Overhead and Profit for Construction Phase. For overhead, profit and general expenses of any kind, except as may be expressly included in Article 9, for services provided during and related to the construction phase, the fixed amount of compensation shall be $303,353 (5%) and shall be paid proportionally to the ratio of the cost of the work in place, including stored materials and less retainage (see Article 12.1), as it bears on the latest estimate of the total construction cost or to the GMP or to the Owner’s Construction Budget, whichever is less. The balance shall be paid when construction of the project is finally completed and occupancy of the project accepted by the Owner. If construction is authorized only for a part of the project, or if the Construction Manager is performing work under a Partial GMP, the amount of compensation shall be proportionate to the amount of work authorized by the Owner or included within in the Partial GMP.
Overhead and Profit for Construction Phase. For services provided during and related to the construction phase and general expenses of any kind as may be expressly included in Article 9 of Section 00700, the percent (%) Overhead and Profit shall be based upon the total of the Total of Div. 1-16, Construction Phase Fee and General Conditions as specified in Exhibit B and shall be paid proportionally to the ratio of the cost of the work in place, excluding stored materials and less retainage (see Article 11.2 of this Agreement), as it bears on the latest estimate of the total construction cost or to the GMP or to the Owners Construction Budget, whichever is less. The balance of the fee shall be paid when construction of the project is finally completed and occupancy of the project accepted by the Owner. If construction is authorized only for a part of the project, the fee paid shall be proportionate to the amount of work authorized by the Owner. The Construction Manager's exclusive remedy for any adjustments in the Overhead and Profit for Construction Phase is provided in Article 8.1.3.2 of this Agreement.
1. Costs and expenses included in the overhead and profit for the Construction Phase:
(a) General operating expenses related to this project of the Construction Manager’s principal and branch offices.
(b) The costs of all data processing staff.
(c) General operating expenses incurred in the management and supervision of the project except as expressly included in Article 9.
(d) Those services set forth in Article 2.3.12 of this Agreement (Job Site Requirements).
2. The Construction Manager will not be due any additional Overhead and Profit on increases in the Guaranteed Maximum Price (GMP) that do not exceed $300,000.00. Should the GMP be increased by more than $300,000.00 under the terms of Article 7 of the General Conditions hereinafter due to no fault of the Construction Manager, the Construction Manager’s additional Overhead and Profit for the Construction Phase of that portion of the accumulative increases in the GMP that exceed the GMP by more than $300,000.00 will be the same percent as the Overhead and Profit established in 8.1.3 of this Agreement.
Overhead and Profit for Construction Phase. Except as may be expressly included in Article 26 of the General Conditions, the Construction Manager shall receive, in addition to Article 7.1.01 and 7.1.02, overhead and profit and general expenses. The overhead and profit and general expenses shall be paid proportionally to the ratio of the cost of the Work in place. The overhead and profit and general expenses shall be approved in writing by the Owner as part of the GMP Addendum. Overhead and Profit shall be paid 100% at the time the project reaches final acceptance. The negotiated overhead and profit is inclusive of any contingency work performed.
Overhead and Profit for Construction Phase. For overhead, profit and general expenses of any kind, except as specifically and expressly included in Article 9, for services provided during and related to the Construction Phase, the fee shall be determined in the GMP Amendment and shall be paid proportionally to the ratio of the cost of the Work in place, excluding stored materials and less retainage (see paragraph 12.1), as it bears on the latest estimate of the total construction cost or to the GMP or to the Owner’s Construction Budget, whichever is least. The balance of the fee shall be paid thirty (30) days after construction of the Project is finally completed and occupancy of the Project is accepted by the Owner. If construction is authorized only for a part of the Project, the fee paid shall be proportionate to the amount of Work authorized by the Owner. The Construction Manager’s exclusive remedy for any adjustments in the Overhead and Profit for construction phase fee is provided in paragraph 8.1.2(a).
Overhead and Profit for Construction Phase. For overhead, profit and general expenses of any kind, except as may be expressly included in Article 9, for services provided during and related to the construction phase, the fee shall be ($ Amount) and shall be paid proportionally to the ratio of the cost of the work in place, and less retainage (see Article 12.1), as it bears on the latest estimate of the total construction cost or to the GMP or to the Owner's Construction Budget, whichever is less. The balance of the fee shall be paid when construction of the project is finally completed and occupancy of the project accepted by the Owner. If construction is authorized only for a part of the project, the fee paid shall be proportionate to the amount of work authorized by the Owner. The Construction Manager's exclusive remedy for any adjustments in the Overhead and Profit for construction phase fee is provided in Article 8.1.2(1).
Overhead and Profit for Construction Phase. For overhead, profit and general expenses of any kind, except as may be expressly included in Article 9, for services provided during and related to the Construction Phase, except as may be expressly included in Article 9, the fee shall be TBD and shall be paid monthly proportionally to the Work completed, less retainage as set forth in Article 12.1
Overhead and Profit for Construction Phase. For overhead, profit and general expenses of any kind, except as may be expressly included in Article 9, for services provided during and related to the construction phase, the fee shall be
Overhead and Profit for Construction Phase. Except as may be expressly included in Article 26 of the General Conditions, the Construction Manager shall receive, in addition to Article 7.1.01 and 7.1.02, overhead and profit and 2.
Overhead and Profit for Construction Phase. For overhead, profit and general expenses of any kind,
Overhead and Profit for Construction Phase. For overhead, profit and general expenses of any kind, except as may be expressly included in Article 8 and the applicable Project GMP, for services provided during and related to the construction phase of any Project the applicable Construction Overhead and Profit Fee shall be X% of the GMP and shall be paid for any Project proportionally to approved expenditures for Direct Cost Items under Section 8.2, and less retainage (see Section 11.1), subject to the Project GMP, less the unused Owner’s Contingency. The balance of the Construction Overhead and Profit Fee for a Project shall be paid upon Substantial Completion.
