Common use of Maximum Sum Calculated Clause in Contracts

Maximum Sum Calculated. Where the Change Order Sum is so calculated, the sum of (i) the Contract Sum payable to the Trade Contractor or Trade Supplier plus (ii) the CM/GC's Estimated Costs plus (iii) Construction Contingency plus (iv) CM/GC’s Fee shall be the maximum sum that Owner shall be obligated to pay CM/GC for the performance of the Work encompassed by the Component Change Order.

Appears in 13 contracts

Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement

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Maximum Sum Calculated. Where the Change Order Sum is so calculated, the sum of of (i) the Contract Sum payable to the Trade Contractor or Trade Supplier plus (ii) the CM/GCCMR's Estimated Costs plus (iii) Construction Contingency plus (iv) CM/GCCMR’s Fee shall be the maximum sum that Owner Board shall be obligated to pay CM/GC CMR for the performance of the Work encompassed by the Component Change Order.

Appears in 2 contracts

Samples: Construction Management at Risk Agreement, Construction Management at Risk Agreement

Maximum Sum Calculated. Where the Change Order Sum is so calculated, the sum of (i) the Contract Sum payable to the Trade Contractor or Trade Supplier plus (ii) the CM/GC's Estimated Costs plus (iii) Construction Contingency plus (iv) CM/GC’s GC‟s Fee shall be the maximum sum that Owner shall be obligated to pay CM/GC for the performance of the Work encompassed by the Component Change Order.

Appears in 2 contracts

Samples: Construction Management Agreement, Construction Management Agreement

Maximum Sum Calculated. Where the Change Order Sum is so calculated, the sum of (i) the Contract Sum payable to the Trade Contractor or Trade Supplier plus (ii) the CM/GC's Estimated Costs plus (iii) Construction Contingency plus (iv) CM/GC’s Fee shall be the maximum sum that Owner shall be obligated to pay CM/GC for the performance of the Work encompassed by the Component Change Order.

Appears in 1 contract

Samples: Construction Management Agreement

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Maximum Sum Calculated. Where the Change Order Sum is so calculated, the sum of of (i) the Contract Sum payable to the Trade Contractor or Trade Supplier plus (ii) the CM/GCCMR's Estimated Costs plus (iii) Construction Contingency plus (iv) CM/GCCMR’s Fee shall be the maximum sum that Owner Board shall be obligated to pay CM/GC CMR for the performance of the Work encompassed by the Component Change Construction Order.

Appears in 1 contract

Samples: Construction Management at Risk Agreement

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