Contract Sums definition
Examples of Contract Sums in a sentence
Owner may choose to establish separate Contract Sums for each phase of the Project and, if so, Contractor shall cooperate to prepare and timely deliver to Owner when due such Contract Sums as set forth in the Project Schedule.
Contractor acknowledges that both the projected funding for each year after the first year and the projected combined total of all Maximum Annual Contract Sums are estimates only.
The combined total of all Maximum Annual Contract Sums to be allocated during the term of this Contract is estimated to be $[@ Maximum Contract Sum @] (hereafter "Maximum Contract Sum").
Fixed limits, if any, shall be increased in the amount of any increase in the Contract Sums occurring after execution of the Contracts for Project.
Fixed limits, if any, shall be increased in the amount of any increase in the Contract Sums occurring after execution of the Contracts for Construction.
Owner may choose to establish separate Contract Sums for each phase of the Project and, if so, Design-Builder shall cooperate to prepare and timely deliver to Owner when due such Contract Sums as set forth in the Project Schedule.
The Maximum Contract Sums set forth above of this section include all applicable taxes, including but not limited to sales, use, property and excise taxes.
The CM/GC’s acceptance of Substantial Completion payment from Owner shall constitute a waiver of all claims by the CM/GC except those previously made in writing and identified in writing by the CM/GC as unsettled at the time of the application for payment for the substantial Completion payment, and except for the Contract Sums due at Final Acceptance.
The combined total of all Maximum Annual Contract Sums to be allocated $[@ Maximum Contract Sum @] (hereafter "Maximum Contract Sum").
Construction Cost Accounting services consisting of: B Maintenance of records of payments on account of the Construction Contract Sum(s) and all changes thereto.