e. Contract approval
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e. Contract approval
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<br />I § 1.5.3 For a Change in Services of the Architect's consultants, compensation shall be computed as a multiple of <br />One and five hundredths ( 1.05 ) times the amounts billed to the Architect for such services. <br /> <br />§ 1.5.4 For Reimbursable Expenses as described in Section 1.3.9.2, and any other items included in Section 1.5.5 as <br />Reimbursable Expenses, the compensation shall be computed as a multiple of ( ) times the expenses <br />incurred by the Architect, and the Architect's employees and consultants. <br /> <br />§ 1.5.5 Other Reimbursable Expenses, if any, are as follows: <br /> <br />§ 1.5.6 The rates and multiples for services of the Architect and the Architect's consultants as set forth in this <br />Agreement shall be adjusted in accordance with their normal salary review practices. <br /> <br />§ 1.5.7 An initial payment of Zero Dollars and Zero Cents ($ 0,00 ) shall be made upon execution of this <br />Agreement and is the minimum payment under this Agreement. It shall be credited to the Owner's account at final <br />payment. Subsequent payments for services shall be made monthly, and where applicable, shall be in proportion to <br />services performed on the basis set forth in this Agreement. <br /> <br />§ 1.5.8 Payments are due and payable Fifteen ( 15 ) days from the date of the Architect's invoice. Amounts unpaid <br />Forty-five ( 45 ) days after the invoice date shall bear interest at the rate entered below, or in the absence thereof at <br />the legal rate prevailing from time to time at the principal place of business of the Architect. <br />(Insert rate of interest agreedupon.) <br /> <br />I 12.00% per annum <br /> <br />(Usury laws and requirements under the Federal Truth in Lending Act, similar state and local consumer credit laws <br />and other regulations attheOwner's and Architect's principal places of business, the location of the Project and <br />elsewhere may affect the validity of this provision. Specific legal advice should be obtained with respect to deletions <br />or modifications, and also regarding requirements such as written disclosures or waive rs.) <br /> <br />§ 1.5.9 If the services covered by this Agreement have not been completed within Twelve ( 12) months of the date <br />hereof, through no fault of the Arçhitect, extension of the Architect's services beyond that time shall be <br />compensated as provided in Section 1.5.2, <br /> <br />This Agreement entered into as of the day and year first written above. <br /> <br />OWNER <br /> <br /> <br />--'" , <br />/.\. ¿/- <br />\.. <br /> <br /> <br />... -,' <br /> <br />(Signature) . <br />I Bôl'll'lie J 81\1'1331'1, CÔlil'lt) Côðrtiil'Uttôl R 6 b 1.\ Ì\ -~ Û Y'UYh <br />(Printed name and title)Cht..l; ,- <br /> <br />(Signatur <br />Terry L. roh, Principal <br />(Printed name and title) <br /> <br />AlA Document 8141T.. -1997 Part 1. Copyright @ 1917, 1926, 1948, 1951, 1953, 1958, 1961, 1963, 1966, 1967, 1970, 1974, 1977, 1987 and 1997 by The <br />American Institute of Architects. All rights reserved. WARNING: This AlA'" Document is protected by U.S. Copyright law and International Treaties. <br />Unauthorized reproduction or distribution of this AlA'" Document, or any portion of it, may result in severe civil and criminal penalties, and will be <br />prosecuted to the maximum extent possible under the law. This document was produced by AlA software at 10:42:20 on 10/29/2004 under Order <br />No.1 000091736_1 which expires on 1/12/2005, and is not for resale. <br />User Notes: <br /> <br />10 <br /> <br />(1721060593) <br /> <br />.....--.... <br />
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