Project Costs. Project Costs shall mean all costs incurred by the Owner and CM in planning, constructing and equipping the PROJECT, in accordance with the Project Plans and Specifications all of which Project Costs shall be paid by the Owner, all of which Project Costs shall be included within the GMP established by CM and are more specifically described in Exhibit B. (a) The Owner reserves the right to execute Direct Material Purchase(s) for any and all materials provided to the PROJECT.
Appears in 16 contracts
Sources: Construction Management Agreement, Construction Manager Agreement, Construction Management Agreement