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<br />194b , <br /> <br />I <br /> <br />] <br /> <br />PERCENTAGE OF CONSTRUCTION lXO&'R BUDGET <br /> <br />I. THE ARCHITECT shall provide professional services for the Project in accordance with the Terms <br />and Conditions of this Agreement. <br /> <br />II. THE OWNER shall compensate the Architect, in accordance with the Terms and Conditions of <br />this Agreement. <br /> <br />A, FOR BASIC SERVICES, as described in Paragraph 1,1, Basic Compensation shall be computed <br />on the basis of one of the following PERCENT AGES OF CONSTRUCTION OCIOU, as defined in <br />Article 3, for portions of the Project to be awarded under BUDGET <br /> <br />A Single Stipulated Sum Construction Contract <br />Eight and 6/l0________hh___n__nn__nn_n-percent (8. 6'M <br /> <br />Separate Stipulated Sum Construction Contracts <br /> <br />percent %) <br /> <br />A Single Cost plus Fee Construction Contract <br /> <br />percent %) <br /> <br />Separate Cost Plus Fee Construction Contracts <br /> <br />percent %) <br /> <br />B, FOR ADDITIONAL SERVICES, as described in Paragraph 1.3, compensation computed a; <br />follows: <br /> <br />I <br /> <br />1, Principals' time at the fixed rate of see below <br />For the purpose of this Agreement, the Principals are: <br /> <br />) per hour, <br /> <br />dollars ($ <br /> <br />The Principals' time shall be figured at the same multiple of <br />direct personnel expense as described under Item 2 below. The <br />Principals are: Ken Rehler, Michael Beaty, George P. Vaughn, <br />and John W, Koone <br /> <br />2, Employees' time (other than Principals) at a multiple of two and one-half <br />( 2.5 ) times the employees' Direct Personnel Expense as defined in Article 4. <br /> <br />3. Services of Professional consultants at a multiple of one and one- fourth <br />( 1. 25 ) times the amount billed to the Architect for such services. <br /> <br />C AN INITIAL PAYMENT of <br />One hundred and no/ 100- - ------------ --------<1ollars ($100.00 <br />shall be made upon the execution of this Agreement and credited to the Owner's account. <br /> <br />D, FOR REIMBURSABLE EXPENSES, amounts expended as defined in Article 5, <br /> <br />Ill. THE OWNER AND ARCHITECT agree in accordance with the Terms and Conditions of this Agree- <br />ment that: <br /> <br />A. IF SCOPE of the Project is changed materially, compensation shall be subject to renegotiation, <br /> <br />B, IF THE SERVICES covered by this Agreement have not been completed within <br />( ) months of the date hereof, the amounts of <br />compensation, rates and multiples set ~orth in Paragraph II shall be subject to renegotiation. <br /> <br />I <br /> <br />AlA DOCUMENT 0141 . OWNER-ARCHITECT AGREEMENT. JANUARY 1974 EDITION. AIA@ . @1974 <br />THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W., WASHINGTON, D. C. 20006 <br /> <br />2 <br />