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5.4 If OWNER fails to make any paymenl due ENGINEER for services and expenses <br /> within sixty days after receipt of ENGINEER's stetement therefor, the <br /> amount due ENGINEER shall include a charge at the rate of 1.0 percent per <br /> month from said s}xtieth day. and in addition ENGINEER may. after giving <br /> seven days' written notice to OWNER. suspend services under this Agree- <br /> ment until ENGINEER has been paid in full all amounts due for services, <br /> expenses and charges. <br /> <br /> SECTll~N 6, COST CONTROL <br /> <br /> 6. l OWNER's budgetary requirements and considerations in respect of the <br /> Assignment are set forth in Paragraph 5 of Exhibit A "Further Description <br /> of Basic Services, Duties of Owner. Method of Payment and Related <br /> Matters." <br /> <br /> 6.2 Opinions of probable construction cost. financial evaluations, feasibil- <br /> ity studies, economic analyses of alternate solulions and utilitarian <br /> considerations of operations and maintenance costs prepared by ENGINEER <br /> hereunder will be made on the basis of ENGINEER's experience and quali- <br /> fications and represent ENGINEER's best judgment as an experienced and <br /> qualified design professional. II is recognized, however, that ENGINEER <br /> does not have control over the cost of labor, material, equipment or <br /> services furnished by others or over market conditions or contractors' <br /> melhods of determining their prices, and that any utilitarian evaluation <br /> of any facility to be constructed or work to be performed on the basis of <br /> the Report musg of necessity, be speculative until completion of its <br /> detailed design. Accordingly. ENGINEER does not guarantee that pro- <br /> posals, bids or actual costs will not vary from opinions, evaluations or <br /> studies submitted by ENGINEER to OWNER hereunder. <br /> <br />SECTION 7. GENERAL CONSIDERATIONS <br /> <br />?, 1 All documents prepared or furnished by ENGINEER (and ENGINEER's independ- <br /> ent professional associates, subcontractors, and consultants) pursuant to <br /> this Agreement are instruments of service and ENC;INEER shall retain an <br /> ownership and property interest therein. OWNER may make and retain <br /> copies for information and reference: however, such documents are not <br /> intended or represented to be suitable for reuse by OWNER or others. Any <br /> reuse without whiten verification or adaptation by ENGINEER for Ihe spe- <br /> cific purpose intended will be at OWNER's sole risk and withoul liability <br /> or legal exposure to ENGINEER, or to ENGINEER's independent professional <br /> associates, subcontractors, or consufiants.~and OWNER shall indemnify and <br /> hold harmless ENGINEER and ENGINEER's independent professional associ- <br /> ates. subcontractors, and consultants from all claims, damages, losses <br /> and expenses including attorneys' fees arising out of or resulting <br /> <br /> Page 4 of 6 <br />11185 ~ ~ <br /> <br /> <br />