Construction Contract Price Clause Samples

The Construction Contract Price clause defines the total amount that the contractor will be paid for completing the specified construction work. This clause typically outlines whether the price is a fixed lump sum, based on unit rates, or subject to adjustments for changes in scope or unforeseen conditions. By clearly stating the agreed-upon price and the basis for any modifications, this clause ensures both parties understand the financial terms of the contract, reducing the risk of disputes over payment and scope changes.
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Construction Contract Price. The money that Owner has agreed to pay Contractor for completion of the Work in accordance with the Construction Contract Documents.
Construction Contract Price. The Loan Servicer shall have received, in form and substance satisfactory to each Relevant Credit Party in consultation with the Lenders’ Engineer, certification from the Borrower and the Lenders’ Engineer that the price set forth in each Construction Document has not been amended, changed or modified from the price as of the Common Agreement Date, except for Approved Construction Changes.
Construction Contract Price. The Construction Contract Price is the Contract Price due from the District to a Contractor awarded a Construction Contract for the Project.
Construction Contract Price. The money that PCCA has agreed to pay Contractor for completion of the Work in accordance with the Construction Contract Documents.
Construction Contract Price. Payment of the Construction Contract Price shall be in accordance with the following:
Construction Contract Price. The moneys payable by OWNER to a Contractor for completion of the Work in accordance with Construction Contract Documents.
Construction Contract Price. The amount that City has agreed to pay Contractor for completion of the Work in accordance with the Construction Contract Documents.
Construction Contract Price. DOE shall have received, in form and substance satisfactory to DOE in consultation with the Lender’s Engineer, certification from the Borrower and the Lender’s Engineer that the price set forth in each Construction Document has not been amended, changed or modified from the price as of the Financial Closing Date, except for Approved Construction Changes.

Related to Construction Contract Price

  • Construction Contract If federal funds are included as part of the financing of the non-OPWC portion of the Project, federal law may prevail, including, but not limited to, application of ▇▇▇▇▇ ▇▇▇▇▇ prevailing wage rates, the ▇▇▇▇▇▇▇▇ “Anti-Kickback” Act, the Contract Work Hours and Safety Standards Act, and any federal environmental regulations. Recipient is solely responsible for ensuring compliance with federal requirements applicable to its Local Subdivision Contribution. Notwithstanding the above, the following provisions apply to construction contracts under this Agreement:

  • Contract Price The Contractor shall supply the Contractor Deliverables to the Authority at the Contract Price. The Contract Price shall be a Firm Price unless otherwise stated in Schedule 3 (Contract Data Sheet). Subject to clause G2 the Contract Price shall be inclusive of any UK custom and excise or other duty payable. The Contractor shall not make any claim for drawback of UK import duty on any part of the Contract Deliverables supplied which may be for shipment Overseas. D Intellectual Property

  • Construction Contract Documents The Construction Contract Documents shall consist of the plans and specifications prepared by the Engineer, and any addenda and change orders thereto, and the Owner-Contractor Agreement, all of which shall be compatible and consistent with this Agreement.