Common use of Duties with Respect to New Construction, Tenant Improvements, and Redevelopments Clause in Contracts

Duties with Respect to New Construction, Tenant Improvements, and Redevelopments. Manager will perform the following duties for construction of Improvements on undeveloped land (“New Construction”) and for construction of Improvements that are to be made at the direction of, or in conformity with Lease obligations to, tenants (“Tenant Improvements”) or for the improvement to Improvements that change the size or nature of such Improvements or for the redevelopment of Improvements (collectively, “Redevelopments”): (1) Provide updated and detailed project budgets to the Owner. (2) Arrange for, coordinate, supervise and advise the Owner with respect to the selection of architects, contractors, design firms and consultants, and the execution of design, construction and consulting contracts. (3) Review design documents, and drafts thereof, submitted by the architect or other consultants, and notify Owner in writing of any mistakes, errors or omissions that the Manager observes in the documents and any recommendations it may have with respect to such mistakes, errors or omissions. (4) Evaluate and make recommendations to the Owner concerning cost estimates prepared by others. (5) Review and evaluate proposed schedules for construction. (6) Procure subcontractors through a minimum of three quotes for any jobs estimated to involve in excess of $50,000. (7) Coordinate the work of subcontractors. (8) Monitor the progress of construction. (9) Endeavor to identify any deficiencies in the work performed by subcontractors. (10) Provide Owner with monthly written status reports. (11) Advise the Owner with respect to alterations and modifications in any design documents submitted by the architect or other consultants that may be in the Owner’s interest, including obtaining advantages in terms of cost savings, scheduling, leasing, operation and maintenance issues and other matters affecting the overall benefit of the project. (12) Review and advise Owner on change order proposals and requests for additional services submitted to the Owner. (13) Schedule, coordinate, and attend necessary or appropriate project meetings. (14) Monitor and coordinate punch list preparation and resolution by the subcontractors. (15) Make recommendations to Owner concerning, and monitor, the use of the site by subcontractors, particularly as it relates to staging and storage, ingress and egress, temporary signage, fencing, barricades, restrictions on hours of operation, safety considerations and similar considerations.

Appears in 3 contracts

Samples: Property Management & Real Estate (Wells Real Estate Investment Trust Inc), Master Property Management, Leasing and Construction Management Agreement (Wells Real Estate Investment Trust Inc), Master Property Management, Leasing and Construction Management Agreement (Wells Real Estate Investment Trust Ii Inc)

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Duties with Respect to New Construction, Tenant Improvements, and Redevelopments. Manager will perform the following duties for construction of Improvements on undeveloped land (“New Construction”) and for construction of Improvements that are to be made at the direction of, or in conformity with Lease obligations to, tenants (“Tenant Improvements”) or for the improvement to Improvements that change the size or nature of such Improvements or for the redevelopment of Improvements (collectively, “Redevelopments”): (1) Provide updated and detailed project budgets to the Owner. (2) Arrange for, coordinate, supervise and advise the Owner with respect to the selection of architects, contractors, design firms and consultants, and the execution of design, construction and consulting contracts. (3) Review design documents, and drafts thereof, submitted by the architect or other consultants, and notify Owner in writing of any mistakes, errors or omissions that the Manager observes in the documents and any recommendations it may have with respect to such mistakes, errors or omissions. (4) Evaluate and make recommendations to the Owner concerning cost estimates prepared by others. (5) Review and evaluate proposed schedules for construction. (6) Procure subcontractors through a minimum of three quotes for any jobs estimated to involve in excess of $50,000. (7) Coordinate the work of subcontractors. (8) Monitor the progress of construction. (9) Endeavor to identify any deficiencies in the work performed by subcontractors. (10) Provide Owner with monthly written status reports. (11) Advise the Owner with respect to alterations and modifications in any design documents submitted by the architect or other consultants that may be in the Owner’s 's interest, including obtaining advantages in terms of cost savings, scheduling, leasing, operation and maintenance issues and other matters affecting the overall benefit of the project. (12) Review and advise Owner on change order proposals and requests for additional services submitted to the Owner. (13) Schedule, coordinate, and attend necessary or appropriate project meetings. (14) Monitor and coordinate punch list preparation and resolution by the subcontractors. (15) Make recommendations to Owner concerning, and monitor, the use of the site by subcontractors, particularly as it relates to staging and storage, ingress and egress, temporary signage, fencing, barricades, restrictions on hours of operation, safety considerations and similar considerations. (16) Coordinate, monitor, supervise and advise the Owner with respect to preparation, execution, completion and filing of project-related documents, including, but not limited to, contracts, permit applications, licenses, certifications, zoning requirements, land use restrictions, governmental filings applicable to the Project and any other similar documents. (17) Review and advise the Owner with respect to draw requests submitted on the project. (18) Upon completion of construction, walk the completed New Construction, Tenant Improvements, or Redevelopments with the Owner to ensure that everything has been completed in accordance with the specifications. Manager shall cause the subcontractors to repair or replace any items that are determined to be deficient during this walk. (19) As instructed by the Owner, perform additional related project management functions. (20) Collect warranties and operation manuals, certificates, guarantees, as-builts and any similar documentation for the benefit of the Owner.

