Common use of Allowance Items and Allowance Values Clause in Contracts

Allowance Items and Allowance Values. 18.5.1 ▇▇▇▇ Firm and City shall: (a) collaborate in good faith to review the Allowance Items and Allowance Values based on design information then available to determine that the Allowance Values constitute reasonable estimates for the Allowance Items; and (b) collaborate in good faith during the preparation of the design to develop Construction Documents consistent with the Allowance Values. 18.5.2 For each Allowance Item, the City Representative shall give CMAR Firm a written instruction either deleting that Allowance Item from the Agreement or requiring CMAR Firm to proceed with the relevant Allowance Item (prior to ▇▇▇▇ Firm proceeding with such Work). 18.5.3 If any Allowance Item is deleted from this Agreement: (a) the Target Cost of the Work and the applicable GMP will be reduced by the Allowance Value; (b) the CMAR Firm’s Fee only for each Early Construction Phase or Construction Phase, as applicable, will be reduced by a percentage of the CMAR Firm’s Fee that is equal to the dividend of the Allowance Value of the deleted Allowance Item divided by the Target Cost of the Work, as shown below: Reduction in CMAR Firm’s Fee = (Allowance Value of Deleted Allowance Item ÷ Target Cost of the Work); and (c) City may engage an Other Contractor to carry out the Allowance Item or perform such Allowance Item itself. 18.5.4 All other costs and Construction Work Fixed General Conditions Cost are deemed to be included in the original Preconstruction Phase Services Fee, any Early Construction Phase GMP or Construction Phase GMP (as applicable) and are not subject to adjustment, regardless of the actual costs of the Allowance Item. 18.5.5 If the actual costs for an Allowance Item differs from the stated Allowance Value, the Target Cost of the Work, ▇▇▇▇ Firm’s Fee and applicable GMP shall be adjusted accordingly by Change Order; however, CMAR Firm shall provide written notice of the difference between the actual cost and the Allowance Value. The amount of the Change Order shall identify the difference between actual costs incurred by CMAR Firm for the particular Allowance Item and the Allowance Value and reflect a proportional adjustment to the ▇▇▇▇ Firm’s Fee.

Allowance Items and Allowance Values. 18.5.1 18.4.1 ▇▇▇▇ Firm and City shall: (a) collaborate in good faith to review the Allowance Items and Allowance Values based on design information then available to determine that the Allowance Values constitute reasonable estimates for the Allowance Items; and (b) collaborate in good faith during the preparation of the design to develop Construction Documents consistent with the Allowance Values. 18.5.2 18.4.2 For each Allowance Item, the City Representative shall give CMAR ▇▇▇▇ Firm a written instruction either deleting that Allowance Item from the Agreement or requiring CMAR ▇▇▇▇ Firm to proceed with the relevant Allowance Item (prior to ▇▇▇▇ Firm proceeding with such Work). 18.5.3 18.4.3 If any Allowance Item is deleted from this Agreement: (a) the Target Cost of the Work and the applicable GMP will be reduced by the Allowance Value; (b) the CMAR ▇▇▇▇ Firm’s Fee only for each Early Construction Phase or Construction Phase, as applicable, only will be reduced by a percentage of the CMAR ▇▇▇▇ Firm’s Fee that is equal to the dividend of the Allowance Value of the deleted Allowance Item divided by the Target Cost of the Work, as shown below: : (c) Reduction in CMAR ▇▇▇▇ Firm’s Fee = (Allowance Value of Deleted Allowance Item ÷ Target Cost of the Work); and (cd) City may engage an Other Contractor to carry out the Allowance Item or perform such Allowance Item itself. 18.5.4 18.4.4 All other costs and Construction Work Phase Fixed General Conditions Cost are deemed to be included in the original Preconstruction Phase Services Fee, any Early Construction Phase GMP Fee or Construction Phase GMP (as applicable) and are not subject to adjustment, regardless of the actual costs of the Allowance Item. 18.5.5 18.4.5 If the actual costs for an Allowance Item differs from the stated Allowance Value, the Target Cost of the Work, ▇▇▇▇ Firm’s Fee and applicable GMP shall be adjusted accordingly by Change Order; however, CMAR ▇▇▇▇ Firm shall provide written notice of the difference between the actual cost and the Allowance Value. The amount of the Change Order shall identify the difference between actual costs incurred by CMAR ▇▇▇▇ Firm for the particular Allowance Item and the Allowance Value and reflect a proportional adjustment to the ▇▇▇▇ Firm’s Fee.