Common use of Preconstruction Clause in Contracts

Preconstruction. From the commencement of the Preconstruction Period through the end of the Preconstruction Period, monthly payments on account of the General Conditions Costs shall be made. The amount of the monthly payments shall be determined by applying the percentage of completion of the Preconstruction General Conditions work set forth in Exhibit GC as approved by DCAMM on the Schedule of Values, and deducting from such value any amounts previously paid to the CM on account of Preconstruction General Conditions Costs. For each month or partial month during the period from the commencement of the Preconstruction Period, through the period when Preconstruction services end, the CM shall submit a monthly invoice to DCAMM requesting payment of the Preconstruction General Conditions Costs. Payment shall be processed in accordance with Article VIII of the General Conditions of the Contract.