EXHIBIT F

PAYMENT TERMS

 

1. BASIC SERVICES: The Contract Fee shall be paid directly to the CONSULTANT in installments as tabulated below:

                                              

Net % of Consultant's Cumulative
Contract Fee Percentage
a.

SKETCH STUDY STAGE: Upon approval of Sketch Study Stage and delivery of four sets of same.

10% 10%
b.

PRELIMINARY STAGE: Upon approval of Preliminary Stage and delivery of four sets of same.

20% 30%
c.

CONTRACT DOCUMENT STAGE: Payment may be requisitioned in monthly installments for preparation of Contract Documents. The final monthly payment shall be made on delivery of all drawings in final form, all copies of the completedspecifications and proposal forms.

35% 65%
d.

BID STAGE: Within sixty days after receipt of acceptable bids.

10% 75%
e.

CONSTRUCTION STAGE: Payment may be requisitioned in monthly installments as construction proceeds. The final monthly payment shall be made following the Final Acceptance and certification of final compliance with the drawings and specifications under Paragraph 19 of Exhibit D.

25% 100%

2. ADDITIONAL SERVICES: For Additional Services rendered under Paragraph 15. a. through 15. m. inclusive of Exhibit B, the basis of payment shall be payroll costs times a factor of 2.50 for services rendered by employees assigned to the PROJECT at regularly established offices of the CONSULTANT at the rate set forth in Wage Rate Schedule attached hereinafter.

a. Direct salary as used herein shall be the payroll cost of salaries or wages paid directly to employees of the CONSULTANT employed on this PROJECT.

3. SPECIAL CONSULTANTS: When authorized by the Vice President for Administrative and Information Services, the COLLEGE will pay the CONSULTANT for services of special consultants in the amount billed to the CONSULTANT plus 5% of the billing, plus all of the Consultant reimbursable expenses in connection therewith.

4. CONSULTANT'S PRINCIPALS' TIME: For additional service rendered under Paragraph 15. a. through 15. m. inclusive of Exhibit B, the basis of payment for services rendered by CONSULTANT'S Principals shall be computed at the hourly rate provided for those individuals specifically named as principals in the Wage Rate Schedule attached as Exhibit G.

REIMBURSABLE EXPENSES:

The COLLEGE will pay the CONSULTANT the actual costs of all reimbursable expenses incurred. Reimbursable expenses shall mean the actual expenses for Test Borings, Inspection or Testing Agencies, expense of computer time and/or other items previously authorized by the Vice President for Administrative and Information Services. The reimbursable expenses shall be allowed on a direct cost basis (with no additional provisions for overhead or fee).

6. NONCOMPENSATORY AND MINOR CHANGES: In the event that any change is required due to defect of design or unworkability of details, or because of any other fault or error of the CONSULTANT, as determined by the COLLEGE, no additional compensation shall be paid to the CONSULTANT for making such change, and the obligation to make such change without additional compensation shall continue until Final Payment under this Agreement.

7. TIMES AND REQUIREMENTS OF PAYMENT:

a. Payments: The COLLEGE will make prompt payments in response to the CONSULTANT'S statements for all categories of services rendered under this Agreement and for reimbursable expenses incurred.

b. Claim Forms: Payment of the CONSULTANT'S fee for services rendered shall be made upon presentation of claim forms supplied by the COLLEGE and approved for payment by the Vice President for Administrative and Information Services or his authorized representative. Each claim form submitted for payment under Additional Services shall be accompanied by a certified statement setting forth the name and title of each person who was engaged in each separate project during such month, his/her Hourly Rate of pay, the number of hours worked each day and the amount of compensation earned.

c. No deduction shall be made from the CONSULTANT'S compensation on account of penalty, liquidated damages or other amounts withheld from payments to the Contractor(s).

d. The payroll costs used as a basis for payment shall mean the direct salaries and wages paid to principals and employees engaged directly on the PROJECT, including, but not limited to, Engineers, Architects, Surveymen, Designers, Draftsmen, Specification Writers, Estimators, and other approved technical personnel.

8. ACCOUNTING PRACTICES: The CONSULTANT shall maintain full and complete books and records of accounts in accordance with accepted accounting practices and such other records as may be prescribed by the COLLEGE or the Comptroller of the County of Suffolk. Such books and records shall be retained for a period of three years, after final completion of all of the construction contracts for the PROJECT, and shall at all times be available for audit and inspection by the County Comptroller or his duly designated representative, and the Vice President for Administrative and Information Services or his duly designated representative.

9. WAGE RATE SCHEDULE:

a. The CONSULTANT shall prepare and attach to this Agreement, as Exhibit , at the time of execution thereof, a schedule entitled Wage Rate Schedule listing the various job classifications of the personnel to be used by it on this PROJECT and the maximum hourly wage rate currently in effect for each such job classification. Said schedule shall be deemed to be a part of this Agreement.

b. Any wage increase hereafter granted to any employee engaged in this PROJECT and which is charged to the COLLEGE, shall not exceed the employee's wage rate prevailing at the time of the execution of this agreement by more than 6% in any one calendar year. In no event shall an employee's wage rate, at any time, exceed the maximum rate for his/her job classification.

c. With respect to any claim for payment submitted for direct salary costs, the certified statement to be attached to such claim form, as herein provided shall further recite that the hourly wage rate listed for each of the personnel named in said certified statement, was the prevailing hourly wage rate for such employee at the time of the execution of this agreement. If any employee so listed had received an increase in his/her wage rate the CONSULTANT shall certify that such increase did not exceed the amount allowable for the year as hereinabove defined.

d. In the event the CONSULTANT should desire to modify or alter the said Wage Rate Schedule in any respect, it shall give the Vice President for Administrative and Information Services thirty (30) days written notice of such intention. Unless approved in writing by the said Vice President for Administrative and Information Services within said period, the said modification or alteration shall be deemed rejected.

END OF EXHIBIT F

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