Construction Manager’s Fee definition

Construction Manager’s Fee shall have the meaning given in Section 7.9.1 of this Agreement. “Construction Manager’s Field Work” shall mean customary Work of a minor nature not feasible to Subcontract, arising from: exclusions by a Subcontractor not resolved during Subcontract buy-out, deviations in Work of Subcontractors that are not Defective Work, unaccounted-for complexity of Work coordination, and other similar reasons typical in the industry; provided, however, Construction Manager reasonably determines self-performing such Work is in Owner’s best interests, obtains Owner Partieswritten consent prior to executing such Work, and the cost of such Work is separately identified in Construction Manager’s Applications for Payment.
Construction Manager’s Fee means the amount set forth in the Schedule of Project Details.
Construction Manager’s Fee in accordance with Section 8.2 and established in the Schedule of Project Details. The Construction Manager’s Fee includes the cost of premiums for insurance required to be carried by the Construction Manager under the Contract Documents, as well as the Construction Manager’s profit and all other expenses not included under Sections 2.10.1, 2.10.2 and

Examples of Construction Manager’s Fee in a sentence

  • The Contract Sum is the Cost of the Work as defined in Section 6.1.1 plus the Construction Manager’s Fee.

  • The Contract Sum is the Cost of the Work as defined in Article 7 plus the Construction Manager’s Fee.

  • In such case, the Guaranteed Maximum Price and Contract Time shall be increased as provided in Section 14.3.2 of AIA Document A201–2007, except that the term “profit” shall be understood to mean the Construction Manager’s Fee as described in Sections 5.1 and 5.3.5 of this Agreement.

  • The Guaranteed Maximum Price in the proposal shall be the sum of the Construction Manager’s estimate of the Cost of the Work, the Construction Manager’s contingency described in Section 3.2.4, and the Construction Manager’s Fee described in Section 6.1.2.

  • The costs of legal defenses, judgments, and settlements shall not be included in the Cost of the Work used to calculate the Construction Manager’s Fee or subject to the Guaranteed Maximum Price.

  • The Contract Sum consists of the Construction Manager’s Fee plus the Cost of the Work, as that term is defined in Article 6 of the Agreement.

  • The Work may be suspended by the Owner as provided in Article 14 of AIA Document A201–2017; in such case, the Guaranteed Maximum Price and Contract Time shall be increased as provided in Article 14 of AIA Document A201– 2017, except that the term “profit” shall be understood to mean the Construction Manager’s Fee as described in Sections 6.1 and 6.3.5 of this Agreement.

  • The Work may be suspended by the Owner as provided in Article 14 of AIA Document A201–2017; in such case, the Guaranteed Maximum Price and Contract Time shall be increased as provided in Article 14 of AIA Document A201– 2017, except that the term “profit” shall be understood to mean the Construction Manager’s Fee as described in Sections6.1 and 6.3.5 of this Agreement.

  • The Guaranteed Maximum Price in the proposal shall be the sum of the Construction Manager’s estimate of the Cost of the Work, including contingencies described in Section 2.2.4, and the Construction Manager’s Fee.

  • The Work may be suspended by the Owner as provided in Article 14 of AIA Document A201–2017; in such case, the Guaranteed Maximum Price and Contract Time shall be increased as provided in Article 14 of AIA Document A201–2017, except that the term "profit" shall be understood to mean the Construction Manager’s Fee as described in Sections 6.1 and 6.3.5 of this Agreement.


More Definitions of Construction Manager’s Fee

Construction Manager’s Fee or “CM Fee” has the meaning set forth in Section 6.4 hereof.
Construction Manager’s Fee means a fixed dollar amount that the Owner agrees to pay the Construction Manager for the performance of selected construction management services during the design and construction phase of a project. A change in the Scope of Services as set forth in the Construction Management Contract may constitute a basis for negotiations for revision in the Construction Manager's fee. The CM's fee includes the following items:
Construction Manager’s Fee means any cost that is not directly required to complete the specific contractual scope of Work as defined in Section 5.1.

Related to Construction Manager’s Fee

  • Construction Manager means a competent person responsible for the management of the physical construction processes and the coordination, administration and management of resources on a construction site;

  • Construction-manager-at-risk means a project delivery method in which:

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Construction management contract means a contract in which a party is retained by the owner to

  • 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 Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Construction Services means either of the following for construction-manager-at-risk, design-build and job-order-contracting project delivery methods:

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • City’s Project Manager means the City’s employee, or his/her delegate, who is authorized in writing to deal with the Consultant on behalf of the City in connection with the Services, or to make decisions in connection with this Agreement;

  • construction site means a workplace where construction work is being performed;

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Stormwater management BMP means an excavation or embankment and related areas designed to retain stormwater runoff. A stormwater management BMP may either be normally dry (that is, a detention basin or infiltration system), retain water in a permanent pool (a retention basin), or be planted mainly with wetland vegetation (most constructed stormwater wetlands).

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Construction Consultant means a third-party architect or engineer selected and retained by Funding Lender, at the cost and expense of Borrower, to monitor the progress of construction and/or rehabilitation of the Project and to inspect the Improvements to confirm compliance with this Borrower Loan Agreement.

  • Improvement completion assurance means a surety bond, letter of credit,

  • Project Management Report means each report prepared in accordance with Section 4.02 of this Agreement;

  • Utilization management section means “you or your authorized representative.” Your representative will also receive all notices and benefit determinations.

  • Construction Services Agreement (CSA) means the Construction Services Agreement, together with any duly authorized and executed amendments hereto.

  • Project Manager means the principal employee or agent of the Recipient having administrative authority over the Project designated in Appendix B pursuant to Section VI hereof, or authorized designee as per written notification to the Director.

  • EPC Contractor means the contractor responsible for engineering, procurement and construction of the Facility, including Seller if acting as contractor, and including all subcontractors.

  • Project Management The individuals appointed by each Party cf. clause 4.1 in the Agreement.

  • Construction Zone shall have the meaning set forth in Clause 8.3 (i);

  • Construction industry means the work activity designated in sector group 23 - construction of the North American classification system - United States Office of Management and Budget, 1997 edition.