Common use of Contractor’s Construction Clause in Contracts

Contractor’s Construction. Supervision Compensation and the Guaranteed Maximum Contract Price shall be adjusted based on the documented increase in Supervision Cost(s) together with a percentage of such increased Supervision Cost(s) at the percentage rate established in Section 1.5 if the Agreement.

Appears in 1 contract

Sources: Construction Manager / General Contractor Agreement

Contractor’s Construction. Supervision Compensation and the Guaranteed Maximum Contract Price shall be adjusted based on the documented increase in Supervision Cost(s) together with a percentage of such increased Supervision Cost(s) at the percentage rate established in Section 1.5 of the Contract of the documented increase in Additional General Conditions Cost(s) under Section 7.4.2.2, if any, and the Agreementincreased cost of the change in subcontracted Work under Section 7.4.2.3.

Appears in 1 contract

Sources: Construction Manager / General Contractor Contract