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  2. Finance Committee - Agenda - 8/17/2016 - P50

Finance Committee - Agenda - 8/17/2016 - P50

By dnadmin on Mon, 11/07/2022 - 09:50
Document Date
Wed, 08/17/2016 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 08/17/2016 - 00:00
Page Number
50
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__081720…

estimate of the Cost of the Work prepared by the Construction Manager for such portions of the Project. The
Architect shall be entitled to compensation in accordance with this Agreement for all services performed whether or
not the Construction Phase is commenced.

§ 11.7 The hourly billing rates for services of the Architect and the Architect’s consultants, if any, are set forth
below. The rates shall be adjusted in accordance with the Architect’s and Architect’s consultants’ normal review
practices. "?

(ff applicable, attach an exhibit of hourly billing rates or insert them below.) i

Rate ($0.00) i

§ 11.8 Compensation for Reimbursable Expenses
§ 11.8.1 Reimbursable Expenses are in addition to compensation for Basic and Additional Servi
expenses incurred by the Architect and the Architect’s consultants directly related to the Project,
1 Transportation and authorized out-of-town travel and subsistence;
2 Long distance services, dedicated data and communication services, teleconterences, Project
sites, and extranets;
Fees paid for securing approval of authorities having jurisdiction over the Projedt;
Printing, reproductions, plots, standard form documents;
Postage, handling and delivery; a
Expense of overtime work requiring higher than regular rates, if authorized in advance by the Ow Owner; :
Renderings, models, mock-ups, professional photography, and presentation materials ee by Poa a
the Owner; ‘
8 Architect’s consultants’ expense of professional liability insurance dedicated exclusively i
Project, or the expense of additional insurance coverage or limits if the te such ch 4

N& tn Re

i

insurance in excess of that normally carried by the Architect’s consultants; C | i

9 All taxes levied on professional services and on reimbursable expenses; — i |
0 Site office expenses; and Og ma | i
1 |~ Other similar Project-related expenditures. ae -

| Deleted:
§ 11.8.3 If the insurance requirements listed in Section 2.6 exceed the types and limits the Ar fect normally e a
maintains and the Architect incurred additional costs to satisfy such requirements, the Own¢ shaf{ reir imtours pe rs Sos
Architect for such costs as set forth below: :
§ 11.9 Compensation for Use of Architect’s Instruments of Service i sameness
If the Owner terminates the Architect for its convenience under Section 9.5, or the Architect terminates this | :
Agreement under Section 9.3, the Owner shall pay a licensing fee as compensation for the s-continued-use-of
the Architect’s Instruments of Service solely for purposes of completing, using and maintaining the Project as
follows: ornare ea
onows a a
§ 11.10 Payments to the Architect

| §11.40.1 An initial payment o Deleted:
minimum payment under this Agreement. it shall be credited to the Owner’s account in thelf
§ 11.10.2 Unless otherwise agreed, payments for services shall be made monthly in proporti

| Payments are due and payable upon presentation of the Architect’s invoice. Amounts unpai Deleted:

oof Deleted:

AIA Document B135* - 2014. Copyright © 2014 by The American Institute of Architects. All rights reserved. WARNING: This AIA’ Document is
protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or distribution of this AIA” Document, 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!) ) 24
This draft was produced by ATA software at 12:43:58 on 07/15/2016 under order No.1575871642_1 which expires on 02/08/2017, and is not’ fox:
resale. :

User Notes: (1146770772)

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Finance Committee - Agenda - 8/17/2016 - P50

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