Design-Builder Fee. 6.2.1 The DB's Fee is percent ( %) of the Cost of the Work. 6.2.2 The DB’s Fee for Change Orders shall be determined as follows: 6.2.2.1 Change Orders that impact the scope of the Work, and either increase or decrease the Guaranteed Maximum Price, shall include an increase or a decrease adjustment to the DB’s Fee based on the same percentage used in the original Fee calculation. 6.2.2.2 Deductive Change Orders that are issued for Direct Material Purchase by the Owner shall include no adjustment in the DB’s Fee.
Appears in 3 contracts
Samples: Contract Between Owner and Design / Builder for Design and Construction Services, Contract Between Owner and Design / Builder for Design and Construction Services, Contract Between Owner and Design / Builder for Design and Construction Services
Design-Builder Fee. 6.2.1 The DB's Fee is Six percent ( (6%) of the Cost of the Work.
6.2.2 The DB’s Fee for Change Orders shall be determined as follows:
6.2.2.1 Change Orders that impact the scope of the Work, and either increase or decrease the Guaranteed Maximum Price, shall include an increase or a decrease adjustment to the DB’s Fee based on the same percentage used in the original Fee calculation.
6.2.2.2 Deductive Change Orders that are issued for Direct Material Purchase by the Owner shall include no adjustment in the DB’s Fee.
Appears in 1 contract
Samples: Contract Between Owner and Design / Builder for Design and Construction Services