Construction Supervisory Fee Clause Samples

The Construction Supervisory Fee clause defines the payment owed to a party, typically the architect or project manager, for overseeing the construction process. This fee is usually calculated as a percentage of the total construction cost or as a fixed amount, and it covers tasks such as site visits, progress monitoring, and ensuring compliance with design specifications. By clearly outlining the basis and scope of this fee, the clause helps prevent disputes over compensation and clarifies the financial responsibilities related to construction supervision.
Construction Supervisory Fee. The cost of the Improvements shall include a construction supervisory fee for the supervision of the construction of the Improvements by Landlord.
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Construction Supervisory Fee. Manager shall also be entitled to a construction supervisory fee at the customary market level with regard to any tenant improvements and construction matters relating to the Properties.
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Construction Supervisory Fee. The cost of the Improvements shall include a construction supervisory fee payable to Landlord equal to three percent (3.0%) of the so called -hard" cost of constructing the Improvements.
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Construction Supervisory Fee. Landlord shall not charge a construction supervisory fee in connection with the Landlord’s Work.
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Construction Supervisory Fee. Owner shall pay Manager as compensation for any construction supervisory services rendered by Manager with respect to the Property, a fee ("Supervisory Fee") equal to five percent (5%) of all costs incurred in making capital improvements and tenant improvements (excluding costs for normal repairs and replacements) on the Property that are supervised by Manager on behalf of Owner. The Supervisory Fee shall be payable monthly for costs incurred the previous month.
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Construction Supervisory Fee. Within 10 days following the date of invoice, Tenant shall, for supervision and administration of the construction and installation of the Landlord Work depicted in the Approved Construction Documents plus any approved Change Orders related thereto, pay Landlord a construction supervisory fee equal to 2% of the hard construction costs of the Landlord Work, as defined by the contract for construction with the selected general contractor. Such fee may be paid from the unused portion of the Construction Allowance (if any). Tenant’s failure to pay such construction supervisory fee when due shall constitute an event of default under the Lease, as modified by the Sixteenth Modification, subject to applicable notice and cure periods.
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Construction Supervisory Fee. The cost of the Improvements shall not include a construction supervisory fee payable to Landlord for the supervision of the construction of the Improvements by Landlord.
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Related to Construction Supervisory Fee

  • Construction Management Fee The Construction Management Fee for the Project shall be either a ☒Lump Sum or ☐Not-To-Exceed Fee of Thirty-Six Thousand, Four Hundred Seventy-Seven Dollars and Sixty-Five Cents ($36,477.65). NOTE: Allowances will be on a Not-To-Exceed basis. All unused funds will be returned to the School District at the time of construction closeout. Fee will be paid only on cost of work for these items. Exhibit C- Project Assignment Page 2 of 4

  • Construction, Etc Each covenant contained herein shall be construed (absent express provision to the contrary) as being independent of each other covenant contained herein, so that compliance with any one covenant shall not (absent such an express contrary provision) be deemed to excuse compliance with any other covenant. Where any provision herein refers to action to be taken by any Person, or which such Person is prohibited from taking, such provision shall be applicable whether such action is taken directly or indirectly by such Person. For the avoidance of doubt, all Schedules and Exhibits attached to this Agreement shall be deemed to be a part hereof.

  • Construction Completion The related Construction shall have been completed substantially in accordance with the related Plans and Specifications, the related Deed and all Applicable Laws, and such Leased Property shall be ready for occupancy and operation. All fixtures, equipment and other property contemplated under the Plans and Specifications to be incorporated into or installed in such Leased Property shall have been substantially incorporated or installed, free and clear of all Liens except for Permitted Liens.

  • Construction Manager The individual, partnership, corporation, joint venture, or any combination thereof, or its authorized representative, named as such by the District. If no Construction Manager is used on the Project that is the subject of this Contract, then all references to Construction Manager herein shall be read to refer to District.

  • Construction Management Landlord or its Affiliate or agent shall supervise the Work, make disbursements required to be made to the contractor, and act as a liaison between the contractor and Tenant and coordinate the relationship between the Work, the Building and the Building’s Systems. In consideration for Landlord’s construction supervision services, Tenant shall pay to Landlord a construction supervision fee equal to three percent (3%) of Tenant’s Costs specified in Section 7.