Common use of CONSTRUCTION STAGE COMPENSATION Clause in Contracts

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 D. 3.2 The CM shall propose the amount of the CM’s Construction Stage Personnel Costs portion of the Cost of the Work as a part of the proposed GMP Amendment; provided, however, that the CM’s Construction Stage Personnel Costs shall not exceed «insert CM’s Construction Stage Personnel Costs cap dollars ($0,000.00)». 3.2.1 The CM’s Construction Stage Personnel Costs shall be based upon the rates set forth in the Personnel Costs Rate Schedule attached as Exhibit A. 3.3 The CM 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 ($0,000.00). 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 C. 3.4 The CM shall propose the amount of the CM’s Contingency as a part of the proposed GMP Amendment; provided, however, that the CM’s Contingency shall not exceed an amount equal to «insert CM Contingency percentage» percent (x%) of the Cost of the Work identified by the CM in the proposed GMP Amendment. Section 3.4.1 is immediately below and shall be used in this Agreement unless the University and CM agree otherwise, in which case it should be revised to the agreed percentage.

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 D.G. 3.2 The CM DB shall propose the amount of the CMDB’s Construction Stage Personnel Costs portion of the Cost of the Work as a part of the proposed GMP Amendment; provided, however, that the CMDB’s Construction Stage Personnel Costs shall not exceed «insert CMDB’s Construction Stage Personnel Costs cap cap» dollars ($0,000.000.00)». 3.2.1 The CMDB’s Construction Stage Personnel Costs shall be based upon the rates set forth in the Personnel Costs Rate Schedule attached as Exhibit A.D. 3.3 The CM 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 cap» dollars ($0,000.000.00). 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 C.F. 3.4 The CM DB shall propose the amount of the CMDB’s Contingency as a part of the proposed GMP Amendment; provided, however, that the CMDB’s Contingency shall not exceed an amount equal to «insert CM DB Contingency percentage» percent (x%0.0%) of the Cost of the Work identified by the CM DB in the proposed GMP Amendment. Section 3.4.1 is immediately below and shall be used in this Agreement unless the University and CM DB agree otherwise, in which case it should be revised to the agreed percentage.

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 aat least one GMP Amendment, the form of which is attached as Exhibit D. 3.2 The CM shall propose the amount of the CM’s Construction Stage Personnel Costs portion of the Cost of the Work as a part of the proposed GMP Amendment; provided, however, that the CM’s Construction Stage Personnel Costs shall not exceed $«insert CM’s Construction Stage Personnel Costs cap dollars ($0,000.00)cap».. Version Control Document 3.2.1 The CM’s Construction Stage Personnel Costs shall be based upon the rates set forth in the Personnel Costs Rate Schedule attached as Exhibit A. 3.3 The CM shall propose the amount of the General Conditions Costs portion of the Cost of the Work as a part of the proposed GMP Amendment; provided, however, that the General Conditions Costs shall not exceed an amount equal to «$«insert General Conditions Costs cap dollars ($0,000.00)percentage» percent of the Cost of the Work identified by the CM in the proposed GMP Amendment.cap». 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 C. 3.4 The CM shall propose the amount of the CM’s Contingency as a part of the proposed GMP Amendment; provided, however, that the CM’s Contingency shall not exceed an amount equal to «insert CM Contingency percentage» percent (x%) of the Cost of the Work identified by the CM in the proposed GMP Amendment. Section 3.4.1 is immediately below and shall be used in this Agreement unless the University and CM agree otherwise, in which case it should be revised to the agreed percentage.