CM contract definition

CM contract means a contract based on which a capacity provider receives remuneration for its availability.
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Examples of CM contract in a sentence

  • The CM contract person and number will be identified at the pre-construction meeting.

  • The Architect promptly shall review a copy of the CM contract when provided by the Owner to the Architect and shall become familiar with the respective services, authorities, obligations and responsibilities of the parties therein.

  • Should such design intent interpretation result in changes which necessitate an increase or decrease in the total CM contract cost or completion date, the Owner will issue, in writing, an appropriate Contract Modification/Change Order to the CM Firm.

  • Nothing in the CM contract will confer direct responsibility on the Construction Manager for the DESIGN PROFESSIONAL’s services, nor shall anything contained therein diminish DESIGN PROFESSIONAL’s responsibility for its services as set forth hereunder.

  • If required by the CM contract, the Architect shall determine independently whether the Project is substantially complete, and provide a certificate to the Owner and the CM that the Project is substantially complete.

  • The Architect's decisions on claims, disputes or other matters, including those in question between the Owner and the CM, except for those relating to aesthetic effect, shall be subject to dispute resolution as provided in this Agreement and the CM contract.

  • The Owner, without invalidating this Contract, may order changes in the Project construction work within the general scope of the Contract consisting of additions, deletions or other revisions, and the CM Firm’s compensation will not be affected for such changes accomplished within the contingency allowance included within the CM contract amount.

Related to CM contract

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Customer Contract means the terms and conditions that Customer accepts to receive access to and use the applicable Offering.

  • Charter contract or "contract" means a fixed-term, renewable contract