Common use of Long Lead-Time Items Clause in Contracts

Long Lead-Time Items. The CM/GC shall recommend to the Owner and Design Professional a schedule for procurement of long Iead-time items that will constitute part of the Work as required to meet the Project schedule. If such long Iead-time items are procured by the Owner, they shall be procured on terms and conditions acceptable to the CM/GC. Upon the Owner's acceptance of the CM/GC's Guaranteed Maximum Price proposal, all contracts for such items shall be assigned by the Owner to the CM/GC, who shall accept responsibility for such items as if procured by the CM/GC. The CM/GC shall expedite the delivery of long Iead-time items.

Long Lead-Time Items. The CM/GC shall recommend to the Owner and Design Professional a schedule for procurement of long Iead-time items that will constitute part of the Work as required to meet the Project schedule. Such items may be proposed as a Component Change Order or procured directly by Owner. If such long Iead-time items are procured by the Owner, they shall be procured on terms and conditions acceptable to the CM/GC. Upon the Owner's acceptance of the CM/GC's Guaranteed Maximum Price proposal, all contracts for such items shall be assigned by the Owner to the CM/GC, who shall accept responsibility for such items as if procured by the CM/GC. The CM/GC shall expedite the delivery of long Iead-time items.

Long Lead-Time Items. The CM/GC CMR shall recommend to the Owner Board and Design Professional a schedule for procurement of long Iead-time items that will constitute part of the Work as required to meet the Project schedule. If such long Iead-time items are procured by the OwnerBoard, they shall be procured on terms and conditions acceptable to the CM/GCCMR. Upon the Owner's Board’s acceptance of the CM/GCCMR's Guaranteed Maximum Price proposal, all contracts for such items shall be assigned by the Owner Board to the CM/GCCMR, who shall accept responsibility for such items as if procured by the CM/GCCMR. The CM/GC CMR shall expedite the delivery of long Iead-time items.