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SEC Filings

10-Q
ATHENEX, INC. filed this Form 10-Q on 05/09/2019
Entire Document
 

 

TABLE OF ARTICLES

A.1  CONTRACT SUM

A.2  CONTRACT TIME

A.3  INFORMATION UPON WHICH THIRD AMENDMENT IS BASED

A.4  DESIGN-BUILDER’S PERSONNEL, CONTRACTORS AND SUPPLIERS

A.5  COST OF THE WORK

ARTICLE A.1   CONTRACT SUM

§ A.1.1 The Owner shall pay the Design-Builder the Contract Sum in current funds for the Design-Builder’s performance of the Contract after the execution of this Third Amendment.

(Check the appropriate box.)

   ]    Stipulated Sum, in accordance with Section A.1.2 below

   ]    Cost of the Work plus the Design-Builder’s Fee, in accordance with Section A.1.3 below

 XX  ]    Cost of the Work plus the Design-Builder’s Fee with a Guaranteed Maximum Price, in accordance with Section A.1.4 below

(Based on the selection above, complete Section A.1.2, A.1.3 or A.1.4 below.)

§ A.1.2    Not used.

 

§ A.1.3    Not used.

 

§ A.1.4    Cost of the Work Plus Design-Builder’s Fee With a Guaranteed Maximum Price

 

§ A.1.4.1 The Cost of the Work is as defined in Article A.5, Cost of the Work.

 

§ A.1.4.2 The Design-Builder’s Fee:  2.5% of Cost of Work

 

(State a lump sum, percentage of Cost of the Work or other provision for determining the Design-Builder’s Fee and the method for adjustment to the Fee for changes in the Work.)

 

  The Design-Builder’s Fee shall be 2.5% of the Cost of Work.

 

§ A.1.4.3 Guaranteed Maximum Price

 

§ A.1.4.3.1​The sum of the Cost of the Work, the Design-Builder’s Fee, and Pike’s Fee (defined below) is guaranteed by the Design-Builder not to exceed       Two hundred twelve million, five hundred ninety four thousand, eight hundred six dollars ($  212,594,806  ), subject to additions and deductions for changes in the Work as provided in the Design-Build Documents. Costs that would cause the Guaranteed Maximum Price (“GMP”) to be exceeded shall be paid by the Design-Builder without reimbursement by the Owner.

(Insert specific provisions if the Design-Builder is to participate in any savings.)

 

 Design-Builder is entitled to shared savings based on the final Contract cost including Fee (“Final Cost”), being delivered under $212,594,806.  If the Final Cost of the Project is less than $ 212,594,806, then Design-Builder shall be entitled to the first $150,000 (one-hundred and fifty thousand dollars) of the total savings. Thereafter, Design-Builder shall be compensated in a shared savings value, which shall equal Forty Percent (40%) of the difference between the Final Cost and $ 212,444,806 (GMP - $150,000 = $212,444,806).

 

§ A.1.4.3.2 Itemized Statement of the Guaranteed Maximum Price

Provided below is an itemized statement of the Guaranteed Maximum Price organized by trade categories, allowances, contingencies, alternates, the Design-Builder’s Fee, and other items that comprise the Guaranteed Maximum Price.

 

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