Management of Construction. All phases of the development and construction of the Partnership’s projects will be carried out by the employees and independent contractors hired by the General Partners and/or an independent general con-tractor (if any) for and on behalf of the Partnership and/or the independent general contractor (if any). Substantially all of the actual construction work shall be per-formed by independent contractors, and no subcontractor selected shall be an Affiliate of the General Partners. In the event that subcontractors are hired by the Partnership, the Partnership will solicit and when deemed by the General Partners to be in the best interests of the Partnership will obtain, at least two bids for all major subcontract work, and such work shall be awarded to the lowest qualified bidder in the absence of circumstances which, in the discretion of the General Partners, make it advisable to engage a subcontractor other than the low bidder.
Management of Construction. Subject to the limitations hereinafter set forth, the parties hereby appoint NDP to act on behalf of the Partnership, from the closing of the Construction Loan until the completion of construction of the Project in all matters relating to the procurement and construction of the Project; provided, however, that NDP shall not take any action or execute any agreement or commitment which would require or result in the Partnership’s payment of any sum exceeding the amount provided therefor in the construction budget by more the $25,000 until NDP has obtained the approval of the Management Committee for such action, agreement, or commitment. As compensation for managing the construction of the Project, the Partnership shall pay to NDP a fixed construction management fee equal to $900,000, to be paid in 18 monthly installments of $50,000 each, commencing on the last business day of the month during which closing of the Construction Loan occurs, provided that if construction of the Project is completed in less than 18 months, the then-remaining balance of the construction management fee shall be paid to NDP upon the closing of the Term Loan and provided further that if construction of the Project is not completed within 18 months, NDP shall not be paid any further construction management fee after such 18-month period.
Management of Construction. All construction functions for the Toll Road shall be managed under the responsible direction of an appropriately qualified and experienced person appointed by the Developer to be the primary point of contact with the Grantor’s Representative on construction related issues. The Developer shall procure that a logic linked Construction Timetable is prepared using an industry standard computer programme as a CPM (critical path method) XXXXX chart to show all the major design and construction activities with the latest and earliest start and finish times. A copy of the computer software shall be made available to the Grantor complete with the baseline Construction Timetable as revised from time to time in accordance with Clause 14 of this Agreement. Construction shall be managed in accordance with the methodology for planning and management for construction described under the Quality Documentation as prescribed in Schedule 5 (Principles for Quality Documentation)..
Management of Construction. Subtenant shall manage and be responsible for all aspects of construction of the Subtenant Improvements.
Management of Construction. Tenant shall manage the construction of the Improvements on the Site, all in the manner set forth in this Article 5 and the Final Project Program, subject to Force Majeure. Subject only to the express terms of this Agreement and the provisions of applicable Laws and permitting requirements, Tenant and the General Contractor shall determine construction means, methods, techniques, sequences and procedures, and shall be responsible for coordinating all portions of the work on the Project. Tenant shall cause the General Contractor to provide and pay for all materials utilized in the work in compliance with the applicable provisions of the Competitive Bid Process (including Construction Materials if purchased pursuant to Section 4.27 above) and the M/WBE Workforce Policy and Program.
Management of Construction
