Construction Phase Fee Sample Clauses

Construction Phase Fee. A. For Construction Phase Services, based on the anticipated GMP established at the time of this Agreement, Owner shall pay Contractor a stipulated Construction Phase Fee amount of: One Million, One Hundred Eighty Thousand and no/100 Dollars ($1,180,000.00); B. If the Owner agrees to an increase or decrease in the Guaranteed Maximum Price, the Construction Phase Fee shall be equitably adjusted.

Construction Phase Fee. A. For Construction Phase Services, based on the anticipated GMP established at the time of this Agreement, Owner shall pay Contractor a stipulated Construction Phase Fee amount of: B. If the Owner agrees to an increase or decrease in the Guaranteed Maximum Price, the Construction Phase Fee shall be equitably adjusted.

Construction Phase Fee. Prior to commencement of the Construction Phase of the Project, the County and the Design-Build Firm will enter into the Construction Phase Amendment to authorize the Design-Build Firm to proceed with Construction of the Project and establish the Construction Phase Fee. The Construction Phase Fee shall be negotiated based on the design and the negotiated fee and supporting documentation shall be supplied to the County.

Construction Phase Fee. Contractor’s Construction Phase Fee is the maximum amount payable to Contractor for any cost or profit expectation incurred in the performance of the Work that is not specifically identified as being eligible for reimbursement by Owner elsewhere in this Agreement. References in the UGC to Contractor’s “overhead” and “profit” mean Contractor’s Construction Phase Fee. The Construction Phase Fee includes, but is not limited to, the following items: 9.1 All profit, profit expectations and costs associated with profit sharing plans such as personnel bonuses, incentives, and rewards; company stock options; all employee stock option plans including retirement plans if in addition to a 401k or any other like expenses of Contractor.

Construction Phase Fee. Prior to commencement of the Construction Phase, the Owner will direct the Construction Manager in writing via Activation or Construction Authorization to proceed into the Construction Phase. The Construction Manager's compensation for work or services performed during the Construction Phase shall be established for each specific project and outlined in the written Activation or Construction Authorization. The Construction Phase Fee shall be paid in equal monthly payments. The first monthly payment shall become due thirty (30) calendar days following the issuance of the Notice-To-Proceed and Activation by the Owner and the final monthly payment shall be paid only when construction of the project is completed and occupancy of the project accepted by the Owner. If construction is authorized only for a part of the project, the fee paid shall be proportionate to the amount of work authorized by the Owner.

Construction Phase Fee. The Construction Manager’s Construction Phase Fee is the maximum amount payable to the Construction Manager for any cost or profit expectation incurred in the performance of the Work that is not specifically identified as being eligible for reimbursement by the Owner elsewhere in the Agreement. References in the Uniform General Conditions for University of Texas System Building Construction Contracts to Construction Manager’s “overhead” and “profit” mean the Construction Manager’s Construction Phase Fee. The Construction Phase Fee includes, but is not limited to, the following items. All profit, profit expectations and costs associated with profit sharing plans such as personnel bonuses, incentives, and rewards; company stock options; or any other like expenses of the Construction Manager Salaries of Construction Manager’s officers, project manager(s), estimators, schedulers and all other employees not stationed at the Project site and performing services directly related to the Project. Any and all overhead, labor or general expenses of any kind unless specifically allowed under General Conditions. These costs include, but are not limited to: costs for the purchase, lease, rental, allowance or maintenance of vehicles, radios/communication equipment, jobsite computers, copiers and other business equipment, specialized telephone systems and cellular/digital phones; trade or professional association dues; costs for hiring and/or relocation of any of the Construction Manager’s personnel; and travel, per diem and subsistence expense of Construction Manager, its officers or employees except as specifically allowed under General Conditions. Any financial costs incurred by the Construction Manager including the cost of capital or interest on capital, regardless of whether it is related to the Project, and costs associated with construction warranty reserves. Any legal, accounting, professional or other similar costs incurred by the Construction Manager, including costs incurred in connection with the prosecution or defense any dispute, mediation, arbitration, litigation or other such proceeding related to or arising from the Project. Any Federal and/or State income and franchise taxes paid by Construction Manager. Any fines, penalties, sanctions or other levies assessed by any governmental body against Construction Manager. Any cost arising out of a breach of this Contract or the fault, failure or negligence of Construction Manager, its Subcontractors, or any per...

