Common use of Cost Control Clause in Contracts

Cost Control. The budget established by the OWNER for the construction of the Project and CONSULTANT fee shall be considered as absolute. The CONSULTANT shall advise OWNER in writing of the following: .1 If directives or actions of OWNER increase the scope or cost of the Project or are considered by CONSULTANT to constitute Additional Services under this Agreement. .2 If CONSULTANT becomes aware that current market conditions have changed sufficiently to preclude construction within the limits of the approved budget.

Appears in 32 contracts

Sources: Consultant Agreement, Consultant Agreement, Consultant Agreement

Cost Control. The budget Budget established by the OWNER Owner for the construction of the Project and CONSULTANT fee Consultant Fee shall be considered as absolute. The CONSULTANT Consultant shall advise OWNER Owner in writing of the followingwriting: .1 If directives or actions of OWNER Owner increase the scope or cost of the Project or are considered by CONSULTANT Consultant to constitute Additional Services under this Agreement. .2 If CONSULTANT Consultant becomes aware that current market conditions have changed sufficiently to preclude construction within the limits of the approved budget.

Appears in 2 contracts

Sources: Consultant Agreement for Construction Management Professional Services, Consultant Agreement for Construction Management Professional Services

Cost Control. The budget established by the OWNER for the construction of the Project and CONSULTANT fee shall be considered as absolute. The CONSULTANT shall advise OWNER in writing of the following: .1 If directives or actions of OWNER increase the scope or cost of the Project or are considered by CONSULTANT to constitute Additional Services under this Agreement. . .2 If CONSULTANT becomes aware that current market conditions have changed sufficiently to preclude construction within the limits of the approved budget.

Appears in 1 contract

Sources: Consultant Agreement