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§ 1.5.2 If the services of the Engineerare chwiged as described in Section 1.3.3.1, the Eng-incer's compensation shall
<br />be adjusted. Such adjustment shall be calculated as described below or, if no inethiod, of adjustment is indicated in
<br />this Section 1.5.2, in an equitable manner.
<br />(Insert basis of conipensation, including rates and inul tip les of Direct Personnel' Expense for Priniciij),all's and
<br />employees, and identij� Principals and classify einplo);ees, if required. lden.tifyspecific services to which particular
<br />n7elhods qfcornpensation. apply.)
<br />See attached Rate Sheet.
<br />§ 1.5.3 For a Change. in Services of the Engineer's consultants, col-wensation shall be computed as a multiple of
<br />1.0 ) times the amounts billed to the Engineer for such services.
<br />1.5.4 For Reimbursable Expenses as described in Section 1.3.9.2, and any other items, it in Section 1.51.51 as
<br />Reimbursable Expenses, the compensation shall be computed as a multiple of ( '1 0 ) times the expenses incurTed by
<br />the Engineer, and the Engineer's employees and consultants.
<br />§ 1.5.5 Other Reimbursable Expenses, if any are as follows:
<br />§ 1.5.6 The rates and multiples for services of the Engineer and the Engineer's consultants as set forth in this
<br />Agreement shaH be adjusted in accordance witli their normal salary review practilcies.
<br />§ 1.5.7 An initial payment of Zero ($ 0) shall be made upon execution of this Agreement and is the minimum
<br />payment under this Agreement. It shall be credited to the, Owner's account at final payment. Subsequent payments
<br />for services shall be made monthly, and where applicable, shall be in proportion to services performed on the basis
<br />set forth in this Agreement.
<br />§ 1.5.8 Payments are due and payable Tbirty ( 30 ) days from the date of the Engineer's invoice. Aniounts unpaid
<br />Thirty (30 ) days after the invoice date shall bear interest at the rate established under Minnesota Statutes, Section
<br />549.09. (Insert rate of interest agreed upon.)
<br />ONE=
<br />(Usur I e and local consunier credit laws
<br />y laws and requirements under the Federal Truth in Lend'ng Act, shnilar state
<br />and wher regulations at the Owner's and Eg g ineer's principal places of business, the location of the Project and
<br />elsewhere may affiect the validity of this provision. Specific legal advice should be obtained with respect to, deletions
<br />or modifi cations, and also regarding requirements such as written disclosures -or waivers.)
<br />§ 1.5.9 If the services covered by this Agreement have not been completed within )i months of the date,
<br />hereof, through no fault of the Engineer, extension of the Engineer's services beyond that time, shall be compensated
<br />as provided in Section 1.5.2.
<br />This Agreement entered into as of the day and year first written above.
<br />OWNER
<br />(Signature)
<br />I
<br />(Printed amine and title)
<br />ENGINEER
<br />(Sign,ature)
<br />Mr., Randy P. Christenson,, P.E.
<br />,(Printed name i ind' tilitlel)
<br />Al Docum I ent B141'fm —19 ? Part 1. Copyright 0 1917, 1926, 1948,1951, 1953,1958,,119i161, 19ii6�3, 1966, 1967', 1970, 11974.1977, 1987and 1997 by The
<br />Init. I a
<br />American Institute of Architects. All rights reserved. WARNING: This Ale Document his protecteid by �U.S. Copyright Law and Internatlion I Treaties.
<br />Unauthorized reproduction or distribution of this Ale Document, or any portion of it, may result in severie civil and crimitnal! penalties, and will be
<br />prosecuted to the maximum extent possible under the law. This document was produced by AIA sioftwarle at 07:41 *219 on 01211105/120108 unider Order
<br />ON o. 10 0 22 7AO-P — I which expires on 11/5/2008, and is not for resale. (483441425)
<br />S*
<br />User Note a
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