Percentage of Construction Cost Method Sample Clauses

Percentage of Construction Cost Method. When the method of compensation is determined to be by percentage of construction cost, the rate of the percentage of construction cost on an individual Project shall be %. The Material Testing Consultant’s percentage of construction cost on an individual Project shall be all-inclusive. The Material Testing Consultant shall be entitled to payment on an individual Project for the authorized Reimbursable Expenses provided in Paragraph 6.8 herein under the percentage of construction cost method.
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Percentage of Construction Cost Method. The School District agrees to pay the Architectural Designer for Basic Services actually performed on the Project according to the following Project phase time schedule: Project Phase Payment Amount Project bid documents of Project; cost estimates shall be reviewed and accepted by the School District before ▇▇▇▇▇▇▇▇ can be processed completion and resolution of all project change orders
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Percentage of Construction Cost Method. The rate of the percentage of construction cost on an individual project shall be determined as follows: Project Construction Value Proposed Fee Up to $25,000 % $25,001 to $50,000 % $50,001 to $100,000 % $100,001 to $200,000 % $200,001 to $400,000 % $400,001 to $1,000,000 % Over $1,000,000 % The Architectural Designer’s percentage of construction cost on an individual project shall be all- inclusive. The Architectural Designer shall be entitled to payment on an individual project for the authorized Reimbursable Expenses provided in Paragraph 6.8 herein under the percentage of construction cost method.
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Percentage of Construction Cost Method. The School District agrees to pay the Architectural Designer for Basic Services actually performed on the Project according to the following Project phase time schedule: Phase I: through to preparation of 55% of fee based on detailed cost estimates Project bid documents of Project; cost estimates shall be reviewed and accepted by the School District before ▇▇▇▇▇▇▇▇ can be processed Phase II: at Project bid opening 10% of fee based on the lowest responsible bid (total to 65% of the adjusted fee) Phase III: at completion of all Project shop 10% of fee based on the lowest responsible drawings and submittals bid (total to 75% of the adjusted fee) Phase IV: at Project construction completion 25% balance of the adjusted fee through Project commissioning program completion and resolution of all project change orders
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Percentage of Construction Cost Method. The School District agrees to pay the Commissioning Agent for Services actually performed on the assigned Project(s) according to the following Project phase time schedule: Project Phase Payment Amount Project bid documents of Project; estimated cost shall be reviewed and certified by the School District before billing can be processed through to Project commissioning program completion and resolution of all project change orders
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Percentage of Construction Cost Method. The rate of the percentage of construction cost on an individual project shall be determined based upon the Project Construction and Proposed Fees set forth in the Fee Proposal of the MEP & FP Engineer, which is attached as part of Exhibit E, and incorporated by reference into this Contract. The MEP & FP Engineer’s percentage of construction cost on an individual project shall be all-inclusive. The MEP & FP Engineer shall be entitled to payment on an individual project for the authorized Reimbursable Expenses provided in Paragraph 6.8 herein under the percentage of construction cost method.
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Percentage of Construction Cost Method. The rate of the percentage of construction cost on an individual project shall be determined as follows: Project Construction Value Proposed Fee Under $1,000,000 % $1,000,000 - $3,000,000 % Over $3,000,000 % The Commissioning Agent’s percentage of construction cost on an individual project shall be all- inclusive. The Commissioning Agent shall be entitled to payment on an individual project for the authorized Reimbursable Expenses provided in Paragraph 6.8 herein under the percentage of construction cost method.
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Percentage of Construction Cost Method. The School District agrees to pay the MEP Engineer for Basic Services actually performed on the Project according to the following Project phase time schedule: Project Phase Payment Amount Schematic Design Phase Up to 20% of base fee Design Development Phase Up to 20% of base fee (NTE 40%) Construction Documents Up to 20% of base fee (NTE 60%) Bid Opening 10% of fee based on the lowest responsible bid (NTE70% of the adjusted fee) Completion of all Project Shop 15% of adjustedfee (NTE 85%) Drawings and Submittals Project Construction Completion 15% balance of the adjusted fee Through Resolution of All Change Orders
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Percentage of Construction Cost Method. The rate of the percentage of construction cost on an individual project shall be determined as follows: Project Construction Value Projects constructed by School District Staff Projects constructed by Contractors Up to $25,000 % % $25,001 to $50,000 $50,001 to $100,000 $100,001 to $200,000 $200,001 to $400,000 $400,001 to $1,000,000 Over $1,000,000 % % % % % % % The Structural Designer’s percentage of construction cost on an individual project shall be all- inclusive. The Structural Designer shall be entitled to payment on an individual project for the authorized Reimbursable Expenses provided in Paragraph 6.8 herein under the percentage of construction cost method.
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Related to Percentage of Construction Cost Method

