2008-11-10 Regular Meeting, Public Hearing and Workshop Meeting of the La Porte City Council

Browse Search

Project. $ 6,500.00 § 4.1.2 Compensation for Preconstruction Phase Services shall be equitably adjusted if such services extend beyond ( 30 ) days from the date of this Agreement or if the originally contemplated scope of services is significantly modified. § 4.2.2 Payments are due and payable Thirty( 30 ) days from the date the Construction Manager's invoice is received by the Owner. Amounts unpaid after the date on which payment is due shall bear interest at the rate entered below, or in the absence thereof, at the legal rate prevailing from time to time at the place where the Project is located. per annum Fixed Fee of 5.5 % of the cost of the work. PAGE 11 § 5.1.1 For the Construction Manager's performance of the Work as dese.a.ea in See4en2.�, ,the Owner shall pay the Construction Manager in current funds and subject to the Guaranteed Maximum Price the Contract Sum consisting of the Cost of the Work as defined in Article H 6, the expended portion of the Construction Contin ency as defined in Section 2.2.2, and the Construction Manager's Fee determined as follows: As adjusted by any approved Change Order Notwithstanding the foregoing changes in the Scope of the Work and change orders may be permitted only in accordance with the provisions of the Contract No Construction Manager fee shall be paid on the Construction Manager's Contingency or the Owner's Contingency until funds are allocated from those contingencies to the Cost of the Work All reimbursement for profit; indirect costs,• all telephone bills for all personnel; all facsimile charges,• home office personnel and benefits assigned to the Project,• home office overhead and expenses; home office personnel relocation; all home office accounting audit legal and data processing fees and expenses: and all travel, meals and lodging shall be deemed to be included in the Construction Manager's fee For Owner's approved changes in the Scope of the Work resulting in an increase or decrease in each Guaranteed Maximum Price, the Construction Manager shall receive and increase or decrease in fee General Condition Cost and Reimbursed items as submitted to City in " step 2" Proposal § 5.2.1 The sufn of the Cest of the Wer4 Guaranteed Maximum Price for the Project shall be added to this Agreement by the execution of Amendment No l as approved by Owner's City Council which Amendment No 1 shall thereafter be incgMorated into this Agreement for all purposes The sum of the Cost of the Work, General Conditions of the Contract, and the Construction Manager's Fee are guaranteed by the Construction Manager not to exceed the amount provided in Amendment No. 1 ("Guaranteed Maximum Price"), as approved by Owner's City Council subject to any additions and deductions approved by Owner's City_ Council, due to Owner's City Council -approved changes in the Work as provided in the Contract Doetiments. documents. Such maximum sum as adjusted by approved changes in the Work is referred to in the Contract Documents as the Guaranteed Maximum Price. Costs which would cause the Guaranteed Maximum Price to be exceeded shall be paid by the Construction Manager without reimbursement 1��y the^wn,e-r- Additions and Deletions Report for AIA Document A121 TmCMc — 2003 and AGC Document 565. Copyright © 1991 and 2003 by The American Institute of Architects and The Associated General Contractors of America. All rights reserved. WARNING: This document is protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction or distribution of this document, or any portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law. This document was produced by AIA software at 16:02:34 on 12/01 /2008 under Order No.1000375455_1 which expires on 10/20/2009, and is not for resale. User Notes: (4283007293)