Ch 25 owner designer agreements Flashcards
A bargain between two or more parties who agree to exchange something each desires to obtain. Must have an offer and an acceptance.
Contract
Full legal name of both parties must be clearly stated along with their addresses and the date on the contract.
Parties to contract and date
Fixed set of money for a specific set of services. Money usually paid out monthly. Careful estimation of time required.
Fixed fee
Client charged for the actual amount of time that a professional spends on the project. Most common form is the billing rate which is calculated with the net multiplier.
Hourly rate
Fee determined by the total cost of the project.
Percentage of project cost
Determined by multiplying the square footage of a project by some fixed rate. Designer must specify how the area of the project will be calculated (gross, net, or rentable square footage).
Area fee
Compensation based on the selling of goods.
Retail method
Must furnish full information regarding requirements of the project, including a budget that provides for the contingencies as well as for basic cost items. Must furnish all legal, accounting, and insurance counseling services necessary for the project and must furnish any required laboratory tests, inspections, and reports as required by the contract documents. Must be suitable space provided by the owner for the receipt, inspection, and storage of materials and equipment used on the job. Responsible for the removal or relocation of existing facilities, furniture, and equipment unless otherwise stated.
Owners responsibilities
Making revisions to drawings and specs. when those revisions are inconsistent with written approvals from the client, when they are required by revisions in codes or regulations after preparation of the documents, when they are due to a change in change orders or change directive, or when they are due to proposed substitutions from contractors and vendors.
Additional service
Providing services to investigate existing conditions or facilities or to make measured drawings.
Additional service
Providing services to verify the accuracy of information supplied by the owner.
Additional service
Assisting the owner in contracting for special surveys, environmental studies, and submissions required for the approvals of governmental authorites.
Additional service
Providing services for the design and selection of graphics and signage.
Additional services
Providing services in connection with the procurement of art.
Additional services
Subcontracting structural, mechanical, and electrical engineering consultants not metnioned in other parts of the agreement.
Additional services
Providing services relative to future facilities, furniture, and equipment that are not intended to be completed during the contract administration phase.
Additional services