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 (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 such as, but without limitation, (i) maintenance projects exceeding _Fifteen Thousand dollars ($15,000.00); (ii) all tenant improvement projects; (iii) all remodeling projects exceeding Fifteen Thousand and No/100 Dollars ($15,000.00); and (iv) all capital improvement projects; or  Other (specify):

Construction and Project Oversight Fee. Owner shall compensate Manager for construction or project oversight as 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 such as, but without limitation, (i) maintenance projects exceeding _Fifteen Thousand dollars ($15,000.00); (ii) all tenant improvement projects; (iii) all remodeling projects exceeding Fifteen Thousand and No/100 Dollars ($15,000.00); and (iv) all capital improvement projects; or  🞏 Other (specify):