Award Fee Pool. The At Risk Portion shall be used to establish and fund an award fee pool (“the Award Fee Pool”). Within sixty (60) days after approval and full execution of this Agreement, the Department shall appoint a committee that will determine entitlement to the Award Fee Pool (such committee, the “Award Fee Evaluation Committee”). The Award Fee Evaluation Committee will consist of: (i) the Department’s Deputy Director for Capital Construction; (ii) a senior representative from Client Agency; and (iii) a senior member of the Program Management team that is not involved in the day-to-day management of this Project that is acceptable to both Parties.
Appears in 7 contracts
Samples: Construction Management Agreement, Construction Management at Risk Services Agreement, Construction Management at Risk Services
Award Fee Pool. The At Risk Portion shall be used to establish and fund an award fee pool (“the Award Fee Pool”). Within sixty (60) days after approval and full execution of this Agreement, the Department shall appoint a committee that will determine entitlement to the Award Fee Pool (such committee, the “Award Fee Evaluation Committee”). The Award Fee Evaluation Committee will consist of: (i) the Department’s Deputy Director for Capital Construction; (ii) a senior representative from Client Agency; and (iii) a senior member of the Program Management team that is not involved in the day-day- to-day management of this Project that is acceptable to both Parties.
Appears in 3 contracts
Samples: Construction Management Agreement, Construction Management at Risk Agreement, Construction Management at Risk Agreement
Award Fee Pool. The At Risk Portion shall be used to establish and fund an award fee pool (“the Award Fee Pool”). Within sixty (60) days after approval and full execution of this Agreement, the Department shall appoint a committee that will determine entitlement to the Award Fee Pool (such committee, the “Award Fee Evaluation Committee”). The Award Fee Evaluation Committee will consist of: (i) the Department’s Deputy Director for Capital Construction; (ii) a senior representative from Client Agency; and (iii) a senior member of the Program Management team that is not involved in the day-to-day management of this Project that is acceptable to both Parties.. The Construction Manager may earn the At Risk Portion of the Construction Management Fee in accordance as follows:
Appears in 2 contracts
Samples: Construction Management at Risk Agreement, Construction Management at Risk Agreement
