Design Build Entity s use of Project Contingency shall be documented by a separate accounting accompanying Design Build Entity’s monthly Application for Payment and not solely as a line item in any Schedule of Values. The accounting shall include documentation and information in the level of detail required by the Contract Documents, including, without limitation: (i) a description of the Construction Work for which Project Contingency was used; (ii) a breakdown of the costs of Project Contingency use; and (iii) an itemization of the amount used and an accounting of the Project Contingency balance.
Design Build Entity. The term “Design Build Entity” means the corporation, limited liability company, partnership, joint venture, or other legal entity that is appropriately licensed and capable of providing, and has agreed to provide, all contracting, architectural, and engineering Work required to design and construct the Project consistent with the Contract Documents.
Design Build Entity. The term “the Design Build Entity” means the person or firm identified as such in the Contract and is referred to throughout the Contract Documents as if singular in number.
Design Build Entity acknowledges and agrees that its compensation for the performance of the Pre-GMP Phase Work and Working Drawings Work is fixed as of the Effective Date, and that compensation for Working Drawings Work is Not Yet Authorized. Compensation for Working Drawings Work shall not be revised or adjusted when Judicial Council exercises its Option for Post-GMP Phase Work, unless otherwise agreed to in writing by Judicial Council and consistent with the Contract Documents.
Design Build Entity. A Design-Build Entity to the DISTRICT under a Contract awarded by the DISTRICT for construction of the PROJECT.
Design Build Entity. 10.1. If Design Build Entity is entitled to an increase in the Total Contract Amount because of any Compensable Delay established pursuant to the General Conditions, the Total Contract Amount will be increased by the sum indicated below for each Day of Compensable Delay, approved in a Change Order issued by Judicial Council or approved as Compensable Delay during the resolution of any claim. This provision will apply only if Judicial Council has issued a Notice to Proceed for the Post- GMP Phase Work and only to the extent that Design Build Entity establishes its entitlement to Compensable Delay pursuant to the Contract Documents. The Compensable Delay daily rate will be calculated by: (i) dividing the total cost of Design Build Entity’s General Conditions (staff and other costs per the Design Build Entity’s Price Proposal) on the Project by the total Days in the Post- GMP Phase Time; and (ii) multiplying that daily rate by the number of Days of Judicial Council- approved Compensable Delay (e.g., Compensation for Compensable Delay = (Cost of Design Build Entity’s General Conditions / Post-GMP Phase Time) x (Approved Days of Compensable Delay). Additional compensation for home office overhead and mark-up shall not be allowed. This formula shall not be adjusted during the performance of Work.
Design Build Entity. The terms “Design Build Entity” or “DBE” mean the corporation, limited liability company, partnership, joint venture, or other legal entity that is appropriately licensed and capable of providing, and has agreed to provide, all contracting, architectural, and engineering Work required to design and construct the Project consistent with the Contract Documents.
