Common use of The Management Fee Clause in Contracts

The Management Fee. The Construction Manager agrees that the fee which the Owner must pay the Construction Manager for the following described items shall not exceed the percentage of the Cost of the Work as set forth in Appendix “A”. However, the Owner shall, at Owner’s sole discretion, have the ability to convert this Cost to a fixed sum at the time the Guaranteed Maximum Price Proposal is accepted by the Owner, which conversion shall be documented on Exhibit “M”. Further, the Owner shall have the right to audit the Management Fee. Management Fee shall include the Preconstruction Services Fee and all costs, including overhead and profit, associated with the construction of the project excluding General Conditions which will be itemized and documented in the GMP. The items which are included in this provision are as follows but not limited to: (i) The Construction Manager’s provision of management services for the phase pursuant to Articles 1, 3 and 4, Chapter 2 of Appendix “A”; (ii) Direct costs incurred with the exception of those specifically enumerated compensable as General Conditions Cost, Cost of the Work, cost of self-performed Work, or a Subcontractor or Supplier Cost; (iii) The cost of Construction Manager’s home or branch office employees or consultants not at the Project Site (except as set forth in the GMP Proposal); (iv) Non-field office (home and branch office) operational expenses such as telegrams, telephone service and long-distance and zone telephone charges, postage, office supplies, expressage, and other similar expenses; (v) Data-processing costs indirectly related to the Work, including hardware, software, and CAD costs; (vi) Cost of all non-project specific insurance (i.e. any insurances for which the GMP Proposal does not provide for payment to Construction Manager for insurance); (vii) All general operating expenses; (viii) All capital expenses, including any interest; (ix) Any costs which would cause the Construction Price to exceed the GMP; (x) Intentionally deleted; (xi) Any costs or expenses incurred by the Construction Manager, not included in the General Conditions Cost, or Cost of the Work, incurred by the Construction Manager to provide management services necessary to complete the Project in an expeditious and economical manner consistent with this Contract for Construction Management and the best interests of the Owner;

Appears in 2 contracts

Samples: Construction Management Agreement, Construction Management Agreement

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The Management Fee. The Construction Manager agrees that the fee which the Owner County must pay the Construction Manager for the following described items shall must not exceed the percentage of the Cost of the Work as set forth in Appendix “A”. However, the Owner shallCounty may, at OwnerCounty’s sole discretion, have the ability to convert this Cost to a fixed sum at the time the Guaranteed Maximum Price Proposal is accepted by the OwnerCounty, which conversion shall will be documented on Exhibit “M”. Further, the Owner shall have the right to County may audit the Management Fee. Management Fee shall must include the Preconstruction Services Fee and all costs, including overhead and profit, associated with the construction of the project excluding General Conditions which will be itemized and documented in the GMP. The items which are included in this provision are as follows but not limited to: (i) The Construction Manager’s provision of management services for the phase Project pursuant to Articles 1, 3 and 4, Chapter 2 of Appendix “A”; (ii) Direct costs incurred with the exception of except for those specifically enumerated compensable as General Conditions Cost, Cost of the Work, cost of self-self- performed Work, or a Subcontractor or Supplier Cost; (iii) The cost of Construction Manager’s home or branch office employees or consultants not at the Project Site (except as set forth in the GMP Proposal); (iv) Non-field office (home and branch office) operational expenses such as telegrams, telephone service and long-distance and zone telephone charges, postage, office supplies, expressage, and other similar expenses; (v) Data-processing costs indirectly related to the Work, including hardware, software, and CAD costs; (vi) Cost of all non-project specific insurance (i.e. i.e., any insurances for which the GMP Proposal does not provide for payment to Construction Manager for insurance); (vii) All general operating expenses; (viii) All capital expenses, including any interest; (ix) Any costs which would cause the Construction Price to exceed the GMP; (x) Intentionally deleted; (xi) Any costs or expenses incurred by the Construction Manager, not included in the General Conditions Cost, or Cost of the Work, incurred by the Construction Manager to provide management services necessary to complete the Project in an expeditious and economical manner consistent with this Contract for Construction Management Agreement and the best interests of the OwnerCounty;

