Common use of ASSIGNMENT OF OVERCHARGE CLAIMS Clause in Contracts

ASSIGNMENT OF OVERCHARGE CLAIMS. The Owner and DP recognize that in actual economic practice overcharges resulting from antitrust violations are in fact borne by Owner. Therefore, the DP hereby assigns to Owner any and all claims for such overcharges that may vest in DP during performance of the Project and for three (3) years after the final acceptance. The DP in all Subconsultant agreements shall require all Subconsultants to likewise assign claims for overcharges to Owner.

Appears in 17 contracts

Samples: Standard Form Agreement, Standard Form Agreement, Standard Form Agreement

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