Common use of Add the Construction Manager’s Fee Clause in Contracts

Add the Construction Manager’s Fee. The Construction Manager’s Fee shall be computed upon the Cost of the Work at the rate stated in Section 5.1 or, if the Construction Manager’s Fee is stated as a fixed sum in that Section, shall be an amount that bears the same ratio to that fixed-sum fee as the Cost of the Work bears to a reasonable estimate of the probable Cost of the Work upon its completion;

Appears in 3 contracts

Samples: Standard Form of Agreement Between Owner and Construction Manager as Constructor, Standard Form of Agreement Between Owner and Construction Manager as Constructor, Standard Form of Agreement Between Owner and Construction Manager as Constructor

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Add the Construction Manager’s Fee. The Construction Manager’s Fee shall be computed upon the Cost of the Work at the rate stated in Section 5.1 accordance with Exhibit 3 hereof, or, if the Construction Manager’s Fee is stated as a fixed sum in that Sectionsum, shall be an amount that which bears the same ratio to that fixed-sum fee as the Cost of the Work bears to a reasonable estimate of the probable Cost of the Work upon its completion;.

Appears in 2 contracts

Samples: Construction Services Agreement, Construction Services Agreement

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Add the Construction Manager’s Fee. The Construction Manager’s Fee shall be computed upon the Cost of the Work at the rate stated in Section 5.1 or, if the Construction Manager’s Fee is stated as a fixed sum in that Section, shall be an amount that bears the same ratio to that fixed-sum fee as the Cost of the Work bears to a reasonable estimate of the probable Cost of the Work upon its completion;the

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Construction Manager as Constructor

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