Appears in 1 contract

Samples: Master Property Management, Leasing and Construction Management Agreement (Wells Real Estate Investment Trust Ii Inc)

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Duties with Respect to New Construction, Tenant Improvements, and Redevelopments. Manager will perform the following duties for construction of Improvements on undeveloped land (“New Construction”) and for construction of Improvements that are to be made at the direction of, or in conformity with Lease obligations to, tenants (“Tenant Improvements”) or for the improvement to Improvements that change the size or nature of such Improvements or for the redevelopment of Improvements (collectively, “Redevelopments”): (1) Provide updated and detailed project budgets to the Owner. (2) Arrange for, coordinate, supervise and advise the Owner with respect to the selection of architects, contractors, design firms and consultants, and the execution of design, construction and consulting contracts. (3) Review design documents, and drafts thereof, submitted by the architect or other consultants, and notify Owner in writing of any mistakes, errors or omissions that the Manager observes in the documents and any recommendations it may have with respect to such mistakes, errors or omissions. (4) Evaluate and make recommendations to the Owner concerning cost estimates prepared by others. (5) Review and evaluate proposed schedules for construction. (6) Procure subcontractors through a minimum of three quotes for any jobs estimated to involve in excess of $50,000. (7) Coordinate the work of subcontractors. (8) Monitor the progress of construction. (9) Endeavor to identify any deficiencies in the work performed by subcontractors. (10) Provide Owner with monthly written status reports. (11) Advise the Owner with respect to alterations and modifications in any design documents submitted by the architect or other consultants that may be in the Owner’s interest, including obtaining advantages in terms of cost savings, scheduling, leasing, operation and maintenance issues and other matters affecting the overall benefit of the project. (12) Review and advise Owner on change order proposals and requests for additional services submitted to the Owner. (13) Schedule, coordinate, and attend necessary or appropriate project meetings. (14) Monitor and coordinate punch list preparation and resolution by the subcontractors. (15) Make recommendations to Owner concerning, and monitor, the use of the site by subcontractors, particularly as it relates to staging and storage, ingress and egress, temporary signage, fencing, barricades, restrictions on hours of operation, safety considerations and similar considerations. (16) Coordinate, monitor, supervise and advise the Owner with respect to preparation, execution, completion and filing of project-related documents, including, but not limited to, contracts, permit applications, licenses, certifications, zoning requirements, land use restrictions, governmental filings applicable to the Project and any other similar documents. (17) Review and advise the Owner with respect to draw requests submitted on the project. (18) Upon completion of construction, walk the completed New Construction, Tenant Improvements, or Redevelopments with the Owner to ensure that everything has been completed in accordance with the specifications. Manager shall cause the subcontractors to repair or replace any items that are determined to be deficient during this walk. (19) As instructed by the Owner, perform additional related project management functions. (20) Collect warranties and operation manuals, certificates, guarantees, as-builts and any similar documentation for the benefit of the Owner.

Appears in 1 contract

Samples: Master Property Management, Leasing and Construction Management Agreement (Wells Core Office Income Reit Inc)

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