Common use of Design Phase Compensation Clause in Contracts

Design Phase Compensation. Progress payments shall be paid to the CM upon successful completion of each design phase level. Progress payments proportional to the percentage of completion of services may be made monthly. To be eligible for monthly progress payments, CM shall submit evidence of services completed that is acceptable to the CDB PM. Acceptable evidence should be reconciled with the CDB PM prior to submitting the application for monthly progress payment.

Appears in 4 contracts

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

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