Fixed Cost for General Conditions Work Sample Clauses

Fixed Cost for General Conditions Work. Fixed Cost for General Conditions Work or GC Work shall mean that fixed sum identified in Article 8.8.
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Fixed Cost for General Conditions Work. Fixed Cost for General Conditions Work or GC Work means a fixed sum identified in Article 8.8. Owner may decide not to fix General Conditions Work costs, but instead may wish to treat them as reimbursable items like all other costs of the Work. If so, this section, and all related sections will be deleted or amended as instructed in Section 8.8. Final evaluation of General Conditions Work will be done as part of the GMP Amendment, defined in Section 1.20.
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Fixed Cost for General Conditions Work. CM/GC shall be paid a fixed sum of $ as payment for the GC Work, including all labor, materials, and direct and indirect costs thereof. To the extent any GC Work is otherwise described above in this Article 8, CM/GC’s compensation for the same is included in the Fixed Cost for GC Work and shall not otherwise be charged as Cost of the Work. The Fixed Cost for GC Work, less 5% retainage thereon, shall be paid in equal installments monthly over the number of months of the scheduled Construction Phase, commencing with the first progress billing after commencement of the scheduled Construction Phase. However, no adjustment in the amount payable for General Conditions Work will be made if the actual construction period is shorter or longer than the number of months scheduled for the Construction Phase, unless the construction period is extended because of an Owner- requested delay.
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Fixed Cost for General Conditions Work. The Fixed Cost for General Conditions Work included as part of a GMP shall not exceed $7,551,749, and shall be reduced accordingly if the Owner builds less than all possible components of the Project. Exhibit B identifies the costs that will be paid to the Contractor as a Fixed Cost for General Conditions Work. General Conditions Work includes the on-site management and supervision of the Work. To the extent any GC Work is listed in Exhibit B and also otherwise described in this Article 7, Contractor’s compensation is included in the Fixed Cost for General Conditions Work and shall not otherwise be charged as Cost of the Work. The Fixed Cost for General Conditions Work, less 5% retainage, shall be paid in equal installments monthly over the number of months of the scheduled Construction Phase, commencing with the first progress billing after commencement of the Construction Phase.
Sample 1
Fixed Cost for General Conditions Work. Exhibit D (CM/GC General Conditions Cost Matrix) identifies the overhead costs that will be paid to the CM/GC as a fixed cost for General Conditions (GC) Work. General Conditions work includes the management and supervision of the Work working directly for the Project. To the extent any GC Work is listed in Exhibit D and also otherwise described in this Article 7, CM/GC’s compensation is included in the Fixed Cost for GC Work and shall not otherwise be charged as Cost of the Work. The Fixed Cost for GC Work, less 5% retainage, shall be paid in equal installments monthly over the number of months of the scheduled Construction Phase, commencing with the first progress billing after commencement of the Construction Phase.
Sample 1
Fixed Cost for General Conditions Work. Contractor will be paid a fixed dollar lump sum for General Conditions Work to be identified in the GMP Amendment, including all labor, materials, and related direct and indirect costs. To the extent any General Conditions Work is otherwise described above in this Article 8, Contractor’s compensation for the same is included in the Fixed Cost for GC Work and will not otherwise be included in the Cost of the Work. The Fixed Cost for GC Work, less 5% retainage thereon, will be paid in equal installments monthly over the number of months of the scheduled Construction Phase, commencing with the first progress billing after commencement of the Construction Phase. However, no adjustment in the amount payable for General Conditions Work will be made if the actual construction period is shorter or longer than the number of months scheduled for the Construction Phase, unless the construction period is extended because of a City-requested delay. Notwithstanding the provisions of this Article 8.7, City will reimburse Contractor for General Conditions Work items. Reimbursable General Conditions Work items are shown on the General Conditions and Cost of the Work Matrix attached as Exhibit E.
Sample 1
Fixed Cost for General Conditions Work. CM AT RISK shall be paid a fixed sum of $ .00 as payment for the GC Work, including all labor, materials, and direct and indirect costs thereof. The Fixed Cost for GC Work shall be paid in equal installments monthly through completion of the Construction Phase However, no adjustment in the amount payable for General Conditions Work will be made if the actual construction period is shorter or longer than the number of months scheduled for the Construction Phase, unless the construction period is extended because of an Owner-requested delay.
Sample 1
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Related to Fixed Cost for General Conditions Work

