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C. For Reimbursable Expenses. In addition to payments provided for in paragraphs 4.O 1.A and <br /> 4.O 1.B,OWNER shall pay ENGINEER for Reimbursable Expenses incurred by ENGINEER and <br /> ENGINEER's Consultants as set forth in Exhibit C. <br /> 4.02 Other Provisions Concerning Payments <br /> A. Preparation of Invoices. Invoices will be prepared in accordance with ENGINEER's standard <br /> invoicing pracrices and will be submitted to OWNER by ENGINEER,unless otherwise agreed. <br /> The amount billed in each invoice will be calculated as set forth in Exhibit C. <br /> B. Payment of Invoices. Invoices are due and payable within 30 days of receipt. If OWNER fails to <br /> make any payment due ENGINEER for services and expenses within 30 days after receipt of <br /> ENGINEER's invoice therefor,the amounts due ENGINEER will be increased at the rate of 1.0% <br /> per month(or the maximum rate of interest pernutted by law,if less)from the said thirtieth day. <br /> In addition,ENGINEER may, after giving seven days written norice to OWNER,suspend services <br /> under this Agreement until ENGINEER has been paid in full all amounts due for services, <br /> expenses, and other related charges. Payments will be credited first to interest and then to <br /> principal. <br /> C. Disputed Invoices. In the event of a disputed or contested invoice,only that portion so contested <br /> may be withheld from payment,and the undisputed portion will be paid. <br /> D. Payments Upon Termination. <br /> 1. In the event of any termination under paragraph 6.06,ENGINEER will be entitled to <br /> invoice OWNER and will be paid in accordance with E�chibit C for all services performed <br /> or furnished and all Reimbursable Expenses incurred through the effective date of <br /> termination. <br /> 2. In the event of terminarion by OWNER for convenience or by ENGINEER for cause, <br /> ENGINEER,in addition to invoicing for those items identified in subparagraph 4.02.D.1, <br /> shall be entitled to invoice OWNER and shall be paid a reasonable amount for services <br /> and expenses directly attributable to termination,both before and after the effective date <br /> of termination,such as reassignment of personnel,costs of terminating contracts with <br /> ENGINEER's Consultants,and other related close-out costs,using methods and rates for <br /> Additional Services as set forth in Exhibit C. <br /> E. Records of ENGINEER's Costs. Records of ENGINEER's costs pertinent to ENGINEER's <br /> compensation under this Agreement shall be kept in accordance with generally accepted <br /> accounting practices. To the extent necessary to verify ENGINEER's charges and upon <br /> OWNER's timely request,copies of such records will be made available to OWNER at cost. <br /> F. Legislative Actions. In the event of legislarive actions after the Effective Date of the Agreement <br /> by any level of government that imposes taxes,fees,or costs on ENGINEER's services or other <br /> costs in connection with this Project or compensarion therefor,such new taxes,fees,or costs shall <br /> be invoiced to and paid by OWNER as a Rennbursable Expense to which a Factor of 1.0 shall be <br /> applied. Should such taxes,fees,or costs be imposed,they shall be in addirion to ENGINEER's <br /> estimated total compensation. <br />' ARTICLE 5—OPINIONS OF COST <br /> 5.01 Opinions of Probable Construction Cost <br /> A. ENGINEER's opinions of probable Conshucrion Cost provided for herein are to be made on the <br /> basis of ENGINEER's experience and qualifications and represent ENGINEER's best judgment as , <br /> an experienced and qualified professional generally familiar with the industry. However,since , <br /> ENGINEER has no control over the cost of labor,materials,equipment or services furnished by <br /> others,or over the Contractor's methods of determ;ning prices,or over comperirive bidding or <br /> market conditions,ENGINEER cannot and does not guarantee that proposals,bids,or actual I <br /> Construction Cost will not vary from opinions of probable Construction Cost prepared by 'i <br /> Standard Form of Agreement I�� <br /> Between Owner and Engineer far Professional Services I <br /> 4 ' <br />