A.12.1.2 Architect’s Fees

A. The Architect’s cash fee is in AIA Document B108, Standard Form of Agreement Between Owner and Architect for a Federally Funded or Federally Insured Project.

B. The Architect’s design cash fee may be released with the initial advance.

C. Design services provided by others as detailed in the B108 must be supported by contracts approved by HUD during commitment processing before any funds may be advanced.

D. The Mortgagor’s and Architect’s Certificate, form HUD-92403.01, must accompany any request or partial request for advance of the design fee.

E. The Architect’s supervisory cash fee is advanced based on a percentage of completion method. The maximum amount that may be approved is computed by multiplying the Architect’s supervisory cash fee

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Appendix 12 Construction Period A.12.1 Approval of Advances

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by the percentage of work completed and approved on form HUD-92448, then deducting the total of installments previously paid.

• F. There is no “holdback” applied to the disbursements approved from the Architect’s Cash Fee.