Construction Fee definition

Construction Fee means a fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or provide major repairs or rehabilitations on a Property.

Construction Fee means a fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or to provide major repairs or rehabilitation on a Property.

Construction Fee means CM@Risk’s total administrative costs, including home office overhead if any, and profit, whether at CM@Risk’s principal or branch offices.

Examples of Construction Fee in a sentence

• To the extent the combined total of the Direct Construction Costs and the Construction Fee at the conclusion of the Project is less than the GMP, the difference will be retained by AWC.

• The Construction Fee, included within the GMP, will not exceed 5.0% of the total applicable GMP amount, excluding Construction Manager's Contingency.

• All Direct Construction Costs and the Construction Fee will be assumed to be included within each approved GMP, and all costs beyond the GMP, including unforeseen expenses or additional work, must be pre-approved by AWC in a signed Change Order.

• The Guaranteed Maximum Price is composed of the Direct Construction Costs and the Construction Fee.

• Markups for Construction Fee and taxes will be applied by the Construction Manager at the time that AWC's Contingency is used.

More Definitions of Construction Fee

Construction Fee means the portion of Construction Manager’s compensation not related to Direct Construction Costs, as set forth in Subsection 3.4 below.

Construction Fee means a fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or to provide major repairs or rehabilitation for a property held by the Company.

Construction Fee means the XXXX’x administrative costs, home office overhead, and profit, whether at the XXXX’x principal or branch offices.

Construction Fee means a fee or other remuneration to be paid to the Advisor for acting as a general contractor and/or construction manager to construct improvements, supervise and coordinate projects or to provide major repairs or rehabilitation for a Real Estate Asset.

Construction Fee means the CMAR’s administrative costs, home office overhead, and profit, whether at the CMAR’s principal or branch offices.

Construction Fee means the CMARE’s General Administrative & Overhead Fee (administrative costs, home office overhead and additional indirect costs) and Project, whether at the CMARE’s principal or branch offices. The CMARE’s Project Manager, Project Engineer, Superintendent and Safety Officer shall be included as indirect project costs with the appropriate utilization rates. All other indirect labor shall be included in the general administration and overhead portion of the construction fee.

Construction Fee means the Contractor’s home office overhead and profit, whether at the Contractor’s principal or branch offices. This includes the home office costs and any limitations or exclusions that may be included in the General Conditions for the construction phase.