<br />B. Phases of Construction.. .........." ........ ......................,...,..............,................. ,..... 10
<br />C, Proposal of Guaranteed Maximum Price.........................;................................... 11
<br />D. Further Development of Guaranteed Maximum Price ......................................... 11
<br />E. Contingency Amount .........................................................................................11
<br />F. Basis of Guaranteed Maximum Price.................................................................. 11
<br />G. Profit on Labor and Material..........................,...............................................:... 12
<br />H. Guaranteed Maximum Price Proposal................................................................. 12
<br />I. Risk Upon Construction Manager ...........................................................,..........13
<br />J. Acceptance of the Guaranteed Maximum Price................................................... 13
<br />
<br />K. Revisions of Drawings. .....,..,.......,.. .....,...................,..,...,..,..................,.,......,..,. 13
<br />L. Taxes Related to Guaranteed Maximum Price ....................................................13
<br />M. Meetings During Course of Construction ...........................................................14
<br />N. Monthly Reports; Daily Logs .............................................................,...............14
<br />O. Cost Control System.......,..................................................................................15
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<br />P. Phase Closeout.....,.........,......,...... ................,...,......, '... ,...,...... ,..., ,., ,., ,............... 15
<br />Q. Contract Completion Date - Liquidated Damages............................................... 15
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<br />ARTICLE 7 - COMPENSATION FOR PRE-CONSTRUCTION PHASE ................................15
<br />
<br />ARTICLE 8 - COMPENSATION FOR CONSTRUCTION PHASE
<br />A. Compensation fur Construction Phase Services .................................................. 15
<br />. B. Cap on Construction Management Fee
<br />
<br />and General Conditions .......,..............,.............................,.....,........................... 16
<br />C. General Condition Costs .................................................................................... 16
<br />D. Change Orders Affecting Guaranteed Maximum Price;
<br />General Conditions Costs; Time Extension......................................................... 16
<br />E, Retainage on Construction Manager at Risk Fee................................................. 16
<br />F. Payments to Subcontractors ...............................................................................17
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<br />G, Financial Management...,..................., ,........,.......,....................,. ,........,.............. 17
<br />H. Progress Payments .,...........,.....,.........................., ,...........,.. ,..............., ,.,.........., 17
<br />I. Overlap of Services by Construction Manager at Risk ........................................17
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