Reconciled definition

Reconciled means that the CM/GC and Architect have verified that their assumptions about the various categories are the same, and that they have identified the reason for differences in the GMP Change Request and the Architect's position. CM/GC shall submit the Reconciled GMP Change Request to Owner, which submission shall be a condition to any CM/GC claim for a GMP increase.

Reconciled means that the Construction Manager at Risk and Design Professional have verified that their assumptions about the various categories are the same, and that identifies the reason for differences in the GMP Change Request and the Design Professional's position. Construction Manager at Risk shall submit the Reconciled GMP Change Request to Owner, which submission shall be a condition to any Construction Manager at Risk claim for a GMP increase.

Reconciled means that Contractor and the Architect have verified that their assumptions about the various categories are the same, and that they have identified the reason for differences in the GMP Change Request and the Architect’s position. Contractor shall submit the Reconciled GMP Change Request to Owner, which submission shall be a condition to any Contractor claim for a GMP increase.

Examples of Reconciled in a sentence

• Reconciled Construction Cost Estimates shall be prepared at the conclusion of the Schematic Design Phase, at the conclusion of the Design Development Phase, when Construction Documents are approximately 50% complete and prior to the submission of the Guaranteed Maximum Price Proposal.

• At appropriate intervals prior to agreement on the GMP change order, the Design Professional shall review the Construction Cost Estimate provided by the CM/GC and with the CM/GC develop the Reconciled Construction Cost Estimate, consisting of a composite of the Design Professional's Estimate of Probable Construction Cost and the CM/GC's Construction Cost Estimate, each separately derived and each based upon the Program and design documents prepared by the Design Professional.

• Reconciled Misreporting: The AIP will shift the acreage in lines 2 & 3and apply a LAF to under-reported lines 5 & 6.

• Leave the Reconciled to Statement column blank on the log until the transaction appears.

• Enter the statement date in the Reconciled to Statement column of the log.

More Definitions of Reconciled

Reconciled in respect of the Charges referred to herein, means to settle an indicative charge against the actual charge;

Reconciled means the section text is retained but the text has been reconciled with the same or similar sections from other plan areas. This differs from text that has been retained as is without changes.

Reconciled means that the Construction Manager at Risk and Design Professional have verified that their assumptions about the various categories are the same, and that identifies the reason for differences in the GMP Change Request and the Design Professional's position. Construction Manager at Risk shall submit the Reconciled GMP Change Request to Owner, which submission shall be a condition to any Construction Manager at Risk claim for a GMP increase. If the Reconciled GMP Change Request is not acceptable to Owner, Construction Manager at Risk agrees to work with the Owner and the Design Professional to provide a GMP Change Request that is acceptable to Owner. Construction Manager at Risk agrees to make all records, calculations, drawings and similar items relating to GMP Change Request available to Owner and to allow Design Professional and Owner access and opportunity to view such documents at CONSTRUCTION MANAGER AT RISK's offices. Upon Owner's reasonable notice, CONSTRUCTION MANAGER AT RISK shall deliver two copies of such documents to Owner and Design Professional at any regular meeting or at the Site.

Reconciled means it has cleared UH bank

Reconciled means, in respect of any Claim, a Claim which has been “settled” or “resolved” (as such terms are defined in Clause 6.22);

Reconciled means that the CM/GC, City and Engineer have verified that their assumptions about the various categories are the same, and that they have identified the reason for differences in the request and the City and/or Engineer's position. CM/GC shall submit the reconciled request to City, which submission shall be a condition to any CM/GC claim for a GMP increase.

Reconciled shall have a similar meaning;