Or. Admin. R. 839-025-0220 - Fees for Contract Without Specific Award Amounts
(1) When a project is a public work subject
to ORS 279C.800 to
279C.870, but the contract is
awarded without stating any specific amount, the contract price for purposes of
calculating the fee shall be based on the amount the public agency anticipates
to be the guaranteed maximum amount of the project.
(2) When the contract is completed,
adjustments in the fees shall be calculated and paid or a refund may be
requested as provided in OAR 839-025-0210.
(3) When the public agency has not determined
the guaranteed maximum amount, the agency shall make a good faith estimate of
the contract price. The fee shall be calculated on this estimated
amount.
Notes
Stat. Auth.: ORS 279 & 651
Stats. Implemented: ORS 279.348 - 279.380
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