Common use of Costs to Be Reimbursed Clause in Contracts

Costs to Be Reimbursed. § 6.1.1 The term Cost of the Work shall mean costs necessarily incurred by the Construction Manager in the proper performance of the Work. Such costs shall be at rates not higher than the standard paid at the place of the Project except with prior consent of the Owner. The Cost of the Work shall include only the items set forth in Sections 6.1 through 6.7. Items included in the General Conditions Lump Sum Amount established as part of TA 2 for General Conditions and General Requirements shall be paid in equal § 6.1.2 Where any cost is subject to the Owner’s prior approval, the Construction Manager shall obtain this approval prior to incurring the cost. The parties shall endeavor to identify any such costs prior to executing the related TA Guaranteed Maximum Price Amendment.

Costs to Be Reimbursed. § 6.1.1 The term Cost of the Work shall mean costs necessarily and reasonably incurred by the Construction Manager in the proper and good faith performance of the Work. Such costs shall be at rates not higher than the standard then prevailing in the similar types of construction customarily paid at the place of the Project except with specific, prior consent of the OwnerOwner on a case by case basis and in its sole discretion. The Cost of the Work shall include only the items set forth in Sections 6.1 through 6.7. Items included in the General Conditions Lump Sum Amount established as part of TA 2 for General Conditions and General Requirements shall be paid in equal. § 6.1.2 Where any cost is subject to the Owner’s prior written approval, the Construction Manager shall obtain this approval prior to incurring the cost. The parties shall endeavor to identify any such costs prior to executing the related TA Guaranteed Maximum Price Amendment.Amendment No. 1 – Exhibit D.

Costs to Be Reimbursed. § 6.1.1 7.1.1 The term Cost of the Work shall mean only costs necessarily incurred by the Construction Manager in the proper performance of the Work. Such costs shall be at rates not higher than the standard paid at the place of the Project except Work in accordance with prior consent of the Ownerthis Article 7 and Article 8. The Cost of the Work shall include only the items set forth in Sections 6.1 7.1 through 6.77.7. Items included As to change work, in the event of conflict between the provisions of this Article 7 and Section 7.5 of the General Conditions, Section 7.5 of the General Conditions Lump Sum Amount established as part of TA 2 for General Conditions and General Requirements shall be paid in equalcontrol. § 6.1.2 Where 7.1.2 Where, pursuant to the Contract Documents, any cost is subject to the Owner’s prior approval, the Construction Manager shall obtain this such approval in writing prior to incurring the cost. The parties shall endeavor to identify any such costs prior to executing the related TA Guaranteed Maximum Price Amendment. § 7.1.3 Costs shall be at rates not higher than the standard rates paid at the place of the Project, except with prior approval of the Owner.