Construction Manager’s Fee definition

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 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 Partieswritten consent prior to executing such Work, and the cost of such Work is separately identified in Construction Manager’s Applications for Payment.
Construction Manager’s Fee means the amount set forth in the Schedule of Project Details.

Examples of Construction Manager’s Fee in a sentence

  • The Contract Sum is the Cost of the Work as defined in Section 6.1.1 plus the Construction Manager’s Fee.

  • The Contract Sum is the Cost of the Work as defined in Article 7 plus the Construction Manager’s Fee.

  • In such case, the Guaranteed Maximum Price and Contract Time shall be increased as provided in Section 14.3.2 of AIA Document A201–2007, except that the term “profit” shall be understood to mean the Construction Manager’s Fee as described in Sections 5.1 and 5.3.5 of this Agreement.

  • The Guaranteed Maximum Price in the proposal shall be the sum of the Construction Manager’s estimate of the Cost of the Work, including contingencies described in Section 2.2.4, and the Construction Manager’s Fee.

  • 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.

  • In accordance with Section 8.2, the Construction Manager’s Fee for allowable changes in the Work beyond the Fee Allowance shall be calculated as % of the cost of the applicable Change Order(s).

  • 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.

  • 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 Sections6.1 and 6.3.5 of this Agreement.

  • The amount of the Construction Manager’s Fee is set forth in the Schedule of Project Details.

  • The Schedule of Values shall allocate the entire Guaranteed Maximum Price among the various portions of the Work, except that the Construction Manager’s Fee shall be shown as a single separate item.


More Definitions of Construction Manager’s Fee

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 or “CM Fee” has the meaning set forth in Section 6.4 hereof.
Construction Manager’s Fee means a fixed dollar amount that the Owner agrees to pay the Construction Manager for the performance of selected construction management services during the design and construction phase of a project. A change in the Scope of Services as set forth in the Construction Management Contract may constitute a basis for negotiations for revision in the Construction Manager's fee. The CM's fee includes the following items:

Related to Construction Manager’s Fee

  • Construction management contract means a contract in which a party is retained by the owner to

  • Construction Services means either of the following for construction-manager-at-risk, design-build and job-order-contracting project delivery methods:

  • construction site means a workplace where construction work is being performed;

  • Stormwater management BMP means an excavation or embankment and related areas designed to retain stormwater runoff. A stormwater management BMP may either be normally dry (that is, a detention basin or infiltration system), retain water in a permanent pool (a retention basin), or be planted mainly with wetland vegetation (most constructed stormwater wetlands).

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Utilization management section means “you or your authorized representative.” Your representative will also receive all notices and benefit determinations.

  • Project Manager means the principal employee or agent of the Recipient having administrative authority over the Project designated in Appendix B pursuant to Section VI hereof, or authorized designee as per written notification to the Director.

  • Project Management The individuals appointed by each Party cf. clause 4.1 in the Agreement.