Pre-Construction Fee definition

Pre-Construction Fee means the fixed lump sum fee payable to the Construction Manager for the Work performed during the Pre-Construction Phase related to the Project, accepted by the City and the Construction Manager, which fee includes all direct and indirect costs incurred by the Construction Manager in the proper performance of the design, bid and award services.
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Pre-Construction Fee means the fixed lump sum fee payable to the Construction Manager for the Work performed during the Pre-Construction Phase related to the Project, accepted by the City and the Construction Manager, which fee includes all direct and indirect costs incurred by the Construction Manager in the proper performance of the design, bid and award services. Pre-Construction Phase Services means the services the Construction Manager shall perform for the design phase of the Agreement and culminates with the exercise by City of one of the City’s options regarding the GMP proposal. Pre-Construction Work means all work required by this Agreement during the Pre-Construction Phase of the Project.
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Examples of Pre-Construction Fee in a sentence

  • The Pre-Construction Fee shall be paid based upon the completion of formal estimates at the phase of the project specified in Article 2.1.4 (a, b and c) of the Agreement and the Solicitation of Bids specified in Article 2.2.5 of the Agreement.

  • If the parties do not agree a sum, the Employer shall pay the Contractor a fair and reasonable sum taking into account any rates and prices agreed between the parties for any Additional Services and any rates and prices used to calculate the Pre-Construction Fee.

  • In such event, Contractor shall be entitled to payment for work satisfactorily completed, in an amount not to exceed the Pre-Construction Fee.

  • The Pre-Construction Fee includes specifically, without limitation, the following: profit and profit sharing; general overhead; salaries and labor; estimating, scheduling and information management systems and software; contract administration; office expenses; printing and copying; consulting fees; legal or accounting fees; cost of money; taxes; insurance premiums and deductibles; bond costs; purchase or rental of equipment; utilities; travel; per diem; fines or penalties; and damage awards.

  • Contractor’s Pre-Construction Fee The General Contractor, TBD., shall earn a Base Fee of $ 00000.00 for pre-construction services as outlined in Table 4-1 –Contractor Pre-Construction Breakout.

  • If the scope of the Pre-Construction Phase Services (whether Pre-Construction Services or Design Services or both) is changed materially by the Owner, the Pre-Construction Fee and/or the Design Services Fee, as applicable, shall be equitably adjusted through negotiation with the Owner or as otherwise expressly provided by the Contract Documents.

  • The due date for payment of instalments of the Pre-Construction Fee shall be the day, on a monthly basis, 7 (seven) days after the date of receipt by the Employer (or his representative nominated for that purpose) of the Contractor’s valid invoice for sums to which the Contractor has become entitled.

  • The due date for payment of any such sum shall be the next payment date, following completion of those Additional Services, for payment of an instalment of the Pre-Construction Fee, as referred to in Part 1 of Schedule 3.

  • The amount of money appropriated will be equal to or in excess of the contract amount as forth in the Bid Proposal for the Pre-Construction Fee.

  • The due date for payment of any such sum shall be the next payment date, following completion of the Additional Services, for payment of an instalment of the Pre-Construction Fee, as referred to in Part 1 of Schedule 3(Payments).