Orange County NC Website
Docusign Envelope ID:A2263B78-7746-40A2-A238-D34F6FAD8083 <br /> 7.3 Payment for Basic Services Rendered,as described in Attachment B <br /> 7.3.1 Payment to the Designer for Basic Services shall become due and payable as progress deliverables and categories of services are completed, <br /> Upon completion of each category,payment will be made by the Owner within 30 calendar days of receipt of an invoice which is in form and substance <br /> acceptable to the Owner,When applicable such invoice shall include supporting documentation,as designated by Owner,for any reimbursable expenses <br /> claimed by Designer. In the event the Owner finds any part or parts of all or any portion of an invoice presented by the Designer not to be acceptable,it <br /> shall identify to the Designer the part or parts which are not acceptable and shall pay the part or parts of the invoice which are acceptable,if any. This <br /> paragraph is not intended to indicate Owner satisfaction of any work or services. No deductions shall be made from the Designer's fees for basic <br /> services except in accordance with this Agreement or to reimburse the Owner for costs or expenses incurred or anticipated to be incurred for which the <br /> Designer is liable. <br /> 7.3.2 If the Owner increases or decreases the scope of the Project by ten percent(10%)or more of the currently estimated Total Project Cost,the <br /> compensation for Basic Services shall be equitably adjusted. <br /> 7.4 Compensation for Hourly Not-to-Exceed and Additional Services <br /> 7.4.1 With respect to Hourly Not-to-Exceed Services performed by the Designer in accordance with this Agreement,the Designer shall be <br /> compensated at the hourly rates or unit pricing shown in Attachment F to this Agreement. <br /> 7.4.2 With respect to Additional Services performed by the Designer in accordance with Article 5 or any Addendum or Amendment to this Agreement, <br /> the Designer shall be compensated at the hourly rates shown in Attachment F to this Agreement,unless the Owner and the Designer otherwise agree in <br /> writing. <br /> 7.5 Reimbursable Expenses <br /> 7.5.1 Reimbursable expenses are in addition to the fees for N/A,and are for the following expenditures to the extent reasonable and actually incurred <br /> by the Designer,its employees,or Consultants with respect to the Project: <br /> A. n/a,or other items mutually agreed upon between the Owner and Designer as described in Attachment B. Any unit price agreements are <br /> designated in Attachment F. <br /> 7.5.2 Designer and its Consultants may be entitled to reasonable mark-up on actual expenses which are incurred subject to written approval by <br /> Owner, <br /> 7.6 Accounting Records <br /> 7.6.1 Accounting records of the Designer's compensation for Additional Services and Reimbursable Expenses pertaining to the Project shall be <br /> maintained by the Designer and its Consultants in accordance with generally accepted accounting practices and shall be available for inspection by the <br /> Owner or the Owner's representatives at mutually convenient times for a period of five(5)years after the later of final completion of the Project or <br /> issuance of a certificate of occupancy for the Project. <br /> 7.7 Total Compensation <br /> 7.7.1 Total compensation to the Designer,including Basic Services,Additional Services and Reimbursable Expenses shall not exceed$1,719,650. <br /> ARTICLE 8 <br /> RESPONSIBILITIES OF THE OWNER <br /> 8.1 Cooperation and Coordination <br /> 7 <br /> Revised 01/24 <br />