Common use of Adjustments in Compensation Clause in Contracts

Adjustments in Compensation. For changes in the project as provided in Article 10, the construction phase compensation shall be adjusted as follows: (a) The Construction Manager shall be paid additional compensation subject to negotiation if the Construction Manager is placed in charge of reconstruction of an insured or uninsured loss excluding any condition that may have been caused by the negligent acts of the Construction Manager or anyone for whom the Construction Manager is responsible under this Agreement.. (b) If, at the time of the establishment of the GMP, or Partial GMP as applicable, as described in Article 6, the duration of construction differs from the above (measured by reference to the Owner Occupancy date referenced in Article 7 above), the construction phase compensation may be re-negotiated and revised.

Appears in 7 contracts

Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement

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Adjustments in Compensation. For changes in the project as provided in Article 10, the construction phase compensation shall be adjusted as follows: (a) The Construction Manager shall be paid additional compensation subject to negotiation if the Construction Manager is placed in charge of reconstruction of an insured or uninsured loss excluding any condition that may have been caused by the negligent acts of the Construction Manager or anyone for whom the Construction Manager is responsible under this Agreement... (b) If, at the time of the establishment of the GMP, or Partial GMP as applicable, as described in Article 6, the duration of construction differs from the above (measured by reference to the Owner Occupancy date referenced in Article 7 above), the construction phase compensation may shall be re-negotiated and revised.

Appears in 3 contracts

Samples: Construction Manager Agreement, Construction Manager Agreement, Construction Manager Agreement

Adjustments in Compensation. For changes in the project as provided in Article 10, the construction phase compensation shall be adjusted as follows: (a) The Construction Manager shall be paid additional compensation subject to negotiation if the Construction Manager is placed in charge of reconstruction of an insured or uninsured loss excluding any condition that may have been caused by the negligent acts of the Construction Manager or anyone for whom the Construction Manager is responsible under this Agreement.. (b) If, at the time of the establishment of the GMP, or Partial GMP as applicable, as described in Article 6, the duration of construction differs from the above (measured by reference to the Owner Occupancy date referenced in Article 7 above), the construction phase compensation may shall be re-negotiated and revised.

Appears in 2 contracts

Samples: Construction Manager Agreement, Construction Manager Agreement

Adjustments in Compensation. For changes in the project as provided in Article 10, the construction phase compensation shall be adjusted as follows: (a) The Construction Manager shall be paid additional compensation subject to negotiation if the Construction Manager is placed in charge of reconstruction of an insured or uninsured loss excluding any condition that may have been caused by the negligent acts of the Construction Manager or anyone for whom the Construction Manager is responsible under this Agreement... (b) If, at the time of the establishment of the GMP, or Partial GMP as applicable, as described in Article 6, the duration of construction differs from the above (measured by reference to the Owner Occupancy date referenced in Article 7 above), the construction phase compensation may be re-negotiated and revised.

Appears in 1 contract

Samples: Construction Management Agreement

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Adjustments in Compensation. For changes in the project as provided in Article 10, the construction phase compensation shall be adjusted as follows: (a) The Construction Manager shall be paid additional compensation subject to negotiation if the Construction Manager is placed in charge of reconstruction of an insured or uninsured loss excluding any condition that may have been caused by the negligent acts of the Construction Manager or anyone for whom the Construction Manager is responsible under this Agreement.. (b) If, at the time of the establishment of the GMP, or Partial GMP as applicable, as described in Article 6, the duration of construction differs from the above (measured by reference to the Owner Occupancy date referenced in Article 7 above), the construction phase compensation may shall be re-re- negotiated and revised.

Appears in 1 contract

Samples: Construction Manager Agreement

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