Contract Sum–Components Clause Samples

Contract Sum–Components. Upon execution of a GMP Acceptance, the Contract Sum shall not exceed [Insert Dollar Amount] and No/100 Dollars ($[Insert Numerical Dollar Amount]), which is the sum of the following components.

Contract Sum–Components. The Contract Sum shall not exceed Thirty-Six Million and No/100 Dollars ($36,000,000.00), which is the sum of the following components.”

Contract Sum–Components. Upon execution of a GMP Acceptance, the Contract Sum shall not exceed $5,455,000.00, which is the sum of the following components.

Contract Sum–Components. Upon execution of a GMP Acceptance, the Contract Sum shall not exceed [RESERVED], which is the sum of the following components: i. The Pre-Construction Management Fee, in an amount not to exceed $200,000.00. ii. The Construction Management Fee, in an amount not to exceed 6% of the Cost of Work, which sum will be finalized as part of the Contract Sum in the GMP Acceptance and shall not exceed [RESERVED]. iii. The General Conditions Fee, in an amount not to exceed $1,594,500.00, based on the anticipated Contract Sum of $12,000,000 and a Construction Schedule of 810 calendar days. An adjustment to the General Conditions Fee may occur to coincide with the confirmed GMP scope and amount and confirmed Construction Schedule duration. This General Conditions Fee sum will be finalized as part of the Contract Sum in the GMP Acceptance.

Contract Sum–Components. Upon execution of a GMP Acceptance, the Contract Sum shall not exceed One Million Five Hundred Forty-Seven Thousand Nine Hundred Ninety-Six and No/100 Dollars ($1,547,996.00), which is the sum of the following components.” (b) Subsection 4.2.2, Construction Management Fee, is deleted in its entirety and replaced with Subsection 4.2.2, as follows.