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ARTICLE 11 BASIS OF COMPENSATION <br />The Owner shall compensate the Architect as follows: <br />§ 11.1 An Initial Payment of N/A <br />t � WA ) shall be made upon execution of this Agreement and credited to the Owner's account at final <br />Al .71Mi vial <br />. ;. <br />t1 BASIC COMPENSATION <br />111.1 For Basic Services, as described in Article 2, and any other services included in Article 12 as part of Basic <br />S- 0,06s, Basic Compensation shall be computed as follows: <br />(ln basis of compensation, including stipulated sums, multiples or percentages, and identify phases to which <br />*Ocular methods of cfensation apply, if necessary.) <br />4.1461s of n for Basic Services for the Fairview Park is a stipulated <br />sly "of <br />" E hty- fiNW_th * *d dollars ($8:5,000.00). <br />B�doca� t . <br />000.00 <br />§ 1 U.2 Where compensation Wbased on a stipulated ruin or <br />percentage of Construction Cost, progress payments for <br />Basic Services in each ph:�ll total the following percentages of the total Basic Compensation payable: <br />(Insert additional pha$ si tpprapriate.) <br />Schematic Design: <br />percent -( °- - - - -�- <br />$ "43,400 <br />Design Development Phase: <br />pereent� --- -- -- '1,) <br />19,200 <br />Construction Documents Phase: <br />peree-mi ------ Xv)- <br />42,200 - <br />Bidding,or,Negotiation Phase: <br />pereem4 --=- -- --lo-)- <br />4,800 <br />Construction Phase: <br />pereow4- -----44- <br />14.400 <br />Tom o <br />Total Basic Compensation one hundred percent ( 100.00% ) <br />§ 1`1.3 COMPENSATION FOR ADDITIONAL SERVICES <br />§ 11.3.1 For Project Representation Beyond Basic Services, as described in Section 3.2, compensation shall be computed <br />as follows: <br />Principal's Time: $110/ho><rr <br />Architect's Time $ 80/hour <br />Engineer's Time: $ 95/hour <br />CADD/Drafting: $ 50/houe <br />Construt;tion Adtnin.: $ 80/010ur <br />Other employees at a .rate of 2.75 times the direct 'hourly wage,_ <br />AIA Document B151 Tm —1997. Copyright © 1974, 1978, 1987, and 1997 by The American Institute of Architects. All rights reserved. WARNING: This <br />AIAe' Document is protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or distribution of this AIA® Document, 3 <br />or any portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law. <br />Purchasers are permitted to reproduce ten (10) copies of this document when completed. To report copyright violations of AIA Contract Documents, e-mail <br />The American Institute of Architects' legal counsel, copyrightCOaia.org. <br />