Common use of Construction and Project Oversight Fee Clause in Contracts

Construction and Project Oversight Fee. Owner shall compensate Manager for construction or project oversight as follows: 1. A fee equal to fifteen percent (15%) of the total project construction costs, payable monthly based on total actual costs, including design and construction. Such fee shall to work, such as, but without limitation, (I) maintenance projects exceeding Two Thousand Dollars ($2,000.00); (ii) all tenant improvement projects; (iii) all remodeling projects exceeding Two Thousand Dollars ($2,000.00); and (iv) all capital improvement projects.

Appears in 3 contracts

Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement

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Construction and Project Oversight Fee. Owner shall compensate Manager for construction or project oversight as follows: 1. follows (check one box only):  A fee equal to fifteen percent (15%) of the total project construction costs, payable monthly based on total actual costs, including design and construction. Such fee shall apply to work, work such as, but without limitation, (Ii) maintenance projects exceeding Two _Fifteen Thousand Dollars dollars ($2,000.0015,000.00); (ii) all tenant improvement projects; (iii) all remodeling projects exceeding Two Fifteen Thousand and No/100 Dollars ($2,000.0015,000.00); and (iv) all capital improvement projects.; or  Other (specify):

Appears in 1 contract

Samples: Property Management Agreement

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