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are not engaged in business operations in Cuba or Syria. Owner may terminate this Contract if Design -Builder is found to have submitted a false certification as provided under section 287.135(5), Florida Statutes, been placed on the Scrutinized Companies with Activities in Sudan List or the Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List, or been engaged in business operations in Cuba or Syria, as defined by section 287.135, Florida Statutes. 8.9 Delays caused by force majeure, including but not limited to extreme weather, acts of God, epidemics, material shortages, or permitting delays by agencies, shall entitle Design -Builder to an equitable time extension. ARTICLE 9 BASIS OF COMPENSATION The Owner will compensate the Design -Builder for services rendered under this Contract, as described below. 9.1 COMPENSATION FOR BASIC SERVICES 9.1.1 For Basic Services, compensation will be as follows: For services performed under Article 1 hereof, total compensation to the Design -Builder will be a not -to -exceed amount of one million, seven hundred fifty-eight thousand, three hundred ninety- nine dollars ($1,758,399.00). Invoiced amounts will be based upon work completed and supported by monthly progress reports submitted to the Owner. 9.1.2 Upon receipt of payment from the Owner, the Design -Builder will promptly pay each licensed design professional and each subcontractor out of the amount paid to the Design - Builder, for such licensed design professional's and subcontractor's portion of the Work. The amount to which said licensed design professional and subcontractor is entitled should reflect percentages actually retained from payments to the Design -Builder on account of such licensed design professional's and subcontractor's portion of the Work. The Design -Builder will, by appropriate contract with each licensed design professional and each subcontractor, require each licensed design professional and each subcontractor to make payments to their respective subconsultants and sub -subcontractors in a similar manner. 9.1.3 The Design -Builder agrees to pay each subcontractor under this Contract for satisfactory performance of its contract no later than 10 days from the receipt of each payment the Design - Builder receives from the Owner. The Design -Builder agrees further to release retainage payments to each subcontractor within 10 days after the subcontractor's work is satisfactorily completed and payment of that retainage has been made by the Owner. Any delay or postponement of payment from the above referenced time frame may occur only for good cause following written notice to the Owner. This clause applies to both DBE and non -DBE subcontractors. Retention for Pre -Construction services shall not be held by owner. 9.1.4 Invoiced amounts will be based on the Design -Builder's and subconsultant's most recent audited overhead rates or agreed upon overhead rates, personnel direct labor rates, negotiated profits on a percent complete basis. 9.1.5 Invoiced amounts for multiple projects or multiple locations must be identified per project and/or location. Ixora Park Infrastructure Improvements 15