Payment Bond for Preconstruction. If the Preconstruction Fee (Section 4, Part 1) and the Preconstruction Costs and Expenses (Section 4, Part 2) exceed $100,000.00, the CM/GC will furnish a Payment Bond with a penal sum equal to or greater than the total of the Preconstruction Costs and Expenses and the Preconstruction Fee. The bond will be provided prior to beginning providing any preconstruction services.
Appears in 13 contracts
Samples: Construction Management Contract, Construction Management Contract, Construction Management Contract
Payment Bond for Preconstruction. If the Preconstruction Fee (Section 4, Part 1) and the Preconstruction Costs and Expenses (Section 4, Part 2) exceed $100,000.00, the CM/GC CMR will furnish a Payment Bond with a penal sum equal to or greater than the total of the Preconstruction Costs and Expenses and the Preconstruction Fee. The bond will be provided prior to beginning providing any preconstruction services.
Appears in 3 contracts
Samples: Risk Agreement, Risk Agreement, Risk Agreement
Payment Bond for Preconstruction. If the Preconstruction Fee (Section 4, Part 1) and the Preconstruction Costs and Expenses (Section 4, Part 2) exceed $100,000.00, the CM/GC will furnish a Payment Performance Bond with a penal sum equal to or greater than the total of the Preconstruction Costs and Expenses and the Preconstruction Fee. The bond will be provided prior to beginning providing any preconstruction services.
Appears in 1 contract
Samples: Construction Management Agreement
