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• Management of the General Contractor(s) • Keep Owner reasonably informed on a regular
(including through such Contractors, the basis (not less frequently than monthly) of the
Subcontractors) and providing general progress of the design and construction of
monitoring of the construction process for the Project, including, without limitation, the
the purpose of causing the construction and preparation of such reports as are provided
completion of the Project to be conducted by for herein or as may reasonably be requested
such Contractor(s) and Subcontractors in a by Owner or the Owner’s lender. Such monthly
good, workmanlike and expeditious manner reports shall include a summary of Project
in accordance with this Agreement and all costs for the current month, Project costs
Applicable Laws. incurred to the date of the report; and a
comparison of the Final Project Budget with
• Assembling, reviewing and submitting to actual expenditures, variances, and a list of
Owner, with a recommendation regarding future commitments beyond the succeeding
approval of the documents for applications calendar month.
for payments with respect to all requests
for payment under any Project Agreement, • Advising Owner of potential variances between
provided that all such payments shall be scheduled and probable completion dates,
subject to Owner’s Approval, except as reviewing the schedule for work not started
provided in this Article below. or incomplete and consulting with Owner and
the appropriate Contractors and Consultants
• Submission to Owner of suggestions or as to adjustments in the schedule to meet the
requests for changes made by the Project completion date in the Project Schedule, and
Architect or the General Contractor(s) that provide periodic reports of deviations from or
could improve the design, efficiency, or cost proposed changes in the Project Schedule for
of the Project and which Project Manager the Project including an explanation thereof
considers meritorious, together with Project and proposed corrective steps.
Manager’s recommendation with respect
thereto. • Project Manager shall regularly inspect the
progress of construction of the Project.
• Project Manager shall engage only those Project Manager shall verify that the Project
Project Consultants and Contractors (or in the is being completed in accordance with the
case of subcontractors, require the appropriate Final Project Budget and Project Schedule and
Contractors to hire only subcontractors) that substantially in accordance with the Final Plans
are duly licensed and otherwise properly and Specifications, in each case as Approved
qualified under all Applicable Laws to carry out by Owner, or, in the event construction is not
their respective duties under the applicable being so completed, shall promptly notify
Project Agreements. Owner.