Common use of Contingency Management Clause in Contracts

Contingency Management. The parties have not included, other than allowances specified, any Principal Representative’s contingency in the Contract Price. The Design/Build Entity is responsible for performing in accordance with the Contract Documents, in exchange for the payment of the Contract Price by the Principal Representative. Any adjustments in the Contract Price will be governed by the General Conditions of the Design/Build Agreement.

Contingency Management. The parties have not included, included other than allowances specified, any Principal Representative’s contingency in the Contract Price. The Design/Build Entity is responsible for performing in accordance with the Contract Documents, in exchange for the payment of the Contract Price by the Principal RepresentativeState of Colorado. Any adjustments in the Contract Price will be governed by the General Conditions of the Design/Build AgreementContract.