Common use of Change Order Pricing Clause in Contracts

Change Order Pricing. CMR may include the CMR Fee on all CMR Change Order work negotiated during the Construction Phase. The CMR Fee shall supplant the references to overhead and profit imposed by UGC Section 11.8.1. Except as otherwise provided in the Special Conditions, if any, the Subcontractor overhead and profit xxxx-up limitations imposed by UGC Section 11.8.1 are unaffected by this paragraph and are not changed. If TFC agrees to a change in the GMP during the Construction Phase that results from a change in the scope of the Project, the Construction Phase Fee shall be equitably adjusted by applying the percentage established in this Section to the amount of the change in the GMP. The Construction Phase Fee will not be adjusted for changes to the Project that do not change the GMP.

Appears in 4 contracts

Samples: Construction Manager, Construction, Agreement

AutoNDA by SimpleDocs

Change Order Pricing. CMR may include the CMR Fee on all CMR Change Order work negotiated during the Construction Phase. The CMR Fee shall supplant the references to overhead and profit imposed by UGC Section 11.8.1. Except as otherwise provided in the Special Conditions, if any, the Subcontractor overhead and profit xxxxmark-up limitations imposed by UGC Section 11.8.1 are unaffected by this paragraph and are not changed. If TFC agrees to a change in the GMP during the Construction Phase that results from a change in the scope of the Project, the Construction Phase Fee shall be equitably adjusted by applying the percentage established in this Section to the amount of the change in the GMP. The Construction Phase Fee will not be adjusted for changes to the Project that do not change the GMP.

Appears in 2 contracts

Samples: Construction Manager, Construction

AutoNDA by SimpleDocs

Change Order Pricing. CMR may include the CMR Fee on all CMR Change Order work negotiated during the Construction Phase. The CMR Fee shall supplant the references to overhead and profit imposed by UGC Section 11.8.1. Except as otherwise provided in the Special Conditions, if any, the Subcontractor overhead and profit xxxxmark-up limitations imposed by UGC Section 11.8.1 are unaffected by this paragraph and are not changed. If PMP and TFC agrees agree to a change in the GMP during the Construction Phase that results from a change in the scope of the Project, the Construction Phase Fee shall be equitably adjusted by applying the percentage established in this Section to the amount of the change in the GMP. The Construction Phase Fee will not be adjusted for changes to the Project that do not change the GMP.

Appears in 1 contract

Samples: Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.