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3 I 4 Burton Hersh, PA I 130 Miracle Mile #200 I Coral Gables, FL 33134 I T 305.446.4877 I AA 26001651 I www.burtonhersh.com Intern Architect I $ 105 D. In addition to compensation for Services, Owner agrees to reimburse BHPA for all out of pocket costs including but not limited to reproductions, freight and delivery, copies, plotting, travel expenses and any other actual expenditures made in the interest of the project with a multiple of 1.2. (“Reimbursable Expenses”). Local faxes and e-mail shall not be considered a reimbursable cost. 1. Records of Reimbursable Expenses and expenses pertaining to Additional Services shall be available to the Owner or the Owner’s authorized representative at mutually convenient times V. Payments: A. The Owner shall pay BHPA an initial retainer of $8,000.00 for Service II.A. above, Design and Visitation as set forth above upon the commencement of work therefore. B. The Owner shall pay BHPA a second payment of $2,000.00 for Service II.A. above, Design and Visualization upon preliminary approval of the Coral Gables Board of Architects (this is essentially Final Approval as Final Approval is granted if it matches Preliminary Approval). C. For the balance of Basic Service II. above, B. Construction Documents, C. Bidding and Negotiation and D. Construction Administration Phase, the Owner shall pay BHPA an initial retainer of $6,000.00 credited to the Owners final payment and final progress payments in proportion to the work completed. Phase % of Fee Construction Documents Phase 75% Bidding and Negotiation Phase 5% Construction Administration Phase: 20% Total 100% D. Fees for services and reimbursable expenses made shall be invoiced monthly by BHPA to the Owner, and are payable upon receipt. Invoices shall be considered past due if not paid within 15 calendar days of the date of the invoice. E. Past due payments shall incur interest in the amount of 1.5% per month. Should payments be past due BHPA may suspend the rendering of any additional services. VI. Services Not Part of This Agreement: A. The following services are not part of this Agreement and if necessary shall be furnished by the Owner. 1. Permit processing (the Owner may choose to provide its own permit processing directly or via a third party). 2. Asbestos surveys or engineering testing of any kind 3. Civil Engineering 4. Property surveys VII. Owner’s Responsibilities: A. The Owner shall provide the following information: 1. Property Survey 2. Previous 40 Year Inspection done by previous Architect VIII. Miscellaneous Provisions: A. The terms in this Agreement shall have the same meaning as those in AIA Document A201, General Conditions of the Contract for Construction, current as of the date of this Agreement.