  • Application of General Conditions These General Conditions set forth the terms and conditions generally applicable to the Development Grant Agreement to the extent and subject to any modifications set forth in such agreement.”

  • General Conditions (i) Each party will make each payment or delivery specified in each Confirmation to be made by it, subject to the other provisions of this Agreement.

  • For General Conditions Costs Contractor’s Application for Payment shall be submitted on a Schedule of Values approved by the Owner and include complete copies of all receipts, invoices with check vouchers or other evidence of payment, payrolls, and any and all other evidence which Owner or its designated representatives shall deem necessary to support the amount requested. This information is subject to audit and payment for these costs is dependent on Owner’s receipt of accurate and complete records of all transactions. Owner may reduce the amount requested for General Conditions Costs in any Application for Payment if Owner, in its good faith judgment, determines that the unpaid balance of the General Conditions line item in the Schedule of Values is not sufficient to fund necessary General Conditions Costs for the remainder of the Project.

  • General Conditions Costs Construction Manager is entitled to receive payment for the actual cost of the allowable General Conditions items incurred after receipt of a Notice to Proceed with Construction from the Owner through Substantial Completion of the Project plus thirty (30) calendar days. Construction Manager is not entitled to reimbursement for General Conditions Costs incurred before receipt of the Notice to Proceed. General Conditions Costs incurred after Substantial Completion must be approved in advance by the Owner. Allowable General Conditions items are identified below and by attached exhibit. These items shall be included in the General Conditions cost amount shown as a line item in the Guaranteed Maximum Price Proposal and as detailed on the schedule of values. Items not specifically included below or in the exhibit will not be allowed as a General Condition costs.

  • Selection of Subcontractors, Procurement of Materials and Leasing of Equipment The contractor shall not discriminate on the grounds of race, color, religion, sex, national origin, age or disability in the selection and retention of subcontractors, including procurement of materials and leases of equipment. The contractor shall take all necessary and reasonable steps to ensure nondiscrimination in the administration of this contract.

  • Completion of Punch List items 14.4.1 All items in the Punch List shall be completed by the Concessionaire within 90 (ninety) days of the date of issue of the Provisional Certificate and for any delay thereafter, other than for reasons solely attributable to the Authority or due to Force Majeure, the Authority shall be entitled to recover Damages from the Concessionaire to be calculated and paid for each day of delay until all items are completed, at the lower of (a) 0.1% (zero point one per cent) of the Performance Security, and (b) 0.2% (zero point two per cent) of the cost of completing such items as estimated by the Independent Engineer. Subject to payment of such Damages, the Concessionaire shall be entitled to a further period not exceeding 120 (one hundred and twenty) days for completion of the Punch List items. For the avoidance of doubt, it is agreed that if completion of any item is delayed for reasons solely attributable to the Authority or due to Force Majeure, the completion date thereof shall be determined by the Independent Engineer in accordance with Good Industry Practice, and such completion date shall be deemed to be the date of issue of the Provisional Certificate for the purposes of Damages, if any, payable for such item under this Clause 14.4.1.

  • Suspension of unsafe Construction Works (i) Upon recommendation of the Authority’s Engineer to this effect, the Authority may by notice require the Contractor to suspend forthwith the whole or any part of the Works if, in the reasonable opinion of the Authority’s Engineer, such work threatens the safety of the Users and pedestrians.

  • General Conditions; Definitions 1.01. The General Conditions (as defined in the Appendix to this Agreement) constitute an integral part of this Agreement.

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