Construction Manager’s Fee definition

Construction Manager’s Fee shall have the meaning given in Section 7.9.1 of this Agreement. “Construction Manager’s Field Work” shall mean customary Work of a minor nature not feasible to Subcontract, arising from: exclusions by a Subcontractor not resolved during Subcontract buy-out, deviations in Work of Subcontractors that are not Defective Work, unaccounted-for complexity of Work coordination, and other similar reasons typical in the industry; provided, however, Construction Manager reasonably determines self-performing such Work is in Owner’s best interests, obtains Owner Parties’ written consent prior to executing such Work, and the cost of such Work is separately identified in Construction Manager’s Applications for Payment.

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Construction Manager’s Fee in accordance with Section 8.2 and established in the Schedule of Project Details. The Construction Manager’s Fee includes the cost of premiums for insurance required to be carried by the Construction Manager under the Contract Documents, as well as the Construction Manager’s profit and all other expenses not included under Sections 2.10.1, 2.10.2 and

Construction Manager’s Fee means the amount set forth in the Schedule of Project Details.

Examples of Construction Manager’s Fee in a sentence

At the Final Completion of the Project, a Memorandum of Final Acceptance will be issued in conjunction with a Final Change Order to remove any monies in excess of the Construction Manager’s Fee, General Conditions, Cost of Work, and any Cost Savings due to the ▇▇▇▇, from the GMP.
The Contract Sum is the Cost of the Work as defined in Article 7 plus the Construction Manager’s Fee.
The costs of legal defenses, judgments, and settlements shall not be included in the Cost of the Work used to calculate the Construction Manager’s Fee or subject to the Guaranteed Maximum Price.
The Guaranteed Maximum Price in the proposal shall be the sum of the Construction Manager’s estimate of the Cost of the Work, the Construction Manager’s contingency described in Section 3.2.4, and the Construction Manager’s Fee described in Section 6.1.2. The Construction Manager’s Guaranteed Maximum Price proposal shall be based upon the cumulative or sum total of all of the assigned publicly bid contracts.
The Work may be suspended by the Owner as provided in Article 14 of AIA Document A201–2017; in such case, the Guaranteed Maximum Price and Contract Time shall be increased as provided in Article 14 of AIA Document A201–2017, except that the term "profit" shall be understood to mean the Construction Manager’s Fee as described in Sections 6.1 and 6.3.5 of this Agreement.
Payment shall include the Construction Manager’s Fee and General Conditions Costs for work and/or services performed.
CMAR agrees to furnish and perform, as a part of the Construction Manager’s Fee and Overhead/Profit without reimbursement, said overhead items.

More Definitions of Construction Manager’s Fee

Construction Manager’s Fee or “CM Fee” has the meaning set forth in Section 6.4 hereof.

Construction Manager’s Fee means the agreed to percentage in an accepted GMP that represents the Contractor’s fee for performance of the Work. Construction Phase Services means the services to be performed through the CONTRACTOR during the construction phase of the Project, including without limitation, the Construction Work and such other services as required by this Agreement or reasonably inferred herein.

Construction Manager’s Fee means any cost that is not directly required to complete the specific contractual scope of Work as defined in Section 5.1.

Construction Manager’s Fee means the agreed to percentage in an accepted GMP that represents the Contractor’s fee for performance of the Work.