Common use of Preconstruction Fee Clause in Contracts

Preconstruction Fee. 9.1.2.1 The Owner will pay the Preconstruction Fee on a progress basis but (1) for each Preconstruction Stage, not in excess of the portion of the Preconstruction Fee allocated to that Preconstruction Stage in the Agreement and (2) not in excess of the total Preconstruction Fee stated in the Agreement.