Common use of Default of Trade Contractor Clause in Contracts

Default of Trade Contractor. In addition, CM/GC may with its own forces perform Work encompassed within any Trade Contract between CM/GC and any Trade Contractor upon the termination of such Trade Contract by CM/GC by reason of the default or abandonment of the Work by the Trade Contractor but, except as provided in Article 1.5.5, the CM/GC shall perform such Work or the balance thereof remaining at the time of termination for an amount not exceeding the contract sum specified in the Trade Contract or the unexpended balance thereof remaining at the time of termination, except as provided in Article 1.5.5., but CM/GC's Fee shall not be reduced, or increased on account of the Work performed under this Paragraph 3.

Appears in 10 contracts

Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement

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Default of Trade Contractor. In addition, CM/GC may with its own forces perform Work encompassed within any Trade Contract between CM/GC and any Trade Contractor upon the termination of such Trade Contract by CM/GC by reason of the default or abandonment of the Work by the Trade Contractor but, except as provided in Article 1.5.5, the CM/GC shall perform such Work or the balance thereof remaining at the time of termination for an amount not exceeding the contract sum specified in the Trade Contract or the unexpended balance thereof remaining at the time of termination, except as provided in Article 1.5.5., but CM/GC's Fee shall not be reduced, or increased on account of the Work performed under this Paragraph 33.7.11.2.

Appears in 3 contracts

Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement

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