Common use of Owner Rights Clause in Contracts

Owner Rights. The Owner reserves the right in its sole and absolute discretion to require CM/GC to reject any Trade Supplier or Trade Contractor and any proposal. If after the acceptance of the GMP Change Order by the Owner, the Owner exercises its right to require CM/GC to reject a Trade Contractor, a Trade Supplier, or the lowest price proposal submitted by a responsible proposer, the acceptance of which CM/GC recommends, CM/GC shall recommend an acceptable substitute Trade Contractor, Trade Supplier, or proposer, and if the substitute Trade Contractor, Trade Supplier or proposer has submitted a higher proposal or price, the GMP Change Order and its Estimated Cost Component shall be adjusted to reflect the difference between the amount of the rejected proposal or price and the higher accepted proposal or price.

Owner Rights. The Owner reserves the right in its sole and absolute discretion to require CM/GC to reject any Trade Supplier or Trade Contractor and any proposal. If after the acceptance of the GMP Change Order by the Owner, the Owner exercises its right to require CM/GC to reject a Trade Contractor, a Trade Supplier, or the lowest price proposal submitted by a responsible proposer, the acceptance of which CM/GC recommends, CM/GC shall recommend an acceptable substitute Trade Contractor, Trade Supplier, or proposer, and if the substitute Trade Contractor, Trade Supplier or proposer has submitted a higher proposal or price, the GMP Change Order and its Estimated Cost Component shall be adjusted to reflect the difference between the amount of the rejected proposal or price and the higher accepted proposal or price.

Owner Rights. The Owner reserves the right in its sole and absolute discretion to require CM/GC to reject any Trade Supplier or Trade Contractor and any proposal. If after the acceptance of the GMP Change Order by the Owner, the Owner exercises its right to require CM/GC to reject a Trade Contractor, a Trade Supplier, or the lowest price proposal submitted by a responsible proposer, the acceptance of which CM/GC recommends, CM/GC shall recommend an acceptable substitute Trade Contractor, Trade Supplier, or proposer, and if the substitute Trade Contractor, Trade Supplier or proposer has submitted a higher proposal or price, the GMP Change Order and its Estimated Cost Component shall be adjusted to reflect the difference between the amount of the rejected proposal or price and the higher accepted proposal or price.

Owner Rights. The Owner reserves the right in its sole and absolute discretion to require CM/GC the Construction Manager to reject any Trade Supplier or Trade Contractor and any proposal. If after the acceptance of the GMP Change Order by the Owner, the Owner exercises its right to require CM/GC the Construction Manager to reject a Trade Contractor, a Trade Supplier, or the lowest price proposal submitted by a responsible proposerbidder, the acceptance of which CM/GC Construction Manager recommends, CM/GC Construction Manager shall recommend an acceptable substitute Trade Contractor, Trade Supplier, Supplier or proposerbidder, and if the substitute Trade Contractor, Trade Supplier or proposer bidder has submitted a higher proposal or price, the GMP Change Order and its Estimated Cost Component shall be adjusted to reflect the difference between the amount of the rejected proposal or price and the higher accepted proposal or price.