Method of calculating Preconstruction Payment Applications. The total payment for Preconstruction Services will not exceed the sum of products obtained by first adding the costs and expenses incurred that are also authorized within the Design-Builder Preconstruction Overhead Costs as established in Supplement N; then adding to that sum the product of multiplying the Design-Builder Preconstruction Fee times the percentage multiplier of completion of Preconstruction Services (e.g., percentage multiplier for 22% completion is “.22”); then subtracting from that subtotal sum amounts to be withheld or deducted by UGAA (for undocumented amounts applied for and as otherwise provided in this Agreement); and then subtracting from that subtotal remainder the total of amounts previously paid to Design-Builder by UGAA for Design- Builder Preconstruction Fee and Design-Builder Preconstruction Overhead Costs on this Project.
Method of calculating Preconstruction Payment Applications. The total payment for Preconstruction Services will not exceed the sum of products obtained by first adding the costs and expenses incurred that are also authorized within the CM Preconstruction Overhead Costs as established in Supplement N; then adding to that sum the product of multiplying the CM Preconstruction Fee times the percentage multiplier of completion of Preconstruction Services (e.g., percentage multiplier for 22% completion is “.22”); then subtracting from that subtotal sum amounts to be withheld or deducted by UGAA (for undocumented amounts applied for and as otherwise provided in this Agreement); and then subtracting from that subtotal remainder the total of amounts previously paid to CM by UGAA for CM Preconstruction Fee and CM Preconstruction Overhead Costs on this Project.
