Construction Phase Compensation. Progress payments will be paid to the A/E in installments proportional to the percentage of construction completed.
Construction Phase Compensation. Progress payments will be paid to the CM in installments proportional to the percentage of construction completed.
1. Fill-time observation must be provided at all times during construction activities.
2. Construction phase compensation will be reduced or denied if Daily Reports are not submitted within 7 calendar days of construction activity being reported on.
3. Report format, including content, must be approved by CDB.
4. CM will copy A/E, Using Agency and others as necessary or as instructed by CDB PM.
5. Additional on-site personnel must be supplied as necessary to complete contractual construction phase services at no additional cost to CDB.
Construction Phase Compensation. The portion of Contract Price applicable to the Construction Services shall be the aggregate of all approved GMP Amendments.
Construction Phase Compensation. 7.2.1 The Commission shall compensate the Design-Builder for Work performed following the commencement of the Construction Phase on the following basis:
7.2.1.1 the Cost of the Work as allowed in Article 8; and
7.2.1.2 the Design-Builder’s fee paid in proportion to the services performed subject to adjustment as provided in Paragraph 7.4.
7.2.2 The compensation to be paid under this Paragraph 7.2 shall be limited to the Guaranteed Maximum Price (“GMP”), as the GMP may be adjusted under Article 9.
Construction Phase Compensation. (a) The Design-Builder shall only be entitled to compensation for Construction Work to the extent such Construction Work has been authorized pursuant to an executed Work Package Authorization, the Amendment/NTP, or a subsequently issued Supplemental Agreement. (b) Compensation for such authorized Construction Work shall be as described in the applicable Work Package Authorization, the Amendment/NTP, or Supplemental Agreement; provided that in no event shall such compensation exceed the GMP established pursuant to the Amendment/NTP, or, if the Amendment/NTP has not yet been executed, the applicable Work Package Authorization; provided further that the foregoing limitation shall be subject to any changes to the applicable GMP established pursuant to a Supplemental Agreement in accordance with the requirements of the DBA.
Construction Phase Compensation. 7.3.1 The Owner shall compensate the Contractor for Work performed following the commencement of the Construction Phase on the following basis:
.1 the Cost of the Work as allowed in Article 8; and
Construction Phase Compensation. 1) CM/GC's construction management fee for the Work performed during the entire construction phase, including punch list completion, is a lump sum of 3.85% of the FLCC ($21,500,000 x 3.50% = $753,000). This includes the cost outlined in any management plan submitted by CM/GC.
a) This construction management fee includes overhead, profit for the entire job and personnel who will be managing the project during bidding, construction and closeout, including the warranty period. This fee also includes employment taxes, insurance, workers compensation, as well as salaries and benefits for all personnel that are not identified in Section 2.E.3 below.
b) This construction management fee does not include general conditions or the monthly supervision cost described below. As used in this Agreement, “general conditions” means temporary construction costs directly related to the Work.
c) This construction management fee is subject to modification by County only as the scope of the work changes, and can be adjusted appropriately as the scope of work changes affect the size and/or duration of the Project.
d) Following the establishment of the Guaranteed Maximum Price (“GMP”), CM/GC change order markup, described in Section 6.B.7 below, will compensate CM/GC for the additional overhead and profit associated with a change in scope of Work; however, a decrease in scope of Work and Contract Time prior to or after the establishment of the GMP, shall result in a decrease in the amount of CM/GC’s construction management fee, at the effective percentage rate established in the Proposal, prorated for the amount of Contract Time that is reduced from the original schedule. Similarly, an increase to the scope of Work prior to the establishment of the GMP shall result in an increase in the amount of CM/GC construction management fee at the effective percentage rate established in the Proposal, prorated for the amount of the Contract Time that is added to the original schedule. CM/GC’s construction management fee shall not be increased due to an increase in cost of material, labor, general conditions or site supervision.
2) Compensation for the following items is deemed already included in CM/GC's construction management fee and not subject to any additional payment beyond said fee by County:
a) Costs, losses and expenses, including legal and consultant expenses, to the extent they have resulted from the act, fault or negligence of CM/GC, Subcontractor, Sub-subcontractor or supplier ...
Construction Phase Compensation. 7.2.1 The Owner shall compensate the Design-Builder for Work performed following the commencement of the Construction Phase on the following basis:
7.2.1.1 the Cost of the Work as allowed in ARTICLE 8; and
7.2.1.2 the Design-Builder's Fee paid in proportion to the services performed subject to adjustment.
7.2.2 The compensation to be paid under this section shall be limited to the GMP established in Amendment 1, which may be adjusted under ARTICLE 9.
7.2.3 Payment for Construction Phase services shall be as set forth in ARTICLE 10. If Design Phase services continue to be provided after construction has commenced, the Design -Builder shall continue to be compensated as provided in section 7.1, or as mutually agreed.
Construction Phase Compensation. XXXX EXPRESSLY AGREES AND ACKNOWLEDGES THAT, AS OF THE EFFECTIVE DATE, XXXX IS NOT ENTITLED TO ANY COMPENSATION FOR CONSTRUCTION SERVICES, AND SHALL ONLY BE ENTITLED TO SUCH COMPENSATION IF: (1) THE AGENCY ACCEPTS THE XXXX’X PROPOSAL (AS DEFINED BELOW); (2) THE PARTIES EXECUTE, AND THE AGENCY’S GOVERNING BODY APPROVES, THE GMP AMENDMENT (AS DEFINED BELOW); AND (3) THE AGENCY ISSUES A NOTICE TO PROCEED FOR THE CONSTRUCTION PHASE. XXXX GUARANTEES THAT THE GMP IS THE MAXIMUM COMPENSATION THAT XXXX MAY BE ENTITLED TO FOR CONSTRUCTION PHASE, AND THAT THE GMP IS PREPARED AT THE XXXX’X RISK SUCH THAT XXXX SHALL NOT BE ENTITLED TO ANY ADDITIONAL COMPENSATION FOR THE CONSTRUCTION PHASE UNLESS OTHERWISE PROVIDED BY THE CONTRACT DOCUMENTS.
Construction Phase Compensation. Owner shall pay Contractor in current funds for Contractor’s performance of the Work required by this Agreement during the Construction Phase of the Project, the Contract sum consisting of the Cost of the Work as defined in ARTICLE 4, and Contractor’s Fixed Fee of 4% (“Fixed Fee”) of the Cost of the Work, which Contract sum may be subject to a Guaranteed Maximum Cost Work Authorization and to the Owner’s Elections as set forth in ARTICLE 20 below.
