Res 1995-103 - Laserfiche WebLink

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;';¡/f -9- construction contract documents alternate bids to adjust the construction cost to the fixed limit. The fixed limit of construction cost may be increased by CITY as specified in. 3.2.3 If the lowest bona fide bid exceeds the ENGINEER'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 in Article 1 and prior to the CITY's final approval of construction contract documents, the ENGINEER will monitor the estimated probable construction cost in relation to the established fixed limit. If necessary, the ENGINEER will implement construction cost savings measures or otherwise endeavor to limit probable construction cost to the lev~l of available funds set by the CITY. ARTICLE 4 REIMBURSABLE EXPENSES 4.1 Reimbursable expenses are to be charged to the CITY by the ENGINEER at actual cost plus 10% and will include such things as expenses for plotting and reproduction of documents, auto' travel mileage¡ delivery charges, long distance communications, freight, filing fees, printing and binding of contract documents and similar incidentals. ARTICLE 5 PAYMENTS TO THE ENGINEER 5.1 PAYMENTS ON ACCOUNT OF BASIC SERVICES Payments for Basic Services will be made to ENGINEER monthly following receipt by CITY of ENGINEER's invoices. The amounts of these invoices will be based upon either hourly rates, or in proportion to the extent of work completed by the ENGINEER within each phase of services, in accordance with Article 13, less in any disputed amounts, pending resolution thereof. 5.2 PAYMENTS ON ACCOUNT OF ADDITIONAL SERVICES Payments on account of the ENGINEER's Additional Services as defined in Section 1.7 will be made monthly upon presentation of the ENGINEER's statement of services rendered or expenses incurred, less any disputed amounts, pending resolution thereof. ARTICLE 6 ENGINEER'S ACCOUNTING RECORDS 6.1 All expense records of ENGINEER will be kept on a recognized accounting basis acceptable to the CITY and will be available to the CITY or the CITY's authorized representative at mutually convenient times.