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j' SECTION B — COMPENSATION FOR BASIC ENGINEERING SERVICES The OWNER shall compensate the ENGINEER for basic engineering services not to exceed $ 26,526.00 or as shown in Attachment I. When Attachment I is used to establish compensation for basic services the construction costs on which compensation Is determined shall exclude legal fees, administrative costs, engineering fees, land rights acquisition costs, water costs, and interest expense incurred during the construction period. The compensation for basic engineering services shall be payable as follows: 1. The sum of None I Dollars ($ 0.00 after the review of the pre- liminary engineering report by the FmHA and acceptance by the OWNER. 2. A sum which together with the specific sum set forth in Section B-1 above equals seventy percent (70%) of the total compensation payable after completion and submission of the final drawings, specifications, cost estimates, and contract documents, and the acceptance of the same by the OWNER and FmHA. 3. A sum equal to ten percent (107c) of the total compensation payable immediately after the construction contracts are awarded. 4. A sum equal to twenty percent (209o') of the total compensation will be paid on a monthly basis for general engineering inspection of the contractor's work during the construction period on percentage ratios identical to those approved by the ENGINEER as a basis upon which to make partial payments to the contractor(s). However, final payment under this paragraph and of such additional sums as are due the ENGINEER by reason of any necessary adjustments in the payment computations will be in an amount so that the aggregate of all sums paid to the ENGINEER will equal one hundred percent (1009o') of the basic compensation. Final payments shall not be made until it is determined that all services required by this Agreement have been completed except for the services set forth in Section A-21 hereof. The compensation for engineering services shall be: 07be total sum of $ 26,526, including services under Section C. Established by Attachment I. SECTION C — COMPENSATION FOR DETAILED RESIDENT CONSTRUCTION INSPECTION AS SET FORTH IN SECTION A-15 When the engineer provides detailed resident construction inspection, he will, prior to the preconstruction con- ference, submit a resume of the construction inspectors' qualifications, anticipated duties and responsibilities for approval by the OWNER and FmHA. The OWNER agrees to pay the ENGINEER for such service in accordance with the schedule set out in Attachment I. The ENGINEER will render to OWNER for such services an itemized bill, separate from any other billing, at the end of each month, for compensation for such services performed hereunder during such month, the same to be due and payable by OWNER to the ENGINEER 'on or before the 10th day of the following month. a 'x e nox 31 PAGE 214 t OCT 5 1977