Work Package Authorizations. TFC may identify various portions of the Work that may be ready for construction before it is appropriate to arrive at an overall Guaranteed Maximum Price for the entire Project (a “Work Package”). If TFC elects to proceed with any Work Packages before the parties arrive at an overall Guaranteed Maximum Price, the CMR shall develop Work Package Authorizations for each Work Package identified by TFC as follows: CMR shall prepare a proposal for any particular portion of the Work identified by TFC as a candidate for a Work Package by preparing a proposed Work Package Authorization. Each proposed Work Package Authorization will include, for the particular Work Package or phase of Work, the information and supporting details set forth for the GMP Proposal set forth in Section 5.2 below. When the proposal for any portion of the Work is agreed upon by TFC and CMR, TFC and CMR shall execute the Work Package Authorization that describes the specific scope of the Work to be performed and details regarding that Work. Each approved Work Package Authorization will be identified in the GMP Proposal with an explanation of its scope, approved amount included within the GMP, and completion status. Prior to TFC's execution of the Guaranteed Maximum Price Amendment, CMR shall not incur any cost to be reimbursed as part of the Cost of the Work for Construction Services, except as TFC may specifically authorize in an executed Work Package Authorization as required herein. The Work Package Authorization template is attached as “Exhibit I”.
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Samples: Construction Manager at Risk Agreement, Construction Manager at Risk Agreement, Construction Manager at Risk Agreement
Work Package Authorizations. PMP may recommend and TFC may identify various portions of the Work that may be ready for construction before it is appropriate other portions, to arrive at an overall Guaranteed Maximum Price for the entire Project (a “Work Package”). If TFC elects to proceed with any Work Packages before the parties arrive at an overall Guaranteed Maximum Price, the CMR shall develop Work Package Authorizations for each Work Package identified by TFC as follows: CMR shall prepare a proposal for any particular portion of the Work identified by PMP and TFC as a candidate for a Work Package by preparing a proposed Work Package Authorization. Each proposed Work Package Authorization will include, for the particular Work Package or phase of Work, the information and supporting details set forth for the GMP Proposal set forth in Section 5.2 below. When the proposal for any portion of the Work is agreed upon by PMP, TFC and CMR, then PMP, TFC and CMR shall execute the Work Package Authorization that describes the specific scope of the Work to be performed and details regarding that Work. Each approved Work Package Authorization will be identified in the GMP Proposal with an explanation of its scope, approved amount included within the GMP, and completion status. Prior to TFC's execution of the Guaranteed Maximum Price Amendment, CMR shall not incur any cost to be reimbursed as part of the Cost of the Work for Construction Services, except as TFC may specifically authorize in an executed Work Package Authorization as required herein. The Work Package Authorization template is attached as “Exhibit I”.
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Work Package Authorizations. TFC may identify various portions of the Work that may be ready for construction before it is appropriate to arrive at an overall Guaranteed Maximum Price for the entire Project (a “Work Package”). If TFC elects to proceed with any Work Packages before the parties arrive at an overall Guaranteed Maximum Price, the CMR DB shall develop Work Package Authorizations for each Work Package identified by TFC as follows: CMR DB shall prepare a proposal for any particular portion of the Work identified by TFC as a candidate for a Work Package by preparing a proposed Work Package Authorization. Each proposed Work Package Authorization will include, for the particular Work Package or phase of Work, the information and supporting details set forth for the GMP DB’s Proposal set forth in Section 5.2 below. When the proposal for any portion of the Work is agreed upon by TFC and CMRDB, TFC and CMR DB shall execute the Work Package Authorization that describes the specific scope of the Work to be performed and details regarding that Work. Each approved Work Package Authorization will be identified in the GMP DB’s Proposal with an explanation of its scope, approved amount included within the GMP, and completion status. Prior to TFC's execution of the Guaranteed Maximum Price Design-Build Amendment, CMR DB shall not incur any cost to be reimbursed as part of the Cost of the Work for Construction Services, except as TFC may specifically authorize in an executed Work Package Authorization as required herein. The Work Package Authorization template is attached as “Exhibit I”.
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Samples: Design Build Agreement