Common use of Truth-In-Negotiation Clause in Contracts

Truth-In-Negotiation. The Construction Manager certifies that the wage rates and other factual unit costs supporting the compensation are accurate, complete, and current at the time of execution of each Sub-Project of which this certificate is a part. The original price and any additions thereto shall be adjusted to exclude any significant sums by which the Owner determines the Sub-Project amount was increased due to inaccurate, incomplete, or non-current wage rates and other factual unit costs and that such original Sub-Project adjustments shall be made within one year following the end of the Agreement.

Truth-In-Negotiation. The Construction Manager certifies that the wage rates and other factual unit costs supporting the compensation are accurate, complete, complete and current at the time of execution of each Sub-Project of which this certificate is a part. The original price and any additions thereto shall be adjusted to exclude any significant sums by which the Owner determines the Sub-Project amount was increased due to inaccurate, incomplete, incomplete or non-current wage rates and other factual unit costs and that such original Sub-Project adjustments shall be made within one year following the end of the Agreement.

Truth-In-Negotiation. The Construction Manager Design Builder certifies that the wage rates and other factual unit costs supporting the compensation are accurate, complete, complete and current at the time of execution of each Sub-Project of which this certificate is a part. The original price and any additions thereto shall be adjusted to exclude any significant sums by which the Owner determines the Sub-Project amount was increased due to inaccurate, incomplete, incomplete or non-non- current wage rates and other factual unit costs and that such original Sub-Project adjustments shall be made within one year following the end of the Agreement.