Common use of Owner Savings Clause in Contracts

Owner Savings. If the sum of the Preconstruction Fee, plus the CM/GC Fee, plus the actual and final Cost of the Work (the Contract Sum as defined in Article 6.1), is less than the GMP, the savings shall accrue to the Owner.

Appears in 24 contracts

Samples: General Contract, www.deschuteslibrary.org, www.deschuteslibrary.org

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Owner Savings. If the sum of the Preconstruction Fee, plus the CM/GC Fee, plus the actual and final Cost of the Work (the Contract Sum as defined in Article 6.1), is less than the GMP, the savings shall accrue to the Owner.

Appears in 3 contracts

Samples: content.myconnectsuite.com, www.co.marion.or.us, www.co.marion.or.us

Owner Savings. If the sum of the Preconstruction Fee, plus the CM/GC Contractor Fee, plus the actual and final Cost of the Work (the Contract Sum as defined in Article 6.1), is less than the GMP, the savings shall accrue to the Owner.

Appears in 2 contracts

Samples: Multnomah County Construction Services Contract, Emergency Construction Services Contract

Owner Savings. If the sum of the Preconstruction FeeServices, plus the CM/GC Fee, plus the actual and final Cost of the Work (the Contract Sum as defined in Article 6.1), is less than the GMP, the savings shall accrue to the Owner.

Appears in 1 contract

Samples: Sample Construction

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Owner Savings. If the sum of the Preconstruction Fee, plus the CM/GC Fee, plus the actual and final Cost of the Work (the Contract Agreement Sum as defined in Article 6.1), is less than the GMP, the savings shall accrue to the Owner.

Appears in 1 contract

Samples: www.pdx.edu

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