|
5
<br /> fixed, including all allowances for General Conditions for each GMP for a defined phase of Work, shall not
<br /> exceed $1,214,194, subject to approval by the Owner and modification and limitation as further set forth
<br /> herein. Owner reserves the right to inspect and/or audit all General Conditions services cost documentation.
<br /> 4. Section 4.4. At no time shall the CMAR Fee, General Conditions, CMAR-GMP Contingency, or the Early
<br /> Completion Bonus Fund exceed the amounts for these respective items within the Total Construction Budget.
<br /> The sum of all GMP must not exceed the Total Construction Budget, including CMAR Fees, overhead, and
<br /> escalation as set forth on the RFQ Data Sheet, unless and to the extent that the Total Construction Budget is
<br /> increased or decreased by the Board.
<br /> 5. Section 5.6.Unless otherwise agreed by the Owner, and provided that the Total Construction Budget remains
<br /> TCB, the total CMAR-GMP Contingency for the Project shall not exceed$752,099. If the Owner changes the
<br /> Total Construction Budget, the CMAR-GMP Contingency shall not exceed four percent (4.0%), as a value
<br /> line item of the sum of the Cost of the Work and the CMAR General Conditions, all as more fully defined in
<br /> this Contract, as of the date when the final GMP is established and approved by the Owner, subject to
<br /> modification and limitation as set forth herein. When each GMP is fixed, the CMAR-GMP Contingency for
<br /> that GMP shall be converted to a lump sum. The entire CMAR Contingency shall be fixed in the final GMP,
<br /> based on the Total Construction Budget at the time of the final GMP, after which the CMAR Contingency
<br /> shall not be adjusted unless an amount is negotiated with Owner requested Change Orders to the Work of the
<br /> Project.
<br /> 6. Section 7.3. Owner will bear the reasonable cost of reproduction and distribution of drawings, sketches,
<br /> specifications and other Construction Documents for use on the project development and by the CMAR and
<br /> its Subcontractors for bidding and administrative purposes, up to an allowance of$5,000. The CMAR shall
<br /> receive clean sets of black line prints on white paper of all drawings provided by the Owner, the CMAR shall
<br /> clearly and legibly record in redline all work-in-place that is at variance with the Contract Documents.
<br /> 7. Section 24.1.Paragraphs 24.1.1 through 24.1.19 are stricken.
<br /> a. 24.1.20. Board approval of GMP#5 June 16th, 2026
<br /> 24.1.21. Substantial Completion November 30th,2027
<br /> 24.1.22. Punch List Completion December 31St, 2027
<br /> 24.1.23 Project Final Completion January 30th,2027
<br /> 24.1.24. Completion of Closeout and Warranty November 30th,2028
<br /> 8. Section 47.1.1 - Commercial General Liability: The CMAR shall ensure that it shall provide
<br /> commercial general liability insurance with a limit of not less than $3,000,000 per occurrence and
<br /> $6,000,000 aggregate. All Subcontractors shall provide commercial general liability insurance with a
<br /> limit of not less than $1,000,000 per occurrence and $2,000,000 aggregate. Coverage must be in a
<br /> form providing coverage not less than the standard Insurance Services Office Form CG 00 01 and
<br /> include products and completed operations,property damage,bodily injury,and personal&advertising
<br /> injury. The products-completed operations coverage shall be provided for a minimum of six (6)years
<br /> following final acceptance of the work. The liability limits required under this Agreement for the
<br /> primary Commercial General Liability insurance, Business Automobile Liability insurance
<br /> and Umbrella/Excess Liability insurance may be satisfied through any combination of limits
<br /> contained on either the primary or excess liability or combined policies of insurance.
<br /> 9. Section 47.1.2 - Commercial Automobile Liability: The CMAR shall ensure that it and all Subcontractors
<br /> shall provide commercial automobile liability insurance of not less than $1,000,000 per occurrence for any
<br /> vehicle.
<br />
|