Question
The Architect total contract fee for the project is: $235,000. The Basic Services will be performed in four phases as described below. The services shall
The Architect total contract fee for the project is: $235,000. The Basic Services will be performed in four phases as described below. The services shall be rendered in the following phases: Schematic Design (SD) Design Development (DD) Construction Documents (CD) Construction Administration (CA) Payment Milestones for the project: Initial payment $20,000 Schematic Design (SD) $40,000 Design Development (DD) $55,000 Construction Documents (CD) $75,000 Construction Administration (CA) $45,000 Total Fee $235,000 Up to date the developer paid to the architect for the project $30,000 (for the detailed invoice see attached Appendix A invoice no.1). All invoices in questions 2.1- 2.3 should be shown as accumulative invoices. 2.1 The SD phase was completed now. Prepare an invoice for the balance of SD (invoice number 2). 2.2 Assume that the invoice you prepared (in clause 2.1) was paid. Prepare an additional invoice for the completion of the DD phase and 50% from the CD phase (invoice no.3). 2.3 After completing 50% of the CD phase the developer decided to change the project. Following to this decision the architect will have to start over the CD phase now. Prepare a new invoice for the CD's completion assuming the additional fee for this phase was approved (the previous invoice, in clause 2.2 was paid).
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