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I <br />M. FEES FOR BASIC SOVICU <br />7% of $193,750 anticipated construction cost = $13,562.50 plus MEP fee $6.000 = $19,562.50. <br />See attached opinion of cost. <br />Schematic Design / Design Development i <br />Construction Documentsi1,500 . :. <br />Bidding/Permitting '$1,000 <br />Construction Administration $1,000 <br />Subtotal 519,562.50 <br />Reimbursable Expenses (estimated) $1.000 <br />Total $20,562.50 <br />IV. PAYMENTS TO T= ARCHITECT <br />The architect shall invoice for completed worts ofthe design team as they are incurred. Payments <br />due the architect under this agreement shall beer interest at the rate of 1.5 percent per month <br />commencing 30 days after the date otb'illing. If payments due the Architect are not received <br />within the 45 days of invoice, the Owner agrees to assume responsibility for the cost of all <br />required collection services, legal fees, mediation services, and court costs, incurred in the <br />interest of collecting these fees. Venue shall lie in Indian River County. <br />V. ASSUMPTIONS <br />A. Utilities are readily available (water, sewer, electric), No �iee will be <br />required. <br />B. AD Civil Engineer fees, if necessary, will be by Owner. I <br />VL OWNER'S RESPONSIBMITIES <br />A. Your office, by way of the management office, must furnish all available documents, <br />access to the site for field verifications. <br />B. Your office must pay all applicable fees to agencies having jurisdiction over this <br />project. <br />C. Owner shall be responsible for all reprographic services for construction documents. <br />