Common use of Certain Assumptions Clause in Contracts

Certain Assumptions. The Initial Cost Estimate includes engineering, labor, materials, subcontracts and applicable overheads, and is based, in part, on the following assumptions: (i) the Initial Cost Estimate is based on calendar year 2021 dollars; (ii) if construction is delayed, the Initial Cost Estimate likely will need to be adjusted; (iii) no exceptional site preparation will be required; (iv) the Project will be installed during normal business hours and will not require schedule compression or overtime; and (v) no new permitting or real property rights will be required.

Certain Assumptions. The Initial Cost Estimate includes engineering, labor, materials, subcontracts subcontracts, and applicable overheads, and is based, in part, on the following assumptions: (i) the Initial Cost Estimate is based on calendar year 2021 dollars; (ii) if construction is delayed, the Initial Cost Estimate likely will need to be adjusted; (iii) no exceptional site preparation will be required; (iv) the Project will be installed during normal business hours and will not require schedule compression or overtime; and (v) no new permitting or real property rights will be required.