Limit on Phase I Compensation Clause Samples

The "Limit on Phase I Compensation" clause sets a maximum cap on the amount that can be paid for services or work performed during the initial phase (Phase I) of a project or agreement. Typically, this clause specifies a dollar amount or percentage that cannot be exceeded, regardless of actual costs incurred or hours worked during Phase I. For example, if a consulting contract is divided into phases, this clause would ensure that the consultant cannot bill more than the agreed limit for the first phase. Its core practical function is to control costs and provide budget certainty for the client, preventing unexpected or excessive charges during the early stages of a project.
Limit on Phase I Compensation. The limit on Phase I Compensation is «ph1fee» for all Construction Packages. Engineer's total ▇▇▇▇▇▇▇▇ for Phase I services, including Basic Services, Additional Services, Reimbursable Expenses, fees paid for contract personnel and personnel employed through employment agencies, and any and all other costs, shall not exceed the Limit on Phase I Compensation.
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