Effect of GMP Change Order. The Preconstruction Phase cannot extend beyond the execution of the GMP Change Order. By definition, all services provided after the execution of the GMP Change Order are Construction Phase Services and are included in the GMP.
Effect of GMP Change Order. The Preconstruction Phase cannot extend beyond the execution of the GMP Change Order. By definition, all services provided after the execution of the GMP Change Order are Construction Phase Services and are included in the GMP. When CM/GC Proposes a GMP Change Order, any earned but unbilled balance of the Preconstruction Fee shall be invoiced for payment. Upon acceptance of the GMP Change Order by Owner, the GMP Change Order shall exclusively govern the compensation to CM/GC for all fees and services thereafter provided by CM/GC and all services previously provided for which payment has not been made or application for payment made or invoice submitted.
Effect of GMP Change Order. 3.2.12 Cumulative Effect of Component Change Orders.
Effect of GMP Change Order. 4.2.6 Form of Applications for Payment.
Effect of GMP Change Order. At the time Design-Builder submits its GMP Change Order proposal under Article 4.1, Design-Builder shall incorporate into the Estimated Cost, Contingency, and Fee components of the proposed Guaranteed Maximum Price the corresponding components or lump sum amounts of all Change Order Sums stated in all Component Change Orders accepted as of that date by the Owner. The Owner shall receive a credit for payments it has made under all Component Change Orders after approval of the GMP Change Order.
Effect of GMP Change Order. At the time CM/GC submits its GMP Change Order proposal under Article 4.1, CM/GC shall incorporate into the Estimated Cost, Contingency, and Fee components of the proposed Guaranteed Maximum Price the corresponding components or lump sum amounts of all Change Order Sums stated in all Component Change Orders accepted as of that date by the Owner. The Owner shall receive a credit for payments it has made under all Component Change Orders after approval of the GMP Change Order.
Effect of GMP Change Order. Upon execution of the GMP Change Order, each Component Change Order shall be incorporated into GMP Change Order and Owner shall receive a credit for all payments on Component Change Orders toward the GMP.
Effect of GMP Change Order. GMP Change Order shall bring forward and incorporate on a line-item basis all Component Change Orders that preceded it, including their respective Design-Builder Construction Fee, Design-Builder Construction Overhead Costs, and Cost of the Work, giving full credit to UGAA for all amounts paid for each. Cost of the Work, Design-Builder Construction Fee, and Design-Builder Construction Overhead Costs components of the Component Change Order Sums shall be cumulative so that the aggregate of those components of all Component Change Orders that are executed at any time shall be available for payment to Design-Builder where incurred, substantiated, and approved by UGAA in the performance of Component Change Order Work. Design-Builder Preconstruction Fee and Design-Builder Preconstruction Overhead Costs shall be accounted for separately from the GMP Change Order and any Component Change Orders, and are not part of the GMP.
Effect of GMP Change Order. At the time CMR submits its GMP Change Order proposal under Section 4.1, the cost components in all Component Change Orders accepted by the Board as of that date shall be incorporated into the corresponding GMP cost components (See Section 3.3.1.3). The Board shall receive a credit for payments it has made under all Component Change Orders after approval of the GMP Change Order.
Effect of GMP Change Order. 3.2.13 Cumulative Effect of Construction Orders.
