Common use of Assessment Costs Clause in Contracts

Assessment Costs. If it becomes necessary during the course of construction to issue change orders which increase the cost of the Project because of the Professional’s errors or omissions, and the total of all Error or Omission change orders exceeds 2.5% of the contract award amount, the Professional will be assessed the following on each Error or Omission Change Order:

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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