Common use of General Conditions Fee Clause in Contracts

General Conditions Fee. A. The General Conditions Fee is the total compensation amount payable to the CMR for its on-site supervision, project-specific management personnel, including but not limited to, project executive, project managers and office engineers, superintendents, inspections, labor, professional staff performing scheduling, cost estimating, and accounting services, and out-of-house consultants, including markups as required by the General Conditions during the construction phase of the Contract. The General Conditions Fee includes both Project Site and home office costs required to execute the entirety of the Work. This General Conditions Fee is included as a separate line item in the Guaranteed Maximum Price (GMP) and is a fixed amount for the entire Project as defined by the Contract Documents. The General Conditions Fee may be increased only in the event of a major change to the Work.

Appears in 4 contracts

Samples: Contract Between Owner and Construction, Contract Between Owner and Construction, Contract Between Owner and Construction

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