Common use of Limitation on Construction Manager’s Compensation Clause in Contracts

Limitation on Construction Manager’s Compensation. To the extent any provision of this Article 8 requires the calculation of the Construction Managers’ compensation with reference to a percentage of the Cost of the Project, including, without limitation, any fees, overhead, profit or other compensation, the Cost of the Project shall be deemed to exclude the following: performance/payment bond, builder’s risk insurance, liability insurance, subguard, guarantee, owner’s contingency and overhead & profit, such amounts to be excluded prior to the calculation of any percentage based compensation,

Limitation on Construction Manager’s Compensation. To the extent any provision of this Article 8 requires the calculation of the Construction Managers’ compensation with reference to a percentage of the Cost of the Project, including, without limitation, any fees, overhead, profit or other compensation, the Cost of the Project shall be deemed to exclude the following: performance/payment bond, builder’s risk insurance, liability insurance, subguard, guarantee, owner’s contingency and overhead & profit, such amounts to be excluded prior to the calculation of any percentage based compensation,

Limitation on Construction Manager’s Compensation. To the extent any provision of this Article 8 requires the calculation of the Construction Managers’ compensation with reference to a percentage of the Cost of the Project, including, without limitation, any fees, overhead, profit or other compensation, the Cost of the Project shall be deemed to exclude the following: preconstruction services, performance/payment bond, builder’s risk insurance, liability insurance, subguard, guarantee, unused owner’s contingency and overhead & profit, such amounts to be excluded prior to the calculation of any percentage based compensation,.

Limitation on Construction Manager’s Compensation. To the extent any provision of this Article 8 requires the calculation of the Construction Managers’ compensation with reference to a percentage of the Cost of the Project, including, without limitation, any fees, overhead, profit or other compensation, the Cost of the Project shall be deemed to exclude the following: pre-construction services, performance/payment bond, builder’s risk insurance, liability insurance, subguard, guarantee, unused owner’s contingency and overhead & profit, such amounts to be excluded prior to the calculation of any percentage based compensation,