Construction Phase Fee. The compensation to be paid to the Design-Build Firm during the Construction Phase and includes: 7.1 Salaries or other compensation of the Design-Build Firm's employees assigned to the project at its principal office and branch offices. 7.2 The Design-Build Firm's personnel assigned during the Construction Phase, their duties, and responsibilities to this Project, and the duration of their assignments are shown on Exhibit I. Such personnel shall not be replaced without prior written consent of the County, which shall not be unreasonably withheld. 7.3 General operating expenses related to this Project of the Design- Build Firm's principal and branch offices. 7.4 The costs of all data processing staff. 7.5 Salaries or other compensation of the Design-Build Firm's employees assigned to the project at the job-site. The Design-Build Firm's personnel to be assigned to the Site during the Construction Phase under the job-site management and supervision fee, their duties, responsibilities, and the duration of their assignments are shown on Exhibit I. 7.6 General operating expenses incurred in the management and supervision of the Project, except direct costs, defined as Direct Costs to the Project and as defined in Paragraph 26 below. 7.7 Job office supplies including paper, pencils, paper clips, file folders, staples, etc., and janitorial supplies (photo copy or blue print paper not included). 7.8 The costs resulting from the services provided by the Architects and Engineers during the Construction Phase.

Construction Phase Fee. Construction Manager’s Construction Phase Fee is the maximum amount payable to Construction Manager for any cost or profit expectation incurred in the performance of the Work that is not specifically identified as being eligible for reimbursement by Owner elsewhere in the Agreement. References in the UTUGCs to Contractor’s “overhead” and “profit” mean Construction Manager’s Construction Phase Fee. The Construction Phase Fee includes, but is not limited to, the following items. 14.1 All profit, profit expectations and costs associated with profit sharing plans such as personnel bonuses, incentives, and rewards; company stock options; or any other like expenses of Construction Manager.

Construction Phase Fee. For Construction Phase Services, Owner shall pay Construction Manager a stipulated Construction Phase Fee equal to percent ( %) of the Guaranteed Maximum Price for the Project. Based on the anticipated GMP established at the time of this Agreement, the Construction Phase Fee would be the total stipulated amount of: Dollars ($ ). If the Owner agrees to an increase in the Guaranteed Maximum Price during the Construction Phase, the Construction Phase Fee shall be equitably adjusted by applying the percentage established in paragraph 24.3.1 to the amount of the increase in the GMP. For change order work which increases the contract amount, but does not increase the Guaranteed Maximum Price, overhead and profit costs for subcontractors shall be determined in accordance with the “Changes” section of the Uniform General Conditions but the Construction Manager will not be entitled to any fee increase for such work.. For change order work which increases the Guaranteed Maximum Price, overhead and profit costs for subcontractors shall be determined in accordance with the “Changes” section of the Uniform General Conditions but the Construction Manager’s fee for such work will be calculated by applying the percentage established in paragraph 24.3.1 to the amount of the increase. The percentage rate established in paragraph 24.3.1 of this Agreement for calculation of the Construction Phase Fee cannot be increased except with the express written approval of the Owner/ Limitation on General Condition Costs For allowable General Conditions Costs incurred during the Construction Phase of the Project, Owner shall pay Construction Manager a maximum of percent ( %) of the Guaranteed Maximum Price for the Project. Based on the anticipated GMP established at the time of this Agreement, the maximum allowable amount of General Conditions Costs would be the total amount of: Dollars ($ ). If the Owner agrees to an extension of the duration of the Construction Phase, the maximum allowable amount of General Conditions Costs shall be equitably adjusted. The percentage rate established in paragraph 24.4.1 of this Agreement for calculation of the General Conditions Costs cannot be increased except with the express written approval of the Owner.