Common use of Owner Savings Clause in Contracts

Owner Savings. If the sum of the Preconstruction Fee, plus the Construction Manager at Risk Fee, plus the Specified General Conditions, plus the actual and final Cost of the Work is less than the GMP, the savings shall accrue to the Owner.

Appears in 8 contracts

Samples: www.cimarronschools.org, www.hobbsschools.net, www.nmpsfa.org

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