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.