Construction Management Fee definition

Construction Management 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 Management 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 Management Fee has the meaning set forth in Section 3.1.

Examples of Construction Management Fee in a sentence

  • Contractor guarantees that, in no event, shall the Construction Management Fee and the total Cost of the Work exceed the GMP, as the GMP may be adjusted pursuant to the terms herein for Change Orders.

  • Costs 5,000.00 2,500.00 2,500.00 Estimated Design Fees: $250,000.00 $187,500.00 $62,500.00 CONSTRUCTION CONSULTANT FEES Fees for Preparing New Easements or Modifications of Existing Easements $15,000.00 15,000.00 0.00 Construction Management Fee 75,000.00 52,500.00 22,500.00 Estimated Construction Consultant Fees: $90,000.00 $67,500.00 $22,500.00 MISC./FINANCE FEES Land Costs (14 AC.

  • The Construction Management Fee and Cost of Work shall be estimated at the time the GMP (hereinafter defined) is initially adopted by the parties.

  • Within sixty (60) days after the Owner’s deems the Construction Documents sufficiently completed by the Design Professional and approved in writing by Owner, Contractor agrees to provide Owner with a GMP proposal for the total sum of the Construction Management Fee plus the Cost of the Work.

  • To the extent the Construction Management Fee and Cost of the Work exceed the GMP, Contractor shall bear such costs in excess of the GMP without reimbursement or additional compensation from Owner.


More Definitions of Construction Management Fee

Construction Management Fee is defined in Section 2.12(c).
Construction Management Fee means a fee in the amount of 1% of the “hard” costs of the Construction Costs.
Construction Management Fee shall have the meaning set forth in Exhibit B.
Construction Management Fee is defined in Section 7.6(b).
Construction Management Fee. The Construction Management Fee shall be increased in the amount of $41,750.00, from $1,060,000.00 to $1,101,750.00. The increase is not a Lump Sum; it represents 5% of the increase to the GMP. If unspent funds (contingency, sales tax savings or allowances) are returned to the Owner at the conclusion of the Project, the Construction Management Fee shall be reduced by 5% of the amount of the unspent funds returned to the Owner. In no case, however, shall the Construction Management Fee be less than the Lump Sum Fee of $1,060,000.00 contained in the Agreement. Schedule: There is no time extension required for this increased Work. The Date of Substantial Completion remains March 11, 2009.
Construction Management Fee is defined in Exhibit C.
Construction Management Fee means a construction management fee of $100.00 in exchange for Developer's design and construction management services provided under this Agreement.