  • Cost of Construction 1. During the Schematic Design, Design Development, and Construction Document Phases, the ARCHITECT’s estimates of Construction Cost shall be reconciled against the Budget approved by the DISTRICT pursuant to Article IV, Section 2. 2. The PROJECT’s “Construction Cost,” as used in this AGREEMENT, means the total cost to the DISTRICT of all work designed or specified by the ARCHITECT, which includes the total award from the initial construction Contract(s) plus the work covered by approved change orders and/or any alternates approved by the DISTRICT. The Construction Cost shall not include any costs that are not specifically referenced in this Article V, Section 2, as approved costs. Costs excluded from the Construction Cost include, but are not limited to, payments to the ARCHITECT or other DISTRICT consultants, costs of inspections, surveys, tests, and landscaping not included in PROJECT. 3. If the PROJECT is using the multiple-prime delivery method of construction, the Construction Manager’s fees and/or general conditions will only be included in the total Construction Cost used to calculate the ARCHITECT’s fee only if agreed upon in writing by the DISTRICT. Absent any written agreement, the Construction Manager’s fees or general conditions shall not be included in the total Construction Cost used to calculate the ARCHITECT’s fee. 4. When labor or material is furnished by the DISTRICT below its market cost, the Construction Cost shall be based upon current market cost of labor and new material. 5. The Construction Cost shall be the acceptable estimate of Construction Costs to the DISTRICT as submitted by the ARCHITECT until such time as bids have been received, whereupon it shall be the bid amount of the lowest responsible responsive bidder. 6. Any Budget or fixed limit of Construction Cost shall be adjusted if the bidding has not commenced within ninety (90) days after the ARCHITECT submits the Construction Documents to the DISTRICT to reflect changes in the general level of prices in the construction industry between the date of submission of the Construction Documents to the DISTRICT and the date on which bids are sought for the PROJECT. 7. If the lowest bid received exceeds the Budget: a. The DISTRICT may give written approval of an increase of such fixed limit and proceed with the construction of the PROJECT; b. The DISTRICT may authorize rebidding of the PROJECT within a reasonable time; c. If the PROJECT is abandoned, the DISTRICT may terminate this AGREEMENT in accordance with Article VIII, Section 2; d. The DISTRICT may request the ARCHITECT prepare, at no additional cost, deductive change packages that will bring the PROJECT within the Budget; or e. The DISTRICT may request the ARCHITECT cooperate in revising the PROJECT scope and quality as required to reduce the Construction Cost. 8. If the DISTRICT chooses to proceed under Article V, Section 7(e), the ARCHITECT, without additional charge, agrees to redesign the PROJECT until the PROJECT is brought within the Budget set forth in this AGREEMENT. Redesign does not mean phasing or removal of parts of the PROJECT unless agreed to in writing by the DISTRICT. Redesign means the redesign of the PROJECT, with all its component parts, to meet the Budget set forth in this AGREEMENT.

