Orange County NC Website
27 <br /> 24.1.15. CMAR submits GMP#4 to Owner <br /> 24.1.16.Board approval of GMP#4 <br /> 24.1.17.GMP#5 Design Package Completion <br /> 24.1.18. CMAR submits GMP#5 to Owner <br /> 24.1.19.Presentation of Construction Documents <br /> 24.1.20.Board approval of GMP#5 <br /> 24.1.21. Substantial Completion—Move In <br /> 24.1.22.Punch List Completion <br /> 24.1.23.Project Final Completion <br /> 24.1.24.Completion of Closeout and Warranty <br /> 24.2. The Project shall be brought to Substantial and Final Completion within the time prescribed by the <br /> Project schedule that is updated and established at the time the final GMP is accepted,which shall <br /> be in accord with the foregoing target schedule as extended by the Owner by change order in <br /> accordance with the Contract. <br /> 24.3. If the CMAR is delayed at any time in the progress of its Work by any act or negligence of the <br /> Owner or the Project Designer, or Owner's Separate Contractor(s), or by any employee of either; <br /> by changes ordered in the Work; by any event covered under the builders risk"all risk"policy,by <br /> labor disputes at the Project site;by abnormal weather conditions not reasonably anticipated for the <br /> locality where the Work is performed;by unavoidable casualties; by public health crises including <br /> pandemics/epidemics and governmental actions in response thereto; any causes beyond the <br /> CMAR's control; or by any other causes which the Project Designer and Owner determine may <br /> justify the delay, then the contract time may be extended by change order for the time which the <br /> Project Designer and Owner may determine is reasonable and the Guaranteed Maximum Price <br /> equitably adjusted accordingly by Change Order. Contract defaults or other breaches of any legal <br /> duty by a Subcontractor shall not be grounds for a time extension under this Contract. Time <br /> extensions will not be granted for rain,wind, snow or other natural phenomena of normal intensity <br /> for the locality where Work is performed. For purpose of determining the extent of delay <br /> attributable to unusual weather phenomena, a determination shall be made by comparing the <br /> weather for the contract period involved with the average of the preceding twenty (20) year <br /> climatic range during the same time interval based on the National Oceanic and Atmospheric <br /> Administration National Weather Service statistics for the locality where Work is performed and on <br /> daily weather logs kept on the job site by the CMAR reflecting the effect of the weather on <br /> progress of the Work and initialed by the Project Designer. Time extensions for weather delays <br /> shall not entitle the CMAR to an increase in the GMP. <br /> 24.4. It is the CMAR's responsibility to meet the required construction completion dates, as extended by <br /> the Owner in accordance with the Contract. As an inducement to the CMAR to meet the required <br /> substantial completion date for the Project, the Owner will include in the Total Construction <br /> Budget an Early Completion Bonus Fund amount of one percent(1.0%)of the actual Project GMP, <br /> which shall be payable to the CMAR as an Early Completion Bonus if the Project is completed <br /> prior to the substantial completion date, as extended in accordance with this Contract and further <br /> provided that the Project is completed under budget and so long as including payment of the Early <br /> Completion Bonus Fund does not result in an amount that exceeds the Total Construction Budget. <br /> Page 24 of 52 <br /> Revised 12/24,4/25 <br />