Common use of Cost Limitations Clause in Contracts

Cost Limitations. The total project cost, as indicated in the body of Page 1 of this agreement, is derived from a specific appropriation or funds specifically provided for the particular project described on Page 1. Accordingly it shall be a condition of this agreement that the Designer shall conform his plans to a design, the construction cost of which together with the addition of design fees, shall not exceed the total project cost limitations as set forth in the body of Page 1 of this agreement.

Appears in 3 contracts

Sources: Standard Form of Agreement Between Owner and Designer, Standard Form of Agreement Between Owner and Designer, Standard Form of Agreement Between Owner and Designer