Res 2000-139 - Laserfiche WebLink

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3.2.1 Evaluations of the City's Project budget and detailed cost estimates, if any, prepared by the Architect, will represent the Architect's best judgment as a design professional familiar with the construction industry. 3.2.2 A fixed limit of construction cost for this Project will be established by the City's representative after consulting with the Architect. The Architect will be permitted to include contingencies for design, bidding and price escalation, to determine what materials, equipment, and types of construction are to be included in the construction contract documents, to make reasonable adjustments in the scope of the Project and to include in the construction contract documents alternate bids to adjust the construction cost to the fixed limit. The fixed limit of construction cost may be increased by the City. 3.2.3 If the lowest bona fide bid exceeds the Architect's most recent approved cost estimate established as a condition of this Agreement, the City will (1) give written approval of an increase in such fixed limit, (2) authorize rebidding of the Project within a reasonable time, or (3) cooperate in revising the Project scope and quality to reduce the construction cost. During the development of the Project through the phases described by Article 1 of this Agreement and prior to the City's final approval of construction contract documents, the Architect will monitor the established probable construction cost in relation to the established fixed limit. If necessary, the Architect will implement construction cost savings measures or otherwise endeavor to limit probable construction cost to the level of available funds set by the City. ARTICLE 4 REIMBURSABLE EXPENSES. 4.1 A fixed fee of $5,800.00 is set for reimbursable expenses, including such things as expenses for plotting, reproduction of documents, including up to 5 sets of design documents and 30 sets of bid document, auto travel mileage, delivery charges, long distance communications, freight, and state accessibility review. Reimbursable expenses are to be charged to the City by the Architect at the actual cost to the Architect. ARTICLE 5 PAYMENTS TO THE ARCHITECT 5.1 PAYMENTS ON ACCOUNT OF BASIC SERVICES 5.1.1 Payments for Basic Services will be made to Architect monthly following receipt by City of Architect's invoices and appropriate payment requisitions. The amounts of these invoices will be based upon the extent of work completed by the Architect on a percentage basis within each phase of services, in accordance with Article 14, less any disputed amounts, pending resolution thereof. 10