(a)
- (1) While contract requirements may vary greatly, a mutually agreed upon method of rendering of compensation shall be established in the standard professional services contract under Section V, "Rendering of Compensation", or in a separate attachment.
- (2) Compensation may be paid monthly or in stages of completion, but compensation or invoices may not be paid or processed until the department has received that portion of work.
(b) In a normal, average construction project, compensation for services and reimbursable expenses may be paid at the end of the following stages:
- (1) Schematic design — Up to fifteen percent (15%) of fee after completion of the owner/department review;
- (2) Design development — Up to fifty percent (50%) of fee after completion of the owner/department review, where applicable;
- (3) Construction documents — Up to seventy-five percent (75%) of fee after completion of Building Authority Division plan review and approval;
- (4) Bidding, negotiations, award, contract administration — Up to eighty percent (80%) of the fee after issuance of notice to proceed;
- (5) Construction administration through the final inspection and final punch list preparation up to ninety-five percent (95%) of fee; and
(6)
- (A) Project closeout — Up to one hundred percent (100%) after processing final pay request and project closeout items (maximum forty-five (45) days).
- (B) Refer to 22 CAR § 112-501 et seq., and 22 CAR § 112-601 et seq.
(c) Any supplemental contracts (such as AIA owner/architect agreements) listed as an attachment to the standard professional services contract shall agree to the language and intent for all:
- (1) Compensation;
- (2) Reimbursables; and
- (3) Multipliers.