Common use of No Adjustments to Fee Clause in Contracts

No Adjustments to Fee. It is the Department’s intent to engage the Design-Builder to develop a GMP that meets the programmatic requirements set forth in Exhibit A by the Client Agency and the Project Budget as set forth herein (i.e. designed to budget), to allow for Substantial Completion of the Work to be achieved no later than the Substantial Completion Date. The Design-Builder shall be entitled to an adjustment to the Design-Build Fee at the time the GMP is established to the extent, and only to the extent, that: (i) the Department makes additions to the scope that, when measured relative to the program, cause the GMP to exceed the Design-Builder’s original concept estimate by more than five percent (5%); or (ii) the Department makes additions to the scope provided for herein which (other than for punchlist or warranty work) which requires the Design-Builder’s services at the Project to extend 30 days or more beyond the Substantial Completion Date. With regard to Change Orders issued after the GMP is established, the Design-Builder shall be entitled to an increase in the Design-Build Fee to the extent, and only to the extent, that: (i) the Department has added a new programmatic element to the Project; or (ii) the Department made additions to the GMP scope which (other than punchlist or warranty work) require the Design-Builder’s services at the Project to extend 30 days or more beyond the Substantial Completion Date.

Appears in 15 contracts

Samples: Agreement, Agreement, Agreement

AutoNDA by SimpleDocs

No Adjustments to Fee. It is the Department’s intent to engage the Design-Builder to develop a GMP that meets the programmatic requirements set forth in Exhibit A by the Client Agency and the Project Budget Target GMP as set forth herein (i.e. designed to budget), to allow for Substantial Completion of the Work to be achieved no later than the Substantial Completion Date. The Design-Builder shall be entitled to an adjustment to the Design-Build Fee at the time the GMP is established to the extent, and only to the extent, that: (i) the Department makes additions to the scope that, when measured relative to the program, cause the GMP to exceed the Design-Builder’s original concept estimate by more than five percent (5%); or (ii) the Department makes additions to the scope provided for herein which (other than for punchlist or warranty work) which requires the Design-Builder’s services at the Project School to extend 30 days or more beyond the Substantial Completion Date. With regard to Change Orders issued after the GMP is established, the Design-Builder shall be entitled to an increase in the Design-Build Fee to the extent, and only to the extent, that: (i) the Department has added a new programmatic element to the Project; or (ii) the Department made additions to the GMP scope which (other than punchlist or warranty work) require the Design-Builder’s services at the Project to extend 30 days or more beyond the Substantial Completion Date.

Appears in 2 contracts

Samples: Design Build Agreement, Design Build Agreement

No Adjustments to Fee. It is the Department’s intent to engage the Design-Builder to develop a GMP that meets the programmatic requirements set forth in Exhibit A by the Client Agency and the Project Budget as set forth herein (i.e. designed to budget), to allow for Substantial Completion of the Work to be achieved no later than the Substantial Completion Date. The Design-Builder shall be entitled to an adjustment to the Design-Build Fee at the time the GMP is established to the extent, and only to the extent, that: (i) the Department makes additions to the scope that, when measured relative to the program, cause the GMP to exceed the Design-Builder’s original concept estimate by more than five percent (5%); or (ii) the Department makes additions to the scope provided for herein which (other than for punchlist or warranty work) which requires the Design-Builder’s services at the Project to extend 30 days or more beyond the Substantial Completion Date. With regard to Change Orders issued after the GMP is established, the Design-Builder shall be entitled to an increase in the Design-Design- Build Fee to the extent, and only to the extent, that: (i) the Department has added a new programmatic element to the Project; or (ii) the Department made additions to the GMP scope which (other than punchlist or warranty work) require the Design-Builder’s services at the Project to extend 30 days or more beyond the Substantial Completion Date.

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

No Adjustments to Fee. It is the Department’s intent to engage the Design-Builder to develop a GMP that meets the programmatic requirements set forth in Exhibit A by the Client Agency and the Project Budget as set forth herein (i.e. designed to budget), to allow for Substantial Completion of the Work to be achieved no later than the Substantial Completion Date. The Design-Builder shall be entitled to an adjustment to the Design-Build Fee at the time the GMP is established to the extent, and only to the extent, that: (i) the Department makes additions to the scope that, when measured relative to the program, cause the GMP to exceed the Design-Builder’s original concept estimate by more than five percent (5%); or (ii) the Department makes additions to the scope provided for herein which (other than for punchlist or warranty work) which requires the Design-Builder’s services at the Project to extend 30 days or more beyond the Substantial Completion Date. With regard to Change Orders issued after the GMP is established, and in accordance with Section 18.8, the Design-Builder shall be entitled to an increase in the Design-Design- Build Fee to the extent, and only to the extent, that: (i) the Department has added a new programmatic element to the Project; or (ii) the Department made additions to the GMP scope which (other than punchlist or warranty work) require the Design-Builder’s services at the Project to extend 30 days or more beyond the Substantial Completion Date.

Appears in 1 contract

Samples: Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.