Design-Builder. The Developer will enter into the Design Build Contract with ▇▇▇▇▇▇ ▇▇▇▇▇▇ Construction Co. to construct the Building Improvements for each Phase (the “Design Builder”). The Developer shall cause the Design Builder to identify competent personnel to be the on-site construction management team from the start of the construction of the Building Improvements through Final Completion and the completion of the Construction Punch List Work, for the prior approval of the Developer, who shall be present on-site at the Project during normal working hours to be responsible for supervising all subcontractors and all other Persons providing goods, work and services with respect to the construction of the Building Improvements. The Developer will also enter into an indemnification and guaranty agreement with the Design Builder indemnifying the Developer for any Building Construction Costs in excess of the Construction Budget and the payment of any applicable Design Builder Liquidated Damages (the “Design Builder Indemnity”).
Appears in 4 contracts
Sources: Predevelopment Services Agreement, Predevelopment Services Agreement, Predevelopment Services Agreement