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02/23/96 11:1! ~J~SO8 271 1418 E JOHN K~APP AIA ~001 <br /> <br /> ARTICLE I l, <br />BASIS OF COMPENSATION <br /> <br />The Owner shall compensate ff~e Architect as follows: <br />11.1 AN INITIAL PAYMENT of Trnr_..eg. Th0..u_8.a_.n.~_ Dollars ($3_,_0~0_) shall be made upon execution <br />of this Agreement and credited to the Owner's aceount, at-iinai--~y~n~ <br /> <br />11.2 BASIC COMPENSATION <br /> <br />11.2.1 FOR BASIC SERVICF~, as described in Article 2, and any other services included in Article <br />12 as part of Basic Services, Basic Compensation'shall be computed as follows: <br />partt'cttlar methods o[ compco~tio~ apply, <br />Basle Compensation shall be a Sti~a_l_ated S~tm of Six'Th_o_usand Dollars ($~6~0_0_0] for the First <br />(PSDPI. Pl~s~Eig~htPgrcent (895} of the constxuctuion costs fo~'_t.he Second Stage. not to exceed <br />'INvent_ Thousand Dollars from Cabarrus County,'.Concord_ NC. If constritction budget ia increased <br />from $250.000.00 by private donations, then the Architects Fee Sum will be increased to 8~of the <br />construction costs consisting of four (4} Phases. Le._DDP + CDP + BNP + <br />See para~aph 11 ~ <br />11.2.2 Where compensation is based on a stipulated sum or percentage of Construction Cost, <br />progress payments for Basic Services in each phase shall }oral the followiag percentages of the total <br /> <br />Basic Compensation payable: <br />(I~ert adc~2ioeal phaac~ a.~ .~pptopt4a <br /> <br />f.P_SDP) Preliminary Schematic Design Phase: Stipq!.ated Sum <br /> <br />(DDP)_Design Development Phase: . Thirty <br />.(CDP} ..Construction Documents Phase: _F_o _rty Six <br />{BNP) Bidding or Negotiation Phase: · Four <br />£CP) Construction Phase: .T.w. en__t~_ <br /> <br />$6,000- <br />percent-(%) <br />percent (30_~) <br />percent (46 %) <br /> percent 40_%) <br />percent (20 %) <br /> <br />Total Basic Compensation <br /> <br />one hundred percent(I0O % ) <br /> <br />11.3 COMPENSATION FOR ADDITIONAL SERVICES <br /> <br />11.3.1 FOR PROJECT REPRESENTATION BEYOND BASIC SERVICES, as described in Paragraph <br />3.2, compensation shall be computed as follows: <br /> <br />Prin¢ip. als time at the fixe~l rate of E_igh. ty Five Dollars ($_85_.9_0) per hour. Foc purp_ ps.Ss of thies <br />Agregmc. ltt,._the Pri_n_c. ip_ats are E. John Knapp, AIA. RolfT. Kjllingsta_d~_.P.E, _Mark J. Sghmi. dt, AIA., <br />and Jay P. Baptists, AIA: <br />EmpJo~yee~ time at the fixed rate of_F_o.r, ty Five dollars ($4~,_0_0.) per hour. <br />~ La.2 FOR ADDITIONAL SERVICES OF THE ARCI-IITECT~ as described in Articles 3 and <br />other than'(I) Additional Project Representation, aa described ia Paragraph 3.2, and (2) services <br />included in Arti¢l~ 12 as part of Basic Services, but excluding services of consultants, compensation <br /> <br /> <br />