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fee basis for a "licensing fee" type compensation stipulated in B101 section 11.9

  • 1.  fee basis for a "licensing fee" type compensation stipulated in B101 section 11.9

    Posted 01-11-2018 09:42

    I'm looking for any guidance for establishing a fee basis for a "licensing fee" type compensation arrangement between Owner and Architect. as stipulated in B101 section 11.9. This arrangement is also sometimes referred to as a "termination fee". 

     

    "If the Owner terminates the Agreement for its convenience, or the Architect terminates the Agreement due to the Owner's suspension of the Project, B101 provides at Section 11.9 for the Owner to pay a licensing fee to the Architect for the Owner's continued use of the Architect's Instruments of Service. "

     

    Please pass on any useful information you may come across. Thanks. GS



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    Gerard Sullivan AIA
    Principal
    Gerard Sullivan Architect
    Paris
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