Laserfiche WebLink
<br />L. The Architect is and means Ware Bonsall Architects, and are the architects or <br />engineers or both (and their consultants) which have undertaken to design the Project and to provide <br />Project construction administration during the course of the construction pursuant to a contract with <br />the Owner. <br /> <br />M. The Construction Manager at Risk or CM, as those terms may be used <br />interchangeably, means and refers to Turner Construction Company who is the Owner's fiduciary <br />responsible for undertaking all necessary action contemplated under the Contract Documents to <br />(a) establish a Guaranteed Maximum Price (GMP) for the construction of the Project; and (b) to <br />ensure timely and quality completion of the Project at a cost within the GMP and within the contract <br />completion time. <br /> <br />N. A subcontractor, as the term is used herein, shall be a party with whom or through <br />whom the CM has entered into a contract to provide labor, materials or equipment for any part of the <br />Work. <br /> <br />0, Work, as used herein as a noun, is intended to include materials, labor, workmanship <br />and equipment of the appropriate contractor for the construction of the Project. <br /> <br />p, The Project is the total construction Work to be performed under the Contract <br />Documents. <br /> <br />Q. Change Order, as used herein, shall mean a written order to the CM subsequent to <br />the signing of the contract authorizing a change in the contract. The change order shall be signed by <br />the CM, architect, and Owner, in that order. <br /> <br />R. Field Order, as used herein, shall mean a written approval for the CM to proceed with <br />the Work requested by the Owner prior to issuance ofa formal Change Order. The field order shall be <br />signed by the CM, architect, and Owner, in that order. <br /> <br />S. Guaranteed Maximum Price, or GMP, is the total cost for the labor, materials and <br />equipment to be used in the construction of the Project as reflected upon all of the SubcontractOr <br />contracts; the CM F ee (as hereinafter described); the Contingency (as hereinafter described); and the <br />General Conditions reimbursement (as hereinafter described). <br /> <br />T. Liquidated damages, as stated in the Contract Documents, is an amount reasonably <br />estimated in advance to cover the losses incurred by the Owner by reason of failure of the CM to <br />complete the Work within the time specified. <br /> <br />U. Surety, as used herein, shall mean the bonding company or corporate body which is <br />bound with and for the CM, and which engages to be responsible for the CM and its acceptable <br />performance of the Work. <br /> <br />EE:00049951. <br /> <br />-2- <br /> <br />"j:'-4 <br />