Examples of Sub-project in a sentence
Construction Manager guarantees that it shall not exceed a Guaranteed Maximum Price (GMP) of Six Hundred Thousand, Seventy-Four Dollars and Fifty-Three Cents ($600,074.53) for the identified Sub-Project.
The Construction Manager certifies that the wage rates and other factual unit costs supporting the compensation are accurate, complete, and current at the time of execution of each Sub-Project of which this certificate is a part.
The original price and any additions thereto shall be adjusted to exclude any significant sums by which the Owner determines the Sub-Project amount was increased due to inaccurate, incomplete, or non-current wage rates and other factual unit costs and that such original Sub-Project adjustments shall be made within one year following the end of the Agreement.
Upon completion of the 60% design portion of the Phase 1 Services and any other Basis of Design Documents upon which the parties may agree, Design-Builder shall submit a proposal to Owner (the "Phase 2 Price Proposal") for the completion of the design and construction for the Project for the Contract Price, which shall be based on Lump Sum, which shall consist of a Sub-Project Lump Sum for each Sub-Project“.
The Contract Price shall be the aggregate of the four Sub-Project Lump Sum amounts.