Work Package Authorizations. Owner may identify various portions of the Work that may be ready for construction before it is appropriate to arrive at a Final Guaranteed Maximum Price for the entire Project (a “Work Package”). If the Owner elects to proceed with any Work Packages before the parties arrive at a Final Guaranteed Maximum Price, the Construction Manager shall develop a proposal for “Work Package Authorization” for each Work Package identified by the Owner as follows: The Construction Manager shall prepare a proposal for any particular portion of the Work identified by the Owner as a candidate for a Work Package by preparing a proposed Work Package Authorization. Each proposed Work Package Authorization will include, for the particular Work Package or phase of Work, the information and supporting details set forth for the Construction Manager’s Final Guaranteed Maximum Price Proposal in Section
Appears in 1 contract
Sources: Standard Form of Agreement Between Owner and Construction Manager as Constructor
Work Package Authorizations. Owner may identify various portions of the Work that may be ready for construction before it is appropriate to arrive at a Final an overall Guaranteed Maximum Price for the entire Project (a “"Work Package”"). If the Owner elects to proceed with any Work Packages before the parties arrive at a Final an overall Guaranteed Maximum Price, the Construction Manager Design-Builder shall develop a proposal for “"Work Package Authorization” " for each Work Package identified by the Owner as follows: The Construction Manager Design-Builder shall prepare a proposal for any particular portion of the Work identified by the Owner as a candidate for a Work Package by preparing a proposed Work Package Authorization. Each proposed Work Package Authorization will include, for the particular Work Package or phase of Work, the information and supporting details set forth for the Construction ManagerDesign-Builder’s Final Guaranteed Maximum Price Proposal in SectionSection 4.4.1 below. When the proposal for any portion of the Work is agreed upon by the Owner and Design-Builder, the Owner and
Appears in 1 contract
Sources: Standard Form of Agreement Between Owner and Design Builder