Reconciled definition

Reconciled means that the CM/GC and Architect have verified that their assumptions about the various categories are the same, and that they have identified the reason for differences in the GMP Change Request and the Architect's position. CM/GC shall submit the Reconciled GMP Change Request to Owner, which submission shall be a condition to any CM/GC claim for a GMP increase.

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Reconciled means that the Construction Manager at Risk and Design Professional have verified that their assumptions about the various categories are the same, and that identifies the reason for differences in the GMP Change Request and the Design Professional's position. Construction Manager at Risk shall submit the Reconciled GMP Change Request to Owner, which submission shall be a condition to any Construction Manager at Risk claim for a GMP increase.

Reconciled means that Contractor and the Architect have verified that their assumptions about the various categories are the same, and that they have identified the reason for differences in the GMP Change Request and the Architect’s position. Contractor shall submit the Reconciled GMP Change Request to Owner, which submission shall be a condition to any Contractor claim for a GMP increase.

Examples of Reconciled in a sentence

• The Seller shall not accept any sale offer for an REO Property that is more than 10% below the Reconciled Market Value of the REO Property without the prior written consent of the Purchaser.

• Reconciled Construction Cost Estimates shall be prepared at the conclusion of the Schematic Design Phase, at the conclusion of the Design Development Phase, when Construction Documents are approximately 50% complete and prior to the submission of the Guaranteed Maximum Price Proposal.

• At appropriate intervals prior to agreement on the GMP change order, the Design Professional shall review the Construction Cost Estimate provided by the CM/GC and with the CM/GC develop the Reconciled Construction Cost Estimate, consisting of a composite of the Design Professional's Estimate of Probable Construction Cost and the CM/GC's Construction Cost Estimate, each separately derived and each based upon the Program and design documents prepared by the Design Professional.

• CM/GC shall submit the Reconciled GMP Change Request to Owner, which submission shall be a condition to any CM/GC claim for a GMP increase.

• The Servicer shall not accept any sale offer for an REO Property that is more than 10% below the Reconciled Market Value of the REO Property without the prior written consent of the Owner.

More Definitions of Reconciled

Reconciled shall have a similar meaning;

Reconciled in respect of the Charges referred to herein, means to settle an indicative charge against the actual charge;

Reconciled means that the CM/GC and Engineer have verified that their assumptions about the various categories are the same, and that they have identified the reason for differences in

Reconciled means that the CM AT RISK and Architect have verified that their assumptions about the various categories are the same, and that identifies the reason for differences in the GMP Change Request and the Architect’s position. CM AT RISK shall submit the Reconciled GMP Change Request to Owner, which submission shall be a condition to any CM AT RISK claim for a GMP increase.

Reconciled means it has cleared UH bank

Reconciled means the section text is retained but the text has been reconciled with the same or similar sections from other plan areas. This differs from text that has been retained as is without changes.

Reconciled means that the CM/GC, City and Engineer have verified that their assumptions about the various categories are the same, and that they have identified the reason for differences in the request and the City and/or Engineer's position. CM/GC shall submit the reconciled request to City, which submission shall be a condition to any CM/GC claim for a GMP increase.