GUARANTEED MAXIMUM PRICE; SAVINGS. 7.1.1 The Owner shall pay the CM@Risk for the CM@Risk’s performance of this Agreement and the Work, and the CM@Risk shall accept the Cost of Work plus Fees (Pre-Construction Phase Fee and Construction Phase Fee) as payment in full; provided, however, that the sum of the Cost of Work and the Construction Phase Fee shall not exceed the GMP as originally fixed or as adjusted from time to time as provided in these General Conditions.
Appears in 3 contracts
Samples: www.asu.edu, www.asu.edu, in.nau.edu
GUARANTEED MAXIMUM PRICE; SAVINGS. 7.1.1 The Owner shall pay the CM@Risk for the CM@Risk’s performance of this Agreement and the Work, and the CM@Risk shall accept the Actual Cost of Work (as defined herein) plus Fees (Pre-Pre- Construction Phase Fee and Construction Phase Fee) as payment in full); provided, however, that the sum of the Actual Cost of Work and the Construction Phase Fee shall not exceed the GMP as originally fixed or as adjusted from time to time as provided in these General Conditions.
Appears in 2 contracts
Samples: Northern Arizona University, Risk Agreement
GUARANTEED MAXIMUM PRICE; SAVINGS. 7.1.1 The Owner shall pay the CM@Risk for the CM@Risk’s performance of this Agreement and the Work, and the CM@Risk shall accept the Actual Cost of Work plus Fees (Pre-Construction Phase Fee and Construction Phase Fee) General Conditions as payment in full; provided, however, that the sum of the Actual Cost of Work plus the General Conditions and the Construction Phase Fee shall not exceed the GMP as originally fixed or as adjusted from time to time as provided in these General Conditions.
Appears in 1 contract
Samples: in.nau.edu
