Res 1986-093 - Laserfiche WebLink

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ARTICLE 6 PAYMENTS TO THE ARCHITECT 6.1 PAYMENTS ON ACCOUNT OF BASIC SERVICES 6.1.1 Payments for Basìc Servìces shall be made monthly and shall be 1n proportìon to servìces performed so that the compensatìon at the completìon of each of the phases shall be on the basìs set forth 1n Article 14. 6.1.2 When compensation is based on a percentage of Construction Cost, and any portìons of the Project are deleted or otherwise not constructed, compensatìon for such portions of the Project shall be payable to the extent servìces are performed on such portions, in accordance wìth the schedule set forth ìn Subparagraph 14.1.2, based on ( 1) the lowest bona fìde bìd or negotìated proposal or, (2) 1f no such bid or proposaL is received, the most recent Statement of Probable Constructìon Cost for such portìons of the Project. 6.2 PAYMENTS ON ACCOUNT OF ADDITIONAL SERVICES 6.2.1 Payments on account of the ARCHITECT's Addìtìonal Services as defìned ìn Paragraph 1.6 and for Reimbursable Expenses as defined in Article 5 shall be made monthly upon presentation of the ARCHITECT's statement of servìces rendered or expenses incurred. 6.3 PROJECT(S) SUSPENSION OR TERMINATION 6.3.1 If the project(s) 1S suspended or abandoned in whole or in part for more than three (3) months, the ARCHITECT shall be compensated for all services performed prìor to receipt of written notice from the OWNER of such suspension or abandonment. If the project(s) is then resumed after being suspended for more than three ( 3) months, the ARCHITECT's compensation shall be subject to renegotiation. ARTICLE 7 ARCHITECT1S ACCOUNTING RECORDS 7.1 All expense records of ARCHITECT shall be kept on a recognized accounting basis acceptable to the OWNER and shall be avaìlable to the OWNER or the OWNER's authorìzed representative at mutually convenient tìmes. -12-