Common use of Allowance Items Clause in Contracts

Allowance Items. The Contract Price is inclusive of the Allowance set forth below for each Allowance Item identified below. Allowances belong solely to the District and shall be expended only upon written direction by the District, to be granted or denied in its sole discretion. Any Allowance amount not fully consumed shall belong solely to the District and shall be refunded to the District by a deductive change order. Should the Contractor’s approved actual costs exceed the specified Allowance, the Contractor’s Contract Price will be adjusted by change order in accordance with Contract General Conditions, Article 9.5 of the Terms and Conditions.

Allowance Items. The Contract Price is inclusive of the Allowance set forth below for each Allowance Item identified below. Allowances belong solely to the District and shall be expended only upon written direction by the District, to be granted or denied in its sole discretion. Any Allowance amount not fully consumed shall belong solely to the District and shall be refunded to the District by a deductive change order. Should the Contractor’s approved actual costs exceed the specified Allowance, the Contractor’s Contract Price will be adjusted by change order in accordance with Contract General Conditions, Article 9.5 of the Terms and Conditions.. A-1 Unforseen Conditions $400,000