PROJECT RESTART FEE Clause Samples

The Project Restart Fee clause establishes a charge that must be paid if a previously paused or suspended project is resumed. Typically, this fee covers the additional administrative, logistical, or resource allocation costs incurred by the service provider when restarting work after an interruption. By specifying a restart fee, the clause ensures that the provider is compensated for the disruption and extra effort required to mobilize resources again, thereby discouraging unnecessary project suspensions and clarifying financial responsibilities in such events.
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PROJECT RESTART FEE. Because of substantial cost incurred by the ENGINEER to stop and restart a project once it is underway, should this project’s progress be halted at any time for thirty (30) or more calendar days by the CLIENT/OWNER, for any reason, a project restart fee of 10% of the total contract fee to date will be due and payable immediately.

Related to PROJECT RESTART FEE

  • Construction Phase Services 3.1.1 – Basic Construction Services

  • Development Fee A fee for the packaging of a Property or Mortgage, including the negotiation and approval of plans, and any assistance in obtaining zoning and necessary variances and financing for a specific Property, either initially or at a later date.

  • License Fee The Licensee to shall make payment of the License Fee to Licensor on the date of this Agreement. All rights granted to Licensee by Producer in the Beat are conditional upon Licensee’s timely payment of the License Fee. The License Fee is a one-time payment for the rights granted to Licensee and this Agreement is not valid until the License Fee has been paid.