Construction Phase Compensation Sample Clauses

Construction Phase Compensation. The portion of Contract Price applicable to the Construction Services shall be the aggregate of all approved GMP Amendments.

Construction Phase Compensation. Progress payments will be paid to the CM in installments proportional to the percentage of construction completed. 1. Fill-time observation must be provided at all times during construction activities. 2. Construction phase compensation will be reduced or denied if Daily Reports are not submitted within 7 calendar days of construction activity being reported on. 3. Report format, including content, must be approved by CDB. 4. CM will copy A/E, Using Agency and others as necessary or as instructed by CDB PM. 5. Additional on-site personnel must be supplied as necessary to complete contractual construction phase services at no additional cost to CDB.

Construction Phase Compensation. (a) The Design-Builder shall only be entitled to compensation for Construction Work to the extent such Construction Work has been authorized pursuant to an executed Work Package Authorization, the Amendment/NTP, or a subsequently issued Supplemental Agreement. (b) Compensation for such authorized Construction Work shall be as described in the applicable Work Package Authorization, the Amendment/NTP, or Supplemental Agreement; provided that in no event shall such compensation exceed the GMP established pursuant to the Amendment/NTP, or, if the Amendment/NTP has not yet been executed, the applicable Work Package Authorization; provided further that the foregoing limitation shall be subject to any changes to the applicable GMP established pursuant to a Supplemental Agreement in accordance with the requirements of the DBA.

Construction Phase Compensation. 7.2.1 The Commission shall compensate the Design-Builder for Work performed following the commencement of the Construction Phase on the following basis: 7.2.1.1 the Cost of the Work as allowed in Article 8; and 7.2.1.2 the Design-Builder’s fee paid in proportion to the services performed subject to adjustment as provided in Paragraph 7.4. 7.2.2 The compensation to be paid under this Paragraph 7.2 shall be limited to the Guaranteed Maximum Price (“GMP”), as the GMP may be adjusted under Article 9.

Construction Phase Compensation. 7.2.1 The Owner shall compensate the Design-Builder for work performed following the commencement of the Construction Phase on the following basis: .1 the Cost of the Work as allowed in Article 8; and

Construction Phase Compensation. 1) CM/GC's construction management fee for the Work performed during the entire construction phase, including punch list completion, is a lump sum of 3.85% of the FLCC ($21,500,000 x 3.50% = $753,000). This includes the cost outlined in any management plan submitted by CM/GC. a) This construction management fee includes overhead, profit for the entire job and personnel who will be managing the project during bidding, construction and closeout, including the warranty period. This fee also includes employment taxes, insurance, workers compensation, as well as salaries and benefits for all personnel that are not identified in Section 2.E.3 below. b) This construction management fee does not include general conditions or the monthly supervision cost described below. As used in this Agreement, “general conditions” means temporary construction costs directly related to the Work. c) This construction management fee is subject to modification by County only as the scope of the work changes, and can be adjusted appropriately as the scope of work changes affect the size and/or duration of the Project. d) Following the establishment of the Guaranteed Maximum Price (“GMP”), CM/GC change order markup, described in Section 6.B.7 below, will compensate CM/GC for the additional overhead and profit associated with a change in scope of Work; however, a decrease in scope of Work and Contract Time prior to or after the establishment of the GMP, shall result in a decrease in the amount of CM/GC’s construction management fee, at the effective percentage rate established in the Proposal, prorated for the amount of Contract Time that is reduced from the original schedule. Similarly, an increase to the scope of Work prior to the establishment of the GMP shall result in an increase in the amount of CM/GC construction management fee at the effective percentage rate established in the Proposal, prorated for the amount of the Contract Time that is added to the original schedule. CM/GC’s construction management fee shall not be increased due to an increase in cost of material, labor, general conditions or site supervision. 2) Compensation for the following items is deemed already included in CM/GC's construction management fee and not subject to any additional payment beyond said fee by County: a) Costs, losses and expenses, including legal and consultant expenses, to the extent they have resulted from the act, fault or negligence of CM/GC, Subcontractor, Sub-subcontractor or supplier ...

Construction Phase Compensation. 8.2.1 The construction phase for the Project, or for a portion of the Project in the event the construction of the Project is to proceed in phases with Early Work Packages and associated partial GMPs, shall commence after approval of the GMP Amendment and upon issuance of the Notice to Proceed for Construction, Exhibit G2, or following approval of an Early Work Package Amendment and receipt of a Notice to Proceed with an Early Work Package. 8.2.2 In addition to the construction of the Project, the construction phase shall be construed to also include inspection, testing, Punchlist Work, start up, commissioning, troubleshooting, training, provision of operations and maintenance manuals, provision of spare parts, close out of permits, and any other Project closeout activities normally associated with Projects of this type. 8.2.3 Owner shall compensate Construction Manager for all Work performed during the construction phase on the following basis: 8.2.3.1 Cost of Work; 8.2.3.2 General Conditions Costs; and 8.2.3.3 Fee. 8.2.4 Where compensation is defined in the Agreement Documents to be based on a percentage completion of a finite element of the Work priced at a lump sum or by Unit Prices multiplied by unit quantities completed, Owner shall review all such percentages of completion and quantity measurements for payment claimed by Construction Manager. To assist Owner in reviewing such percentages of completion, Construction Manager shall first measure and quantify the Work to develop the percentage of completion. At the time quantity measurements are made by Construction Manager, Owner’s Representative may be present to verify and agree to such measurements. If Owner’s Representative disagrees with Construction Manager’s measurements, Owner may, at its option, independently measure quantities and adjust the percentage completion in accordance with its measurements. The percentage completion agreed upon by Owner shall be used to calculate the compensation due for the element of Work. Construction Manager shall fully cooperate with Owner in any such endeavor at no additional cost to Owner. 8.2.5 Costs incurred during construction phase Work that will not be directly reimbursed but which shall be recovered by inclusion in the Fee for construction phase Work, include the following: 8.2.5.1 Timekeepers, bookkeepers, clerks, accountants, information technology staff, secretaries, and similar employees not directly working on the Project who are employed at Constru...

Construction Phase Compensation. 7.2.1 The Owner shall compensate the Design-Builder for Work performed following the commencement of Work on the following basis: .1 the Cost of the Work; and .2 the Design-Builder's Fee paid in proportion to the services performed subject to adjustment as provided in Paragraph 7.4. 7.2.2 The compensation to be paid under this Paragraph 7.2 shall be limited to the established GMP, as may be adjusted under Article 9.

Construction Phase Compensation. Owner shall pay Contractor in current funds for Contractor’s performance of the Work required by this Agreement during the Construction Phase of the Project, the Contract sum consisting of the Cost of the Work as defined in ARTICLE 4, and Contractor’s Fixed Fee of 4% (“Fixed Fee”) of the Cost of the Work, which Contract sum may be subject to a Guaranteed Maximum Cost Work Authorization and to the Owner’s Elections as set forth in ARTICLE 20 below.