Directive to Proceed. In the event the CM and the Owner cannot agree that an adjustment to the GMP or the Master Schedule is warranted, or cannot agree on the compensation for a change in the Work or on an increase in the GMP, the CM shall, if so directed by the Owner in writing, nevertheless proceed with the Work, and maintain cost-segregated cost records for all work for which the CM believes an adjustment might be warranted. Such cost records shall be provided to the Owner at least monthly. Any adjustment to the GMP shall be negotiated by the parties at a later date utilizing the dispute resolution procedures under this Agreement if necessary.
Appears in 2 contracts
Sources: Architect Contract, Construction Management Agreement
Directive to Proceed. In the event the CM and the Owner cannot agree that an adjustment to the GMP or the Master School Project Schedule is warranted, or cannot agree on the compensation for a change in the Work or on an increase in the GMP, the CM shall, if so directed by the Owner in writing, nevertheless proceed with the Work, and maintain cost-cost- segregated cost records for all work for which the CM believes an adjustment might be warranted. Such cost records shall be provided to the Owner at least monthly. Any adjustment to the GMP shall be negotiated by the parties at a later date utilizing the dispute resolution procedures under this Agreement if necessary.
Appears in 1 contract
Sources: Architect Contract