Common use of Increase in Cost Clause in Contracts

Increase in Cost. The Parties agree that the estimated cost of the work may be exceeded by up to 25%. In the event of such increased costs the Parties agree to modify the estimated cost of work by written amendment, signed by both Parties. WSDOT shall notify the Agency of increased costs as they become known.

Increase in Cost. 3.1 The Parties parties agree that the estimated cost of the work may be exceeded by up to 25%. In the event of such increased costs the Parties parties agree to modify the estimated cost of work by written amendment, signed by both Partiesparties. WSDOT shall notify the Agency AGENCY of increased costs as they become known.

Increase in Cost. The 4.1 In the event of unforeseen increased costs, the Parties agree that the estimated cost of the work Work may be exceeded by a contingency of up to 2512 %. In the event of such increased costs exceed the contingency, the Parties agree to may modify the estimated cost of work Work by written amendment, amendment signed by both Parties. WSDOT shall notify the Agency of increased costs as they become known.

Increase in Cost. 3.1 The Parties agree that the estimated cost of the work may be exceeded by up to twenty-five (25%) percent. In the event of such increased costs exceed the estimated costs by more than twenty-five (25) percent the Parties agree to modify the estimated cost of work by written amendment, signed by both Parties. WSDOT shall notify the Agency of increased costs as they become known.