Common use of Construction Supervision Fee Clause in Contracts

Construction Supervision Fee. Manager shall be entitled to receive, as compensation for any construction supervision services performed by Manager as described in Section 3.3 of this Agreement, five percent (5%) of the Hard Construction Costs of each project for which Manager performs such services (the “Construction Supervision Fee”). In addition, Owner shall reimburse Manager for all reasonable expenses related to such construction supervision services.

Construction Supervision Fee. Manager shall be entitled to receive, as compensation for For any construction supervision services performed by Manager as described in Section 3.3 of this Agreementpursuant to Paragraph 1. I 4, five above, Manager shall receive a construction supervision fee equal to ive percent (5%5"%)ofthe total amount ofconstruction costs approved by Owner, due payable concurrently with the applicable payments to the construction contractor(s) of the Hard Construction Costs of each project for which Manager performs such services (the “Construction Supervision Fee”). In addition, Owner shall reimburse Manager for all reasonable expenses related to such construction supervision servicesand materialmen.