Construction Phase Fee Sample Clauses

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. 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. 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. 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. 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 “Changessection 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.
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. 24.3.1 For Construction Phase Services, Owner shall pay CM a stipulated Construction Phase Fee equal to Percent ( %) of the Construction Cost Limitation of the Project.