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SECTION 5 -PAYMENTS TO ARCHITECT <br />5.1OWNER has established an initial construction cost limit of eight hundred <br />thousand dollars($800,000.00)available for construction. <br />5.1.1For Basic Services. OWNER shall pay ARCHITECT for Basic Services rendered <br />under Section 1 (as amended and supplemented by Exhibit A "Further Description of <br />Basic Services and Related Matters") as follows: <br />5.1.1.1A lump sum in the amount of sixty thousand dollars($60,000.00). Progress <br />payments for Basic Services in each phase shall total the following percentages of the <br />total basic compensation payable: <br />Schematic Design Phasefifteen percent( 15%) <br />Design Development Phasetwenty percent ( 20%) <br />Construction Documents Phasethirty-five percent ( 35%) <br />Bidding or Negotiation Phasefive percent ( 5%) <br />Construction Phasetwenty percent ( 20%) <br />Operational Phasefive percent ( 5%) <br />Total Compensation for Basic Services$60,000.00 <br />5.1.1.2Should the ARCHITECT's Preliminary Construction Cost Estimate or the lowest <br />bona fide proposal or bid amount exceed the amount in section 5.1 as available for <br />construction, the ARCHITECT may be required at the discretion of the OWNER to amend <br />the design to bring the construction cost estimate or bid amount within the amount <br />specified without additional cost to the OWNER. <br />5.1.1.3If the work is not carried on after Construction Document Phase and drawings, <br />specifications and Construction Documents are completed and approved, the OWNER will <br />pay the ARCHITECT through the Construction Documents Phase in accordance with <br />Section 5.1.1 above; or, if the bids have been received, the OWNER will pay the <br />ARCHITECT seventy-fivepercent (75%) of the fee as specified in Section 5.1.1.1. <br />5.1.1.4The ARCHITECT'S responsibility to provide Basic Services for the Construction <br />Phase under this Agreement commences with theaward of the Contract for Construction <br />and terminates sixty (60) days after a) the actual date of Substantial Completion. Services <br />provided after this date shall be considered Additional Services with the compensation due <br />in accordance with Subparagraph 5.1.2 of this Agreement and shall require OWNER'S <br />written authorization. <br />5.1.2For Additional Services. OWNER shall pay ARCHITECT for Additional Services <br />rendered under Section 2 as follows: <br />On an hourly basis, using Standard Office Billing Rates and Categories <br />identified in paragraph 5.5 of this Agreement, or as mutually agreed between <br />5-1 <br /> <br />