CONSTRUCTION STAGE COMPENSATION Sample Clauses

CONSTRUCTION STAGE COMPENSATION. 3.1 As described in the General Conditions, the parties will establish the Contract Sum, Contract Times, Milestones, and other commercial terms relevant to the Construction Stage through at least one GMP Amendment, the form of which is attached as Exhibit G. 3.2 The DB shall propose the amount of the DB’s Construction Stage Personnel Costs portion of the Cost of the Work as a part of the proposed GMP Amendment; provided, however, that the DB’s Construction Stage Personnel Costs shall not exceed «insert DB’s Construction Stage Personnel Costs cap» dollars ($0.00). 3.2.1 The DB’s Construction Stage Personnel Costs shall be based upon the rates set forth in the Personnel Costs Rate Schedule attached as Exhibit D. 3.3 The DB shall propose the amount of the General Conditions Costs portion of the Cost of the Work as a part of the proposed GMP Amendment; provided, however, that the General Conditions Costs shall not exceed «insert General Conditions Costs cap» dollars ($0.00). 3.3.1 A detailed description of the items of Work included in the General Conditions Costs portion of the Cost of the Work is set forth in the General Conditions Costs Description attached as Exhibit F. 3.4 The DB shall propose the amount of the DB’s Contingency as a part of the proposed GMP Amendment; provided, however, that the DB’s Contingency shall not exceed an amount equal to «insert DB Contingency percentage» percent (0.0%) of the Cost of the Work identified by the DB in the proposed GMP Amendment. Section 3.4.1 is immediately below and shall be used in this Agreement unless the University and DB agree otherwise, in which case it should be revised to the agreed percentage.