Owner Savings Sample Clauses

Owner Savings. If the sum of the Preconstruction Fee, plus the CM/GC Fee, plus the actual and final Cost of the Work (the Contract Sum as defined in Article 6.1), is less than the GMP, the savings shall accrue to the Owner.
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Owner Savings. If the sum of the Preconstruction Fee, plus the Construction Manager at Risk Fee, plus the Specified General Conditions, plus the actual and final Cost of the Work is less than the GMP, the savings shall accrue to the Owner.
Owner Savings. If the actual and final Cost of the Work plus the Contingency and Bond is less than the Guaranteed Maximum Price For Construction Work, as may be amended, the difference shall accrue to Owner.
Owner Savings. If upon Final Completion of the Project, the sum of the actual costs of Construction Phase Services, plus the CM/GC Fee, plus the actual and final Cost of the Work, is less than the GMP, all savings shall go to the Owner.
Owner Savings. If the sum of the Contractor Fee, plus the actual and final Cost of the Work (the Contract Sum as defined in Article 6.1), is less than the GMP, the savings shall accrue to the Owner.
Owner Savings. Savings will be computed as of the date of Final Completion of the Work and shall consist of the difference between (a) the GMP (as it may be adjusted in accordance with the terms of the Contract for Construction) and (b) the total aggregate sum of the Cost of the Work, plus the Staffing Costs, plus the General Conditions Costs, plus Overhead and Fee paid by Owner (such difference equals the “Savings”) shall be to Owner’s benefit.
Owner Savings. In the event that the sum of the Preconstruction Fee, plus the CM/GC Fee, plus the actual and final Cost of the Work is less than the GMP, the budgetary difference [ remains accured] to Owner. The process for determining final payment is described in Article 13.
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Owner Savings. If the actual and final Cost of the Work plus the Cost of Work Fee and the Contingency is less than the GMP, as may be amended, the difference shall accrue to Owner.
Owner Savings. If the sum of the General Conditions Fee, plus the CM AT RISK Fee, plus the actual and final Cost of the Work (the Contract Sum as defined in Article 6.1, is less than the GMP, the savings shall accrue to the Owner.

Related to Owner Savings

  • Cost Sharing a) With respect to the funding in C6.1a), should there be an amount of employee co-pay, the Trust shall advise boards what that amount shall be. Unless advised otherwise, there will be no deductions upon the Participation Date.

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