MINUTE BOOK No. 17, CITY OF OXFORD

MINUTE BOOI( No. 17, CITY OF OXFORD~-~ ----- .. -II(b)Furnish such labor, tools, and equipment as may be requiredby the ENGINEt~R in locating, examining and testing existingfacilities.PAYM:!;N'l'SIN PAYMr~JT for the services hereinbefore described under I'l'El'-IS ONE, TWO, THfu;~,AND FOUR., the OT1JEft agrees to pay and does allow the ENGINE'!>1. the followingamounts:ITSM OME,Revision of System Study:The sum of ONE 1;HOUSAND Si-!:V~N HUNDRSD:~ND FIFTY AND NO/IOO DOLI.ARS($1,750.00), which sum shall be due and payable upon thecompletion of the work described under ITEH ONE of S:~RVIGES.ITEM TlrTO,Designs:A total sum computed in the following manner.Three and one-half (3~%) percent of the estimated constructioncost of all construction up to and including Five HundredThousand and pO/IOO Dollars ($500,000.00), plusTwo and one-half (2t%) percent of the estimated constructioncost of all construction in excess of Five Hundred Thousandand 00/100 Dollars ($500,000.00).The total fee computed in the foregoing manner shall beadjusted in whole or in part in accordance with the finalconstruction cost of that part of the proposed work actuallyconstructed, with payment of the total fee to be made asfollows:Twenty (~u%)percent of the total sum sholl be due andpayable upon the commencement of work described underITEM Ti-,O of SERVICES, an additional forty (40%) percentshall be due and payable upon completion of fifty (50%)percent of the work described under IT&1\1 T:"O of SERVICESand the balance of the total sum shall be due and payableupon completion of all work described under ITEM TIiO ofSE:RVICES.The total fee computed in the foregoing manner shallconstitute full and complete compensation for theservices rendered under ITSM T';'O of SERVICZS, regardlessof any time extensions or delays in the construction period.ITEM THREE.,Supervision of Construction:a. For general supervision of construction as describedunder paragraph a. of ITEE THREE of SERVICES:A sum equal to one (1%) percent of the final constructioncost of the work.The total fee computed in the foregoing manner shallbe due and payable in partial payments made concurrentlywith and in proportion to payments to the constructioncontractor or contractors, -vri th fin,;.l payment to bedue and payable upon the final acceptance of the completedconstruction and the preparation of necessary final"As-Euilt" dra"lings. It shall constitute full andcomplete compensation for all services rendered underparagraph a. of ITEM THREE of SERVICES, regardless ofany time eXtensions or delays in the constructionperiod.b. For detailed on-the-site supervlslon of constructionas described under paragraph b. of ITEM THREE ofSERVICES:The Ql:'.1NEJi. shall reimburse the ENGINEER in the amountof the salaries paid the Supervision ResidentInspector and anY assistant assigned to him (asmutually agreed by the ENGINEER and by the meNEa) plus,twenty-five (25%) percent of the said salaries, andthe Ohi~fER. shall also reimburse the ENGINEER for the