Orange County NC Website
ARTICLE 14 <br /> BASIS OF COMPENSATION <br /> The Owner shall compensate the Architect for the Scope of Services provided, in accordance with Article 6, Payments <br /> to the Architect, and the other Terms and Conditions of this Agreement,as follows: <br /> 14.1 AN INITIAL PAYMENT of No dollars($ None } <br /> shall be made upon execution of this Agreement and credited to the Owner's account as follows: <br /> 14.2 BASIC COMPENSATION <br /> 14.2.1 FOR BASIC SERVICES, as described in Paragraphs 1.1 through 1.5, and any other services included in Article 15 <br /> as part of Basic Services, Basic Compensation shall be computed as follows: <br /> (Here insert basis of compensation, including fired arnounu, mu)tiples or percenlaFes. and identfly Phases to which particular methods of compensa- <br /> lion apply,if necessary 1 <br /> 8. 25% of the construction cost. The owner: has currently budgeted <br /> $150, 000 for the project to include bath construction casts and <br /> architectural fees . In the event the project scope is chanced <br /> resulting in a greater project cost than $150 , 000, archd.- <br /> tectural fee shall be as prescribed in "Curve C" of the North <br /> Carolina Department of Administration Design Fee Schedule For <br /> Architectural and Enaineerina Services, July, 1970, which Schedule <br /> is a part of this Agreement. In no event, however, will the fee <br /> exceed 9 . 25% of the construction cost. <br /> 14.2.2 Where compensation is based on a Stipulated Sum or Percentage of Construction Cost, payments for Basic <br /> Services shall be made as provided in Subparagraph 6.7.2, so that Basic Compensation for each Phase shall <br /> equal the following percentages of the total Basic Compensation payable: <br /> linclude any additional Phases as appropriale) <br /> Schematic Design Phase: percent( 25 %) <br /> Design Development Phase: percent( 20 %) <br /> Construction Documents Phase, percent (30 %) <br /> Bidding or Negotiation Phase: percent ( 5 %) <br /> Construction Phase: percent ( 20 %) <br /> 14,3 FOR PROJECT REPRESENTATION BEYOND BASIC SERVICES,as described in Paragraph 1.6, Compensation shall <br /> be computed separately in accordance with Subparagraph 1,6,2, <br /> AIA DOCUh1ENT 8141 1 OWNEg•ARCHITECT AGREESAENT r THIRTEENTH EDITION • IULY 1477 - AIAT+ a, 1477 6141-1977 9 <br /> THE AMERICAN IYSMUTE OF ARCHITECTS. 1735 NEW YORK AVENUE, N,W,, WA5HINCTON, Q.C, 10006 <br />