Common use of Payment to the Construction Manager Clause in Contracts

Payment to the Construction Manager. (Part 8 of Agreement) a) Construction Manager’s Fee Construction Services - The Construction Manager’s Fee for up to the Fixed Limit of Construction Cost as well as 10% of the Construction Subtotal in changes is a lump sum fee of (i) Amounts paid to Trade Contractors including all overtime, and (ii) Construction Manager’s General Conditions Costs Notwithstanding anything in the Contract Documents to the contrary, the Construction Manager shall recover no fee on allowable changes funded from the Construction Manager’s Contingency. Any additional fee for allowable changes shall be calculated at Substantial Completion, not with each individual change, and shall be billed when the final invoice is submitted. Samples of the Invoice and Acknowledgment of Payment forms are provided by Owner in accordance with Section 1.3.3 of the Standard General Conditions.

Appears in 6 contracts

Samples: Professional Construction Management Services Agreement, Professional Construction Management Services Agreement, Professional Construction Management Services

AutoNDA by SimpleDocs

Payment to the Construction Manager. (Part 8 of Agreement) a) Construction Manager’s Fee Construction Services - The Construction Manager’s Fee for up to the Fixed Limit of Construction Cost as well as 10% of the Construction Subtotal in changes is a lump sum fee of (i) Amounts paid to Trade Contractors including all overtime, and (ii) Construction Manager’s General Conditions Costs Notwithstanding anything in the Contract Documents to the contrary, the Construction Manager shall recover no fee on allowable changes funded from the Construction Manager’s Contingency. Any additional fee for allowable changes shall be calculated at Substantial Completion, not with each individual change, and shall be billed when the final invoice is submitted. Samples of the Invoice and A sample invoice is included in Exhibit B. The Partial (Full) Acknowledgment of Payment forms are provided by Owner in accordance with Section 1.3.3 of the Standard General Conditions.is included as Exhibit C.

Appears in 3 contracts

Samples: Professional Services, Professional Services, Construction Management Services Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!