Common use of Effect of Approval Clause in Contracts

Effect of Approval. Design Professional’s or Owner’s review, recommendation, approval, or acceptance of any cost estimate, budget, construction schedule, submittal schedule, plan, program (including but not limited to those referenced in 2) is not a warranty, guarantee, covenant, or promise that such cost estimate, budget, construction schedule, submittal schedule, plan, program is accurate, feasible, constructible, or otherwise appropriate, and CM/GC shall make its own independent judgment thereof. CM/GC shall not make any Claim based on such review, recommendation, approval, or acceptance, including but not limited to a Claim for an increase in the Contract Sum or extension of Contract Time. Trade Contractors; Self-Performance

Appears in 4 contracts

Sources: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement

Effect of Approval. Design Professional’s or Owner’s review, recommendation, approval, or acceptance of any cost estimate, budget, construction schedule, submittal schedule, plan, program (including but not limited to those referenced in SECTION 2.) is not a warranty, guarantee, covenant, or promise that such cost estimate, budget, construction schedule, submittal schedule, plan, program is accurate, feasible, constructible, or otherwise appropriate, and CM/GC shall make its own independent judgment thereof. CM/GC shall not make any Claim based on such review, recommendation, approval, or acceptance, including but not limited to a Claim for an increase in the Contract Sum or extension of Contract Time. Trade Contractors; Self-Performance

Appears in 1 contract

Sources: Construction Management Contract