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 UGSC 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:
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, Eight-Hundred Fifty Thousand Dollars ($1,850,000.00);
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.
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. In the event that the Construction Manager elects to provide or require participation in a subcontractor default insurance program (sometimes referred to as SUBGUARD), the entire cost of the insurance program and all costs related to the administration of the program shall be included in the Construction Phase Fee. All costs associated with payment and performance bonds obtained from trade contractors or subcontractors, including bonds for change orders to subcontracts and the cost of any bonds for minor work that might be included in the 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 simila...
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 shall commence the Construction Phase upon receipt of a Notice to Proceed from the Owner. The Construction Manager’s compensation for work or services performed during the Construction Phase shall be described in the completed Exhibit D attached to the Request for Proposal Document. The Owner retains the right to review the need and effectiveness of any employee or employees assigned by the Construction Manager, should the Project Manager question the need for the employee or employees. The Construction Phase Fee shall be paid in equal monthly payments throughout the project based upon the duration of construction specified in the Notice to Proceed. The first monthly payment shall follow the issuance of the Notice to Proceed and the final monthly payment shall be paid only when construction of the project is finally 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. 24.3.1 For Construction Phase Services, Owner shall pay Design/Build Contractor a stipulated Construction Phase Fee equal to percent ( %) of the Guaranteed Maximum Price for the Project.
Construction Phase Fee. The compensation to be paid to the Design-Build Firm during the Construction Phase and includes:
Construction Phase Fee. For Pre-Construction Phase Services, Owner shall pay Construction Manager a Pre-Construction Phase Fee in the total stipulated amount of Dollars ($ );
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.
