Res 1980-015 - Laserfiche WebLink

Home Browse Search

I I I I I I , APPENDIX A FEE SCHEDULE - SIGNAL CONSTRUCTION PROJECT Payment for services as described in this Agreement shall be made to the Engi- neer as determined by the following schedule: Cost of Construction Basic Minimum Fee in Percent 7.00~ 7.00 $50,001 - $100,000 100,000 - 250,000 Forthepurpose of establishing fees for separate phases, the following percentage allocations for the minimum scheduled fees apply: Phase Percentage of Total Fee Preliminary Phase 20 Design Phase 50 Construction Phase 30 A. Method of Payment Payment shall be made to the Consultant based upon the several phases as described heretofore and in accordance with the following: 1. Preliminary Phase - the total amount due the Consultant for com- pletion of the Preliminary Phase shall be payable after approval and acceptance of this phase by the City. 2. Design Phase - the total amount due the Consultant for completion of the Design Phase shall be payable after approval and acceptance of this phase by the City. 3. Construction Phase - Payment will be made following final Project inspection and delivery of revised contract drawings showing work as actually constructed. 4. It is to be understood that although the amount paid the Consultant as that portion of his fee due for the Preliminary Phase and Design Phase may be based upon his estimate of the cost of the construction project, this fee will be adjusted to conform to the fee due the Con- sultant based upon the actual award of the construction contract and its total amount. Any additions, modifications, or alterations made to the construction project after its award will be considered in the total cost of the project and the Consultant shall be paid based upon this actual total cost of the project, and any adjustments necessary in partial payment of his total fee will be corrected to agree with the final cost of the project. 5. Should the City elect to modify or delete portions or segments of this project after award of the construction contract has been made, then appropriate adjustment will be made based upon the revised con- struction contract cost. However, the Consultant shall be paid for the Preliminary and Design Phase for the segment or portion deleted from the project on the basis of the lowest bid received on this seg- ment or portion of the construction project whether or not the con- tractor submitting the low bid was awarded the contract. 6. Should the Consultant develop the Preliminary Phase and Design Phase of the project and the City elects to abandon or cancel the project for any reason, the Consultant shall be paid for the proportionate part of the Preliminary and Design Phase completed by the Consultant based upon the estimated construction cost of the project as approved by the City. This payment shall constitute full and final payment to the Consultant for the work performed by him in development of these phases of the proposed project as described heretofore. Otherwise payment shall be made as stated above.