Common use of Change Order Markup Allowances Clause in Contracts

Change Order Markup Allowances. For scope of work increases that result in change orders increasing the GMP, Trade Contractors, or the Construction Manager if self-performing, shall be entitled to a ▇▇▇▇-up of no more than [ENTER PERCENTAGE] on the Cost of Work for the change. This ▇▇▇▇-up shall include all overhead, profit, impact, lost productivity due to the change or any other costs relating to the change. The Construction Manager shall be entitled to a marked-up of no more than. [ENTER PERCENTAGE] on the Cost of Work for scope of work increases that result in change orders increasing the GMP. All lump sum Change Orders shall include any ▇▇▇▇-up. These same ▇▇▇▇-up percentages shall be applied to deductive change orders.

Appears in 1 contract

Sources: Construction Management Agreement

Change Order Markup Allowances. For scope of work increases that result in change orders increasing the GMP, Trade Contractors, or the Construction Manager if self-performing, shall be entitled to a ▇▇▇▇-up mark-up of no more than [ENTER PERCENTAGE] on the Cost of Work for the change. This ▇▇▇▇-up mark-up shall include all overhead, profit, impact, lost productivity due to the change or any other costs relating to the change. The Construction Manager shall be entitled to a marked-up of no more than. [ENTER PERCENTAGE] on the Cost of Work for scope of work increases that result in change orders increasing the GMP. All lump sum Change Orders shall include any ▇▇▇▇-upmark-up. These same ▇▇▇▇-up mark-up percentages shall be applied to deductive change orders.

Appears in 1 contract

Sources: Contract for Construction Management Services

Change Order Markup Allowances. For scope of work increases that result in change orders increasing the GMP, Trade Contractors, or the Construction Manager if self-performing, shall be entitled to a ▇▇▇▇-up mark-up of no more than [ENTER PERCENTAGE] on the Cost of Work for the change. This ▇▇▇▇-up mark-up shall include all overhead, profit, impact, lost productivity due to the change or any other costs relating to the change. The Construction Manager shall be entitled to a marked-up of no more than. [ENTER PERCENTAGE] on the Cost of Work for scope of work increases that result in change orders increasing the GMP. All lump sum Change Orders shall include any ▇▇▇▇-upmark-up. These same ▇▇▇▇-up mark- up percentages shall be applied to deductive change orders.

Appears in 1 contract

Sources: Construction Management Services Agreement