Supplementary General Conditions - CCDC5B Construction Management

It is to be issued by the Consultant to supplement the Contract Documents, as required for the performance of the Work.” Page 6 of 40 SCM-043 New Definition 38 – CONTRACT PRICE “Contract Price The Contract Price, which excludes Value Added Taxes, is the sum of the Construction Manager’s Fee for the Work and the Cost of the Work, and is the amount to be agreed to and determined at the completion of. [...] If, in the opinion of the Consultant or the Owner, the Construction Manager makes use of methods or appliances which will not permit the proper execution of the Work or employs inefficient or insufficient labour which will not permit the proper execution of the Work within the Contract Time, the Consultant or the Owner may notify the Construction Manager to improve its construction methods whereup. [...] The adjustment for the Contract Price shall not exceed the actual cost of the Construction Manager’s work for the change in the Work, plus an allowance for overhead and profit as follows: .1 For the Construction Manager, for overhead and profit, 15% of the actual cost of the Construction Manager's work; .2 For the Construction Manager, for overhead and profit, 7.5% of the amount for the Subcontrac. [...] 12.2.3 Delete the following: “Subject to any lien legislation applicable to the Place of Work, as of the fifth calendar day before the expiry of the lien period provided by the lien legislation applicable to the Place of Work, the Owner waives and releases the Construction Manager from” And replace with the following: “The issuance of the Certificate of Completion shall constitute a waiver and rel. [...] WHEREAS the Parties entered into the Agreement dated as of [Insert the date of the Construction Management Agreement] for the construction of the [Insert Name of Project] located at [Insert project Address]; AND WHEREAS pursuant to section 1.4 of Article A-1 of the Agreement, the Parties agreed to set out the mutually agreed to Contract Price amounts and the date by which the Construction Manager.