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.
Appears in 3 contracts
Sources: Professional Services, Agreement for Professional Services, Professional Services
PROJECT RESTART FEE. Because of substantial cost costs incurred by the ENGINEER Architect to stop and restart a project once it is underway, and outside the anticipated project schedule, should this project’s progress be halted at any time for thirty (30) or more calendar days by the CLIENT/OWNERClient, for any reason, a project restart fee of 10% of the total contract fee earned to date will be due and payable immediately.
Appears in 1 contract
Sources: Proposal for Design Services