  • PRE-CONSTRUCTION PHASE FEE The Pre-Construction Phase Fee is the total compensation payable to Contractor for the performance of Pre-Construction Phase Services, except for Additional Pre-Construction Phase Services approved in advance and in writing by Owner. The Pre-Construction Phase Fee shall be a lump sum amount based on the AACC established in this Agreement. 6.1 Except as specifically allowed by Owner, Contractor shall not be entitled to any increase in the Pre-Construction Phase Fee for any costs, expenses, liabilities or other obligations arising from the performance of Pre-Construction Phase Services. 6.2 Costs associated with the following items are specifically, but not exclusively, included in the establishment of the Pre-Construction Phase Fee: profit and profit sharing; general overhead; salaries and labor; housing and relocation; estimating, scheduling and information management systems and software; contract administration; office expenses; printing and copying; consulting fees; legal or accounting fees; cost of money; taxes; insurance premiums and deductibles; bond costs; purchase or rental of equipment; utilities; travel; per diem; fines or penalties; and damage awards. 6.3 If the scope of the Pre-Construction Phase Services is changed materially, the Pre- Construction Phase Fee shall be equitably adjusted. If the AACC is changed materially before acceptance of the GMP Proposal, the Pre-Construction Phase Fee shall be adjusted in writing in proportion to the change in the AACC. There shall be no adjustments in the Pre-Construction Phase Fee following acceptance of the GMP Proposal. 6.4 For Additional Pre-Construction Phase Services that are approved in advance and in writing by Owner, Contractor shall be entitled to additional compensation computed as follows: 6.4.1 A pre-established lump sum amount; or 6.4.2 The hourly cost of Contractor’s employees or consultants who actually perform the Additional Services based on the employee’s Worker Wage Rate or prorated Monthly Rate plus the actual cost of allowable expenses incurred in the performance of the Additional Pre-Construction Phase Services, plus an overhead and profit markup of ten percent (10%) of the total cost; or 6.4.3 As otherwise agreed in advance and in writing.

  • DAF Construction The DAF shall be designed and constructed in accordance with Good Utility Practice. Within one hundred twenty (120) Calendar Days after the Commercial Operation Date, unless the Developer and Connecting Transmission Owner agree on another mutually acceptable deadline, the Developer shall deliver to the Connecting Transmission Owner and NYISO “as- built” drawings, information and documents for the DAF, such as: a one-line diagram, a site plan showing the Large Generating Facility and the DAF, plan and elevation drawings showing the layout of the DAF, a relay functional diagram, relaying AC and DC schematic wiring diagrams and relay settings for all facilities associated with the Developer’s step-up transformers, the facilities connecting the Large Generating Facility to the step-up transformers and the DAF, and the impedances (determined by factory tests) for the associated step-up transformers and the Large Generating Facility. The Developer shall provide to, and coordinate with, Connecting Transmission Owner and NYISO with respect to proposed specifications for the excitation system, automatic voltage regulator, Large Generating Facility control and protection settings, transformer tap settings, and communications, if applicable.

  • Pre-Construction Phase Provide Workers’ Compensation, Comprehensive General Liability and Comprehensive Automobile Liability in the amounts as set forth in the Uniform General Conditions for University of Texas System Building Construction Contracts.

  • ICIF Construction The ICIF shall be designed and constructed in accordance with Good Utility Practice. Within one hundred twenty (120) Calendar Days after the Commercial Operation Date, unless the Parties agree on another mutually acceptable deadline, Interconnection Customer shall deliver to Transmission Provider and Transmission Owner “as-built” drawings, information and documents for the ICIF, such as: a one-line diagram, a site plan showing the Generating Facility and the ICIF, plan and elevation drawings showing the layout of the ICIF, a relay functional diagram, relaying AC and DC schematic wiring diagrams and relay settings for all facilities associated with the Interconnection Customer’s step-up transformers, the facilities connecting the Generating Facility to the step-up transformers and the ICIF, and the impedances (determined by factory tests) for the associated step-up transformers and the Generating Facility. Interconnection Customer shall provide Transmission Provider and Transmission Owner with Interconnection Customer’s specifications for the excitation system, automatic voltage regulator, Generating Facility control and protection settings, transformer tap settings, and communications, if applicable.