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Design/Builder may give a second written notice and , seven (7) days after receipt of <br /> such second written notice by the Owner, may terminate this PaFt-2 Agreement and <br /> recover from the Owner payment for Work executed and for proven losses sustained <br /> upon materials , equipment , tools , and construction equipment and machinery, including <br /> reasonable profit and applicable damages . <br /> ARTICLE 13 BASIS OF COMPENSATION <br /> The Owner shall compensate the Design/Builder in accordance with Article 5 , <br /> Payments , and the other provisions of this PaFt 2 Agreement as described below. <br /> § 13 . 1 COMPENSATION <br /> § 13. 1 . 1 For the Design/Builder's performance of the Work , as described in Section 3 . 2 <br /> and including any other services listed in Article 14 as part of Basic Services , the Owner <br /> shall pay the Design/Builder in current funds the Contract Sum as follows : <br /> IF <br /> $297 , 672IFIF <br /> § 1391 .2 For Additional Services , as described in Section 3 . 3 and including any other <br /> services listed in Article 14 as Additional Services , compensation shall be as follows : <br /> Per hourly rate attached to master agreement <br /> § 13 . 2 REIMBURSABLE EXPENSES <br /> § 13 . 2 . 1 Reimbursable Expenses are in addition to the compensation for Basic and <br /> Additional Services , and include actual expenditures made by the Design/Builder and <br /> the Design/Builder's employees and contractors in the interest of the Project, as follows : <br /> All impact, planning and permitting fees . <br /> s 112 FOR OMOURSABL€ EXPENSES , empens +�n-shalall tee-a multiple of <br /> \ timet• the amounts expended <br /> § 13 . 3 INTEREST PAYMENT <br /> § 13 . 3 .1 The rate of interest for past due payments shall be in accordance with the <br /> Florida Prompt payment Act, FS § 218 . 70 et sea . a&40ews: <br /> One percent ( 1 . 00 % ) monthly <br /> (UsW laws and requirements Under the FedeFal TFuth in Lending AGt, sim#arm state and <br /> vafidity of this pr-evqsien. 5 peGXG legal adviGe should be obtained wA FespeGt <br /> ARTICLE 14 OTHER CONDITIONS AND SERVICES <br /> § 14.1 The Basic Services to be performed shall be commenced on upon notice to. <br /> proceed and , subject to authorized adjustments and to delays not caused by the <br /> Design/Builder, Substantial Completion shall be achieved in the Contract Time of 6 <br /> months ( 180 ) calendar days . <br /> 20 <br />