Agmt04 Freedman Tung Bottomley - Laserfiche WebLink

Browse Search

Fee Proposal 1. Basic services as described above will be provided for a fixed fee, which includes basic expenses as noted in #2 below. Fees for each phase are as follows: Phase 75% Contact Documents $8,800.00 100% Contract Documents $6,400.00 Bidding and Negotiation $1,500.00 Construction $3,500.00 Total Fee (including basic $20,200.00 expenses as noted in #2 below) Estimate of other reimbursable $ 0.00 expenses (see #3 below) If substantial work by ARCHITECTURAL LIGHTING DESIGN does not start within three months of the proposal date, we have the right to revise fees. 2. Basic expenses include copying, printing, CAD plots, messengers, domestic phone calls, domestic faxing, domestic shipping and postage, and transportation costs for meetings within 50 miles of our office. 3. Reimbursable expenses include all other expenses at our cost plus a 10% administrative fee. Usually, the only reimbursable expenses are costs for mockup materials and travel-related costs for out-of-town meetings. The reimbursable expenses estimate is not a guaranteed maximum. Domestic air travel will be coach class, international air travel will be business class, and hotels will be as suggested by the client. 4. Our current hourly billing rates are as follows. The fixed fee includes any escalation in these rates during the anticipated project schedule, but for additional services, these rates may be subject to change once a year. Principal $I40.00/hour Designer $1 IO.OO/hour Technical Staff $80.00/hour 5. Additional services will require separate authorizations. Fixed fee proposals for additional services will be submitted as required. 6. Billing will be monthly in proportion to the percentage of work completed. 7. Our invoices nonnally arrive by the first of each month, and you agree to pay us within thirty days of each invoice date. If your billing and payment schedule requires us to submit invoices by another date, please notify us so we can adjust our billing schedule. 8. If any invoice is not paid within sixty days, we reserve the right to stop work and withhold documents without penalty. 5 _--...A........