Payments to the Engineer. 3.1 Payments for performance of the SERVICES contemplated by this AGREEMENT shall be in the amount and in accordance with the provisions set forth in “Exhibit B”.
Payments to the Engineer. 6.1 Progress payments shall be made in proportion to services rendered or as otherwise indicated within this Agreement and shall be due and owing upon the ENGINEER's submittal of any invoice. Past due amounts owed shall include a late payment Finance Charge which will be computed at the periodic rate of 1% per month, which is an Annual Percentage Rate of 12%, and will be applied to any unpaid balance 30 days after the date of the original invoice.
Payments to the Engineer. For Basic and
Payments to the Engineer. In Exhibit C of the Original Contract, delete section C4.01 A. 1. in its entirety and replace with the following:
Payments to the Engineer. C4.01 For Basic Services Having A Determined Scope -- Lump Sum Method of Payment
Payments to the Engineer. 5.1 For services performed under this AGREEMENT, the OWNER agrees to pay the ENGINEER the lump sum fee of $79,500.00 for the scope of services described in Article 2 of this AGREEMENT. Fees for this PROJECT shall be billed monthly as they accrue based upon the services performed as a percent of the total lump sum fee. The OWNER agrees to make payment to the ENGINEER within thirty (30) days of the invoice date.
Payments to the Engineer. INSERT the following after the second paragraph, “Fees for Scope Items as described in Exhibit B are summarized in the Table below and based on ENGINEER’s Standard Billing Rates, plus Reimbursable Expenses at cost and charges for Consultants’ services times a factor of 1.05. Scope Item Fee Task 2, Phase II – Hydrogeological Feasibility Evaluation (continued) $116,400 4. EXHIBIT B – SCOPE OF SERVICES shall be amended as follows: DELETE entire EXHIBIT B and replace with attached EXHIBIT B (Rev. September 13, 2018).
Payments to the Engineer. 6.1 PAYMENTS ON ACCOUNT OF BASIC SERVICES
Payments to the Engineer. §11.8.1 Engineer will be paid pursuant to the provisions of the Illinois Local Government Prompt Payment Act (50 ILCS 505/1) and in accordance with the invoice processing policies and practices of Owner and as set forth in Exhibit A. Owner shall use best efforts to promptly process Engineer’s invoices when received and promptly present the same to its Board of Education and upon approval, promptly process payment drafts to Engineer.
Payments to the Engineer. The Owner shall pay to the Engineer for services provided within each phase of the Project as follows: Project: Airport Master Plan: $570,749.00 (Lump Sum)* Project Work Elements Cost Element 1: Project Management & Coordination $34,700 Element 2: Public Involvement $17,504 Element 3: Existing Conditions Inventory $58,797 Element 4: Inventory Environmental Conditions $8,756 Element 5: Airport Waste Recycling $4,482 Element 6: Aviation Forecasts $59,084 Element 7: Facility Requirements $84,930 Element 8: Development Alternatives $145,710 Element 9: Airport Layout Plans $84,156 Element 10: Implementation Plans/CIP $34,608 Element 11: Documentation $22,710 Subtotal $555,437 Travel $10,300 Document Production $5,012 Total *$570,749 *plus 5.125% New Mexico Gross Receipts Tax. The prices described are firm. Payment will be made after certification of completion of each phase and accepted by the Owner and as otherwise described In Article IV of the Master Agreement.
