TFC Allowances. Items to be provided for through TFC special cash allowances shall be clearly identified in the Construction Documents and the GMP Proposal. The Cost of Work included in the allowances shall be determined in accordance with the UGC. Any claim by the CMR for an adjustment to an allowance amount included in the Guaranteed Maximum Price based on the cost of allowance work shall be made within a reasonable time after the issuance of the Construction Documents for the allowance items. The CMR shall not be entitled to any increase in its Construction Services Fee for increases to allowance amounts that were initially based on estimates provided by the CMR. TFC shall be entitled to retain 100% of the balance of any unused allowance amount.
Appears in 5 contracts
Samples: Construction Manager, Construction, Agreement