Appears in 1 contract

Samples: Construction Management Agreement

The Management Fee. The Construction Manager agrees that the fee which the Owner County must pay the Construction Manager for the following described items shall must not exceed the percentage of the Cost of the Work as set forth in Appendix “A”. However, the Owner shallCounty may, at OwnerCounty’s sole discretion, have the ability to convert this Cost to a fixed sum at the time the Guaranteed Maximum Price Proposal is accepted by the OwnerCounty, which conversion shall will be documented on Exhibit “M”. Further, the Owner shall have the right to County may audit the Management Fee. Management Fee shall must include the Preconstruction Services Fee and all costs, including overhead and profit, associated with the construction of the project excluding General Conditions which will be itemized and documented in the GMP. The items which are included in this provision are as follows but not limited to: (i) The Construction Manager’s provision of management services for the phase pursuant to Articles 1, 3 and 4, Chapter 2 of Appendix “A”; (ii) Direct costs incurred with the exception of those specifically enumerated compensable as General Conditions Cost, Cost of the Work, cost of self-self- performed Work, or a Subcontractor or Supplier Cost; (iii) The cost of Construction Manager’s home or branch office employees or consultants not at the Project Site (except as set forth in the GMP Proposal); (iv) Non-field office (home and branch office) operational expenses such as telegrams, telephone service and long-distance and zone telephone charges, postage, office supplies, expressage, and other similar expenses; (v) Data-processing costs indirectly related to the Work, including hardware, software, and CAD costs; (vi) Cost of all non-project specific insurance (i.e. any insurances for which the GMP Proposal does not provide for payment to Construction Manager for insurance); (vii) All general operating expenses; (viii) All capital expenses, including any interest; (ix) Any costs which would cause the Construction Price to exceed the GMP; (x) Intentionally deleted; (xi) Any costs or expenses incurred by the Construction Manager, not included in the General Conditions Cost, or Cost of the Work, incurred by the Construction Manager to provide management services necessary to complete the Project in an expeditious and economical manner consistent with this Contract for Construction Management Agreement and the best interests of the OwnerCounty;

Appears in 1 contract

Samples: Construction Management Agreement

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The Management Fee. The Construction Manager agrees that the fee which the Owner County must pay the Construction Manager for the following described items shall must not exceed the percentage of the Cost of the Work as set forth in Appendix “A”. However, the Owner shallCounty may, at OwnerCounty’s sole discretion, have the ability to convert this Cost to a fixed sum at the time the Guaranteed Maximum Price Proposal is accepted by the OwnerCounty, which conversion shall will be documented on Exhibit “M”. Further, the Owner shall have the right to County may audit the Management Fee. Management Fee shall must include the Preconstruction Services Fee and all costs, including overhead and profit, associated with the construction of the project excluding General Conditions which will be itemized and documented in the GMP. The items which are included in this provision are as follows but not limited to: (i) The Construction Manager’s provision of management services for the Project or each phase pursuant to Articles 1, 3 and 4, Chapter 2 of Appendix “A”; (ii) Direct costs incurred with the exception of those specifically enumerated compensable as General Conditions Cost, Cost of the Work, cost of self-self- performed Work, or a Subcontractor or Supplier Cost; (iii) The cost of Construction Manager’s home or branch office employees or consultants not at the Project Site (except as set forth in the GMP Proposal); (iv) Non-field office (home and branch office) operational expenses such as telegrams, telephone service and long-distance and zone telephone charges, postage, office supplies, expressage, and other similar expenses; (v) Data-processing costs indirectly related to the Work, including hardware, software, and CAD costs; (vi) Cost of all non-project specific insurance (i.e. any insurances for which the GMP Proposal does not provide for payment to Construction Manager for insurance); (vii) All general operating expenses; (viii) All capital expenses, including any interest; (ix) Any costs which would cause the Construction Price to exceed the GMP; (x) Intentionally deleted; (xi) Any costs or expenses incurred by the Construction Manager, not included in the General Conditions Cost, or Cost of the Work, incurred by the Construction Manager to provide management services necessary to complete the Project in an expeditious and economical manner consistent with this Contract for Construction Management Agreement and the best interests of the OwnerCounty;

Appears in 1 contract

Samples: Construction Management Agreement

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