CMR's Construction Fee. The proposed GMP Change Order shall include, as a separately identified dollar amount, stated as maximum (not to exceed) sum, the Construction Fee for CMR’s performance of the Work as calculated using the percentages stated in Paragraph 5 of the Contract, and will fluctuate with the actual cost of the work. The Construction Fee shall include the fee amounts previously stated as part of approved Component Change Orders. The CMR’s Fee shall not be increased because the Actual Cost of the Work, Overhead and Expenses exceeds the allowable limits.
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Sources: Construction Management at Risk Agreement, Construction Management at Risk Agreement
CMR's Construction Fee. The proposed GMP Change Order shall include, as a separately identified dollar amount, stated as maximum (not to exceed) sum, the Construction Fee for CMR’s performance of the Work as calculated using the percentages stated in Paragraph 5 of the Contract, and will fluctuate with the actual cost of the work. The Construction Fee shall include the fee amounts previously stated as part of approved Component Change Construction Orders. The CMR’s Fee shall not be increased because the Actual Cost of the Work, Overhead and Expenses exceeds the allowable limits.
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