Common use of Baseline Budget and Program Clause in Contracts

Baseline Budget and Program. The Department shall provide the Contractor with the approved baseline budget and program. Such approval shall be provided (or signed by) the Department. In the event the Contractor does not receive such approval within fourteen (14) days after submitting the Preliminary Budget Estimate, it shall so advise the Department’s Program Manager, the Department’s Deputy Director for Capital Construction and the Contracting Officer in writing of such failure and request direction. If the Contractor fails to provide such notice, the Contractor will be proceeding at its own risk and will be responsible for costs associated with budget revisions. Only the Department shall have the authority to increase the Project Budget, and absent such direction, the Contractor shall proceed throughout the Project on the assumption that the budget remains as originally directed by the Department pursuant to this Section 3.3.2.2.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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Baseline Budget and Program. The Department shall provide the Contractor Construction Manager with the approved baseline budget and program. Such approval shall be provided (or signed by) the Department. In the event the Contractor Construction Manager does not receive such approval within fourteen (14) days after submitting the Preliminary Budget Estimate, it shall so advise the Department’s Program ManagerCOTR, the Department’s Deputy Director for Capital Construction and the Contracting Officer in writing of such failure and request direction. If the Contractor Construction Manager fails to provide such notice, the Contractor Construction Manager will be proceeding at its own risk and will be responsible for costs associated with budget revisions. Only the Department shall have the authority to increase the Project Budget, and absent such direction, the Contractor Construction Manager shall proceed throughout the Project on the assumption that the budget remains as originally directed by the Department pursuant to this Section 3.3.2.2.

Appears in 2 contracts

Samples: Agreement, This Agreement

Baseline Budget and Program. The Department shall provide the Contractor Construction Manager with the approved baseline budget and program. Such approval shall be provided (or signed by) the Department. In the event the Contractor Construction Manager does not receive such approval within fourteen (14) days after submitting the Preliminary Budget Estimate, it shall so advise the Department’s Program ManagerCOTR, the Department’s Deputy Director for Capital Construction and the Contracting Officer in writing of