Common use of UNUSED PORTION OF GUARANTEED MAXIMUM PRICE Clause in Contracts

UNUSED PORTION OF GUARANTEED MAXIMUM PRICE. Upon Final Completion of the Work, any unused portion of the Guaranteed Maximum Price, other than the Construction Manager’s Fee and personnel charges, shall revert back to the Owner through reduction of the Guaranteed Maximum Price by Change Order.

Appears in 5 contracts

Samples: Professional Services, Professional Services Agreement, Professional Services

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UNUSED PORTION OF GUARANTEED MAXIMUM PRICE. Upon Final Completion of the Work, any unused portion of the Guaranteed Maximum Price, other than the Construction Manager’s Fee and personnel charges, shall shallwill revert back to the Owner through reduction of the Guaranteed Maximum Price by Change Order.

Appears in 1 contract

Samples: Construction Management Agreement

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UNUSED PORTION OF GUARANTEED MAXIMUM PRICE. ‌ 7.4.1. Upon Final Completion of the Work, any unused portion of the Guaranteed Maximum Price, other than the Construction Manager’s Fee fee and personnel charges, shall revert back to the Owner through reduction of the Guaranteed Maximum Price by Change Order.

Appears in 1 contract

Samples: Construction Management Agreement

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