Change Order – Decrease in Subcontracts Cost Sample Clauses

Change Order – Decrease in Subcontracts Cost. If the Subcontracts Cost is decreased by change order, payment due from the Owner to the Construction Manager shall be reduced by the amount the Construction Manager is no longer obligated to pay subcontractors or suppliers for performance of the Work. If the Management Fee is being paid by the Owner to the Construction Manager on a “Fixed Percentage of Aggregate Subcontracts” basis, the Management Fee shall be decreased according to the percentage set forth in Section 8.3; if the Construction Manager is being paid on a lump sum fixed fee basis, the Construction Manager’s Fee shall not be reduced.