Common use of Preconstruction Phase Fee Clause in Contracts

Preconstruction Phase Fee. For the performance of the services set forth under Article 2 and for profit and overhead related to these services, the total fee will be established for each specific project and outlined in the written Activation using the established CM Preconstruction Fee percentage provided in EXHIBIT B. The Preconstruction Phase Fee shall be paid in equal monthly payments. The first monthly payment shall become due thirty (30) calendar days following the issuance by the Owner of Notice-To-Proceed and Activation for the Preconstruction Phase Services. The Construction Manager's personnel to be assigned during this phase and their duties and responsibilities to this project and the duration of their assignments shall be established with each specific project and outlined in the GMP proposal.

Preconstruction Phase Fee. For the performance of the services set forth under Article 2 and for profit and overhead related to these services, the total fee will be established for each specific project Project and outlined in the written Activation using the established CM Preconstruction Fee percentage provided in EXHIBIT B. The Preconstruction Phase Fee shall be paid in equal monthly payments. The first monthly payment shall become due thirty (30) calendar days following the issuance by the Owner of Notice-To-Proceed and Activation for the Preconstruction Phase Services. The Construction Manager's personnel to be assigned during this phase and their duties and responsibilities to this project Project and the duration of their assignments shall be established with each specific project Project and outlined in the GMP proposal.