IN FEE. 5.2. 1Adjustments in the Construction Phase Fee shall be made as follows: If, after the total Guaranteed Maximum Price is accepted, in writing, by the Principal Representative, the Principal Representative directs additions to or other changes made in the Work, the Construction Manager’s fee shall be adjusted as follows: If the changes in the aggregate increase the total Guaranteed Maximum Price, the Construction Manager’s fee for any and all other changes in the Work shall be calculated at the rate of FOUR percent (4%) (plus appropriate General Condition costs) of the estimated cost of such work and shall be agreed upon between the Construction Manager and the Principal Representative as a fixed fee for the effect of the change (or changes), prior to starting the changed Work. The adjustments stated above shall only be deemed valid after the Principal Representative accepts the adjustments in writing and, are the only adjustments to the fee that shall be granted for changes authorized to the GMP. Adjustments to these fees beyond these values shall not be granted. However, General Condition costs directly attributable to time extensions may be charged in accordance with Article 38 of the General Conditions of the Contract (SC-6.51). 5.2. 2The Construction Manager shall also be paid an additional fee at the rate as set forth in paragraph 5.2.1 if the Construction Manager is placed in charge of the reconstruction of any insured loss.
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IN FEE. 5.2. 1Adjustments in the Construction Phase Fee shall be made as follows: If, after the total Guaranteed Maximum Price is accepted, in writing, by the Principal Representative, the Principal Representative directs additions to or other changes made in the Work, the Construction Manager’s fee shall be adjusted as follows: If the changes in the aggregate increase the total Guaranteed Maximum Price, Price the Construction Manager’s fee for any and all other changes in the Work shall be calculated at the rate of FOUR percent (4%) (plus appropriate General Condition costs) of the estimated cost of such work and shall be agreed upon between the Construction Manager and the Principal Representative as a fixed fee for the effect of the change (or changes), prior to starting the changed Work. The adjustments stated above shall only be deemed valid after the Principal Representative accepts the adjustments in writing and, are the only adjustments to the fee that shall be granted for changes authorized to the GMP. Adjustments to these fees beyond these values shall not be granted. However, General Condition costs directly attributable to time extensions may be charged in accordance with Article 38 the provisions of the General Conditions of the Contract (SC-6.51)Conditions.
5.2. 2The Construction Manager shall also be paid an additional fee at the rate as set forth in paragraph 5.2.1 if the Construction Manager is placed in charge of the reconstruction of any insured loss.
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IN FEE. 5.2. 1Adjustments in the Construction Phase Fee shall be made as follows: If, after the total Guaranteed Maximum Price is accepted, in writing, by the Principal Representative, the Principal Representative directs additions to or other changes made in the Work, the Construction Manager’s fee shall be adjusted as follows: If the changes in the aggregate increase the total Guaranteed Maximum Price, the Construction Manager’s fee for any and all other changes in the Work shall be calculated at the rate of FOUR percent (4%) (plus appropriate General Condition costs) of the estimated cost of such work and shall be agreed upon between the Construction Manager and the Principal Representative as a fixed fee for the effect of the change (or changes), prior to starting the changed Work. The adjustments stated above shall only be deemed valid after the Principal Representative accepts the adjustments in writing and, are the only adjustments to the fee that shall be granted for changes authorized to the GMP. Adjustments to these fees beyond these values shall not be granted. However, General Condition costs directly attributable to time extensions may be charged in accordance with Article 38 of the General Conditions of the Contract (SC-6.51).
5.2. 2The Construction Manager shall also be paid an additional fee at the rate as set forth in paragraph 5.2.1 if the Construction Manager is placed in charge of the reconstruction of any insured loss.
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