BUDGETING AND GUARANTEED MAXIMUM PRICE Sample Clauses

BUDGETING AND GUARANTEED MAXIMUM PRICE. 2.2.2.1 The CM@Risk shall provide the Pre-Construction Services for the Pre-Construction Phase Fee identified in the Agreement. That fee will be earned based upon the amount of Design Phase Work completed. That fee shall be billed and payable monthly as a percentage of completion of Pre-Construction Services. The Construction Phase Services of CM@Risk will be provided based upon an Open Book Cost of the Work, plus the separate Construction Phase Fee for CM@Risk identified in the Agreement, which together comprise the GMP as set forth in Section 2.2.2.2 below.
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BUDGETING AND GUARANTEED MAXIMUM PRICE. 2.8.1 Design-Builder shall provide the Design and Pre-Construction Phase Services for the Design and Pre-Construction Phase Fee identified in the Agreement. That fee will be earned based upon the amount of Design Phase Work completed. That fee shall be billed and payable monthly as a percentage of completion of Design Phase Services. The Construction Phase Services of Design-Builder will be provided based upon an Open Book Cost of the Work, plus the separate Construction General Conditions and Construction Phase Fee for Design-Builder identified in the Agreement, which together comprise the GMP as set forth in Article 2.8.2 below.
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BUDGETING AND GUARANTEED MAXIMUM PRICE. 2.2.2.1 The XXXX shall provide pre-construction phase services for the Pre- construction Phase Services Fee, which will be earned based upon the amount of preconstruction phase design development work completed. This fee shall be payable monthly as a percentage of completion of the pre-construction phase services. The construction phase services will be provided based upon an Open Book Cost of the construction Work as listed in Exhibit C included in the Final GMP Setting Modification (defined in Section 2.2.2.5 below), plus the Construction Phase Services Fee identified in the completed Exhibit C also included in the Final GMP Setting Modification (defined in Section 2.2.2.5 below). In no event, shall the aggregate payments by Owner to Contractor for all pre-construction phase and construction phase Work exceed the Guaranteed Maximum Price.
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