Common use of TFC Controlled Contingency Clause in Contracts

TFC Controlled Contingency. The TFC Controlled Contingency of Two Million Eight Hundred Thousand Six Hundred Seven and No/100 Dollars ($2,800,607.00), which sum shall be maintained through construction, and, shall be included in the Contract Sum and the GMPs , but CMR shall not use such funds unless and until TFC elects to use, apply, or otherwise credit such funds to pay for a change in the Work as a Cost of Work that is not the responsibility of CMR, or due to the fault or negligence of CMR, and which change has been Approved by Owner by Change Order or directed by Owner in a Unilateral Change Order. The TFC Controlled Contingency is part of the Total Project GMP.

Appears in 2 contracts

Samples: Construction Manager at Risk Contract, Construction Manager at Risk Contract

AutoNDA by SimpleDocs

TFC Controlled Contingency. The TFC Controlled Contingency of Two Four Million Eight Five Hundred Nine Thousand Six One Hundred Seven Ten and No/100 82/100 Dollars ($2,800,607.004,509,110.00), which sum shall be maintained through construction, and, shall be included in the Contract Sum and the GMPs , but CMR shall not use such funds unless and until TFC elects to use, apply, or otherwise credit such funds to pay for a change in the Work as a Cost of Work that is not the responsibility of CMR, or due to the fault or negligence of CMR, and which change has been Approved by Owner by Change Order or directed by Owner in a Unilateral Change Order. The TFC Controlled Contingency is part of the Total Project GMP.

Appears in 1 contract

Samples: Construction Manager at Risk Contract

TFC Controlled Contingency. The TFC Controlled Contingency of Five Million Thirty-Two Million Eight Thousand Two Hundred Thousand Six Hundred Seven Sixty-Four and No/100 Dollars ($2,800,607.005,032,264.00), which sum shall be maintained through construction, and, shall be included in the Contract Sum and the GMPs , but CMR shall not use such funds unless and until TFC elects to use, apply, or otherwise credit such funds to pay for a change in the Work as a Cost of Work that is not the responsibility of CMR, or due to the fault or negligence of CMR, and which change has been Approved by Owner by Change Order or directed by Owner in a Unilateral Change Order. The TFC Controlled Contingency is part of the Total Project GMP.

Appears in 1 contract

Samples: Construction Manager at Risk Contract

TFC Controlled Contingency. The TFC Controlled Contingency of Two One Million Eight Hundred Thousand Six Hundred Seven Ninety-Six Thousand Three Hundred Eighty and No/100 Dollars ($2,800,607.001,696,380.00), which sum shall be maintained through construction, and, shall be included in the Contract Sum and the GMPs , but CMR shall not use such funds unless and until TFC elects to use, apply, or otherwise credit such funds to pay for a change in the Work as a Cost of Work that is not the responsibility of CMR, or due to the fault or negligence of CMR, and which change has been Approved by Owner by Change Order or directed by Owner in a Unilateral Change Order. The TFC Controlled Contingency is part of the Total Project GMP.

Appears in 1 contract

Samples: Construction Manager at Risk Contract

TFC Controlled Contingency. The TFC Controlled Contingency of Two Million Eight Three Hundred Eighty-Four Thousand Six Hundred Seven Forty-Five and No/100 Dollars ($2,800,607.002,384,045.00), which sum shall be maintained through construction, and, shall be included in the Contract Sum and the GMPs GMPs, but CMR shall not use such funds unless and until TFC elects to use, apply, or otherwise credit such funds to pay for a change in the Work as a Cost of Work that is not the responsibility of CMR, or due to the fault or negligence of CMR, and which change has been Approved by Owner by Change Order or directed by Owner in a Unilateral Change Order. The TFC Controlled Contingency is part of the Total Project GMP.

Appears in 1 contract

Samples: Construction Manager at Risk Contract

TFC Controlled Contingency. The TFC Controlled Contingency of Six Million Two Million Eight Hundred Nine Thousand Six Four Hundred Seven Eighty-Five and No/100 Dollars ($2,800,607.006,209,485.00), which sum shall be maintained through construction, and, shall be included in the Contract Sum and the GMPs , but CMR shall not use such funds unless and until TFC elects to use, apply, or otherwise credit such funds to pay for a change in the Work as a Cost of Work that is not the responsibility of CMR, or due to the fault or negligence of CMR, and which change has been Approved by Owner by Change Order or directed by Owner in a Unilateral Change Order. The TFC Controlled Contingency is part of the Total Project GMP.

Appears in 1 contract

Samples: Construction Manager at Risk Contract

AutoNDA by SimpleDocs

TFC Controlled Contingency. The TFC Controlled Contingency of Two Five Million Eight Hundred Thousand Six Hundred Seven and No/100 Dollars ($2,800,607.005,000,000.00), which sum shall be maintained through construction, and, shall be included in the Contract Sum and the GMPs , but CMR shall not use such funds unless and until TFC elects to use, apply, or otherwise credit such funds to pay for a change in the Work as a Cost of Work that is not the responsibility of CMR, or due to the fault or negligence of CMR, and which change has been Approved by Owner by Change Order or directed by Owner in a Unilateral Change Order. The TFC Controlled Contingency is part of the Total Project GMP.

Appears in 1 contract

Samples: Construction Manager at Risk Contract

TFC Controlled Contingency. The TFC Controlled Contingency of Two Five Million Eight One Hundred Ninety Nine Thousand Six Nine Hundred Seven and No/100 Dollars ($2,800,607.005,199,900.00), which sum shall be maintained through construction, and, shall be included in the Contract Sum and the GMPs , but CMR shall not use such funds unless and until TFC elects to use, apply, or otherwise credit such funds to pay for a change in the Work as a Cost of Work that is not the responsibility of CMR, or due to the fault or negligence of CMR, and which change has been Approved by Owner by Change Order or directed by Owner in a Unilateral Change Order. The TFC Controlled Contingency is part of the Total Project GMP.

Appears in 1 contract

Samples: Construction Manager at Risk Contract

TFC Controlled Contingency. The TFC Controlled Contingency of Six Million Four Hundred Seventy-Two Million Eight Thousand Seven Hundred Thousand Thirty-Six Hundred Seven and No/100 48/100 Dollars ($2,800,607.006,472,736.48), which sum shall be maintained through construction, and, shall be included in the Contract Sum and the GMPs , but CMR shall not use such funds unless and until TFC elects to use, apply, or otherwise credit such funds to pay for a change in the Work as a Cost of Work that is not the responsibility of CMR, or due to the fault or negligence of CMR, and which change has been Approved by Owner by Change Order or directed by Owner in a Unilateral Change Order. The TFC Controlled Contingency is part of the Total Project GMP.

Appears in 1 contract

Samples: Construction Manager at Risk Contract

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