Common use of Construction Supervision Fee Clause in Contracts

Construction Supervision Fee. For any services performed by Manager pursuant to Paragraph I.14, above, Manager shall receive a construction supervision fee equal to five percent (5%)of the total amount of construction costs approved by Owner, due payable concurrently with the applicable payments to the construction contractor(s) and materialmen.

Construction Supervision Fee. For To the extent that Manager is asked to supervise or oversee any services performed by capital improvement or tenant improvement project related to the Property, Owner shall pay to Manager pursuant to Paragraph I.14, above, Manager shall receive a construction supervision fee (“Construction Supervision Fee”) equal to five percent (5%)of 5%) of the total amount hard costs of the specific capital improvement project or tenant improvement project. Unless Owner and Manager agree otherwise, the Construction Supervision Fee for each project shall be payable in equal monthly installments based on the schedule for construction costs approved by Owner, due payable concurrently with the applicable payments to the of such construction contractor(s) and materialmenproject.