Common use of Fixed Management Fee Clause in Contracts

Fixed Management Fee. The Owner shall pay, and the Construction Manager shall accept as complete payment for performance of Construction Management Services, a negotiated fixed fee in the amount of % of the GMP for each phase of the Project. All scopes of services shall be reviewed by the County Attorney’s Office prior to issuance of a purchase order. Construction Manager acknowledges and understands that although a percentage value is listed herein, a firm fixed price for the Construction Management Fee for any project that may be assigned hereunder may be negotiated at the time of, and in conjunction with, development of the GMP. The percentage stated herein shall serve as a maximum not-to-exceed value for the negotiated firm fixed Construction Management Fee for each project, if any. The method of payment, however, shall be set forth in Appendix “M”.

Fixed Management Fee. The Owner County shall pay, and the Construction Manager shall accept as complete payment for performance of Construction Management Services, a negotiated fixed fee in the amount of % of the GMP for each phase of the Project. All scopes of services shall be reviewed by the County Attorney’s Office prior to issuance of a purchase order. Construction Manager acknowledges and understands that although a percentage value is listed hereinin this Agreement, a firm fixed price for the Construction Management Fee for any project that may be assigned hereunder under this Agreement may be negotiated at the time of, and in conjunction with, development of the GMP. The percentage stated herein in this Agreement shall serve as a maximum not-to-exceed value for the negotiated firm fixed Construction Management Fee for each project, if any. The method of payment, however, shall be set forth in Appendix “M”.

Fixed Management Fee. The Owner County shall pay, and the Construction Manager shall accept as complete payment for performance of Construction Management Services, a negotiated fixed fee in the amount of 5.10% of the GMP for the Project or a separate fixed fee for each phase of the Projectphase. All scopes of services shall will be reviewed by the County Attorney’s Office prior to issuance of a purchase order. Construction Manager acknowledges and understands that although a percentage value is listed hereinin this Agreement, a firm fixed price for the Construction Management Fee for any project that may be assigned hereunder under this Agreement may be negotiated at the time of, and in conjunction with, development of the GMP. The percentage stated herein in this Agreement shall serve as a maximum not-to-exceed value for the negotiated firm fixed Construction Management Fee for each project, if any. The method of payment, however, shall be set forth in Appendix “MK”.