Common use of OWNER’S ALLOWANCES Clause in Contracts

OWNER’S ALLOWANCES. 21.3.3.1 The Design-Builder has included in the GMP Contract Sum all Owner’s Allowances stated in the Contract Documents. Items covered by allowances will be supplied for such amounts and by such persons or entities as the Owner may direct, but the Design-Builder will not be required to employ persons or entities against which the Design-Builder makes reasonable objection. 21.3.3.2 Unless otherwise provided in the Contract Documents: 21.3.3.2.1 Owner’s Allowances will cover the cost to the Design-Builder of materials and equipment delivered at the site and all required taxes, less applicable trade discounts. 21.3.3.2.2 The Design-Builder’s xxxx-up costs are included in the Owner’s Allowance amount for authorized work and are not included in the Design-Builder’s Fee. 21.3.3.2.3 Whenever costs are more than or less than the Owner’s Allowance, the GMP Contract Sum will be adjusted accordingly by Change Order. 21.3.3.3 The maximum percentage for total overhead and profit and any other expense items covered by the Owner’s Allowance will be as follows: 21.3.3.3.1 For the Design-Builder, 10% and the agreed upon Design-Builder’s Fee of any items covered by the Owner’s Allowance performed by the Design- Builder’s own forces; 21.3.3.3.2 For the subcontractor, 15% of any items covered by the Owner’s Allowance performed by the subcontractor, plus the agreed upon Design- Builder’s Fee for the Design-Builder; and/or 21.3.3.3.3 Per the Work Order negotiations.

OWNER’S ALLOWANCES. 21.3.3.1 The Design-Builder Contractor has included in the GMP Contract Sum all Owner’s Allowances stated in the Contract Documents. Items covered by allowances will be supplied for such amounts and by such persons or entities as the Owner may direct, but the Design-Builder Contractor will not be required to employ persons or entities against which the Design-Builder Contractor makes reasonable objection. 21.3.3.2 Unless otherwise provided in the Contract Documents: 21.3.3.2.1 Owner’s Allowances will cover the cost to the Design-Builder Contractor of materials and equipment delivered at the site and all required taxes, less applicable trade discounts. 21.3.3.2.2 The Design-BuilderContractor’s xxxx-up costs are included in the Owner’s Allowance amount for authorized work and are not included in the Design-BuilderContractor’s Fee. 21.3.3.2.3 Whenever costs are more than or less than the Owner’s Allowance, the GMP Contract Sum will be adjusted accordingly by Change Order. 21.3.3.3 The maximum percentage for total overhead and profit and any other expense items covered by the Owner’s Allowance Allowance, not including the Owner’s allowance for Electrical Installation, will be as follows: 21.3.3.3.1 For the Design-BuilderContractor, 1030% and the agreed upon Design-Builder’s Fee of any items covered by the Owner’s Allowance performed by the Design- Builder’s own forcesAllowance; 21.3.3.3.2 For the subcontractor, 15% of any items covered by the Owner’s Allowance performed by the subcontractor, plus the agreed upon Design- BuilderContractor’s Fee for the Design-BuilderContractor; and/or and/or 21.3.3.3.3 Per the Work Order negotiations. 21.3.3.4 The maximum percentage for total overhead and profit and any other expense items covered by the Owner’s Allowance for Electrical Installation, will be as follows: 21.3.3.4.1 For the Contractor, 5.63% of any items covered by the Owner’s Allowance; 21.3.3.4.2 For the subcontractor, 20% of any items covered by the Owner’s Allowance performed by the subcontractor, plus the agreed upon Contractor’s Fee for the Contractor; and/or 21.3.3.4.3 Per the Work Order negotiations.