Discounts, Rebates and Refunds. § 6.9.1 Cash discounts obtained on payments made by the Construction Manager shall accrue to the Owner if (1) before making the payment, the Construction Manager included them in an Application for Payment and received payment from the Owner, or (2) the Owner has deposited funds with the Construction Manager with which to make payments; otherwise, cash discounts shall accrue to the Construction Manager. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Owner, and the Construction Manager shall make provisions so that they can be obtained. § 6.9.2 Amounts that accrue to the Owner in accordance with the provisions of Section 6.9.1 shall be credited to the Owner as a deduction from the Cost of the Work.
Appears in 3 contracts
Samples: Standard Form of Agreement Between Owner and Construction Manager as Constructor, Standard Form of Agreement Between Owner and Construction Manager as Constructor, Construction Manager Agreement (Peninsula Gaming, LLC)
Discounts, Rebates and Refunds. § 6.9.1 All proceeds from sale of surplus materials and equipment shall accrue to the Owner and be credited to the Cost of Work. Cash discounts obtained on payments made by the Construction Manager shall accrue to the Owner if (1) before making the payment, the Construction Manager included them in an Application for Payment and received payment from the Owner, or (2) the Owner has deposited funds with the Construction Manager with which to make payments; otherwise, cash discounts shall accrue to the Construction Manager. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Owner, and the Construction Manager shall make provisions so that they can be obtained.
§ 6.9.2 Amounts that accrue to the Owner in accordance with the provisions of Section 6.9.1 shall be credited to the Owner as a deduction from the Cost of the Work.
Appears in 3 contracts
Samples: Standard Form of Agreement Between Owner and Construction Manager as Constructor, Standard Form of Agreement Between Owner and Construction Manager as Constructor, Standard Form of Agreement Between Owner and Construction Manager as Constructor
Discounts, Rebates and Refunds. § 6.9.1 8.10.1 Cash discounts obtained on payments made by the Construction Manager shall accrue to the Owner if (1) before making the payment, the Construction Manager included them in an Application for Payment and received payment from the Owner, ; or (2) the Owner has deposited funds with the Construction Manager with which to make payments; otherwise, cash discounts shall accrue to the Construction Manager. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Owner, and the Construction Manager shall make provisions so that they can be obtained.
§ 6.9.2 8.10.2 Amounts that accrue to the Owner in accordance with the provisions of Section 6.9.1 8.10.1 shall be credited to the Owner as a deduction from the Cost of the Work.
Appears in 2 contracts
Samples: Construction Manager at Risk Agreement, Construction Manager at Risk Agreement
Discounts, Rebates and Refunds. § 6.9.1 6.3.1 Cash discounts obtained on payments made by the Construction Manager shall accrue to the Owner if (1) before making the payment, the Construction Manager included them in an Application for Payment and received payment therefor from the Owner, or (2) the Owner has deposited funds with the Construction Manager with which to make payments; otherwise, cash discounts shall accrue to the Construction Manager. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Owner, and the Construction Manager shall make provisions so that they can be obtainedsecured.
§ 6.9.2 6.3.2 Amounts that which accrue to the Owner in accordance with the provisions of Section 6.9.1 6.3.1 shall be credited to the Owner as a deduction from the Cost of the Work.
Appears in 2 contracts
Samples: Standard Form of Agreement Between Owner and Construction Manager Where the Construction Manager Is Also Constructor, Construction Manager Agreement (United Therapeutics Corp)
Discounts, Rebates and Refunds. § 6.9.1 Cash discounts dDiscounts obtained on payments made by the Construction Manager shall accrue to the Owner if (1) before making the payment, the Construction Manager included them in an Application for Payment and received payment from the Owner, or (2) the Owner has deposited funds with the Construction Manager with which to make payments; otherwise, cash discounts shall accrue to the Construction Manager. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Owner, and the Construction Manager shall make provisions so that they can be obtained.
§ 6.9.2 Amounts that accrue to the Owner in accordance with the provisions of Section 6.9.1 shall be credited to the Owner as a deduction from the Cost of the Work.
Appears in 1 contract
Samples: Construction Manager Agreement
Discounts, Rebates and Refunds. § 6.9.1 Cash discounts obtained on payments made by the Construction Manager shall accrue to the Owner if (1) before making the payment, the Construction Manager included them in an Application for Payment and received payment from the Owner, or (2) the Owner has deposited funds with the Construction Manager with which to make payments; otherwise, cash discounts shall accrue to the Construction Manager. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Owner, and the Construction Manager shall make provisions so that they can be obtained.
§ 6.9.2 Amounts that accrue to the Owner in accordance with the provisions of Section 6.9.1 shall be credited to the Owner as a deduction from the Cost of the WorkWork and at all times accounting of any discounts, rebates, refunds and amounts shall be provided to the Owner in writing.
Appears in 1 contract
Samples: Construction Manager Agreement
Discounts, Rebates and Refunds. § 6.9.1 Construction Manager shall take advantage of all available discounts, rebates, and refunds for supplies, material, and equipment connected with the Work and which conform to the Contract Documents, which discounts rebates, and refunds shall accrue to the benefit of the Owner. Cash discounts obtained on payments made by the Construction Manager shall accrue to the Owner if (1) before making the payment, the Construction Manager included them in an Application for Payment and received payment from the Owner, or (2) the Owner has deposited funds with the Construction Manager with which to make payments; otherwise, cash discounts shall accrue to the Construction Manager. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Owner, and the Construction Manager shall make provisions so that they can be obtained.
§ 6.9.2 Amounts that accrue to the Owner in accordance with the provisions of Section 6.9.1 shall be credited to the Owner as a deduction from the Cost of the Work.
Appears in 1 contract
Samples: Standard Form of Agreement Between Owner and Construction Manager as Constructor
Discounts, Rebates and Refunds. § 6.9.1 Cash discounts obtained on payments made by the Construction Manager shall accrue to the Owner if (1) accr before making the payment, the Construction Manager included them in an Application for Payment and received payment from the Owner, or (2) the Owner has deposited funds with the Construction Manager with which to make Mana payments; otherwise, cash discounts shall accrue to the Construction Manager. Trade discounts, rebates, refunds and disco amounts received from sales of surplus materials and equipment shall accrue to the Owner, and the Construction Manager shall make provisions so that they can be obtained.
§ 6.9.2 Amounts that accrue to the Owner in accordance with the provisions of Section 6.9.1 shall be credited to the Owner as a deduction from the Cost of the Work.
Appears in 1 contract
Samples: Standard Form of Agreement Between Owner and Construction Manager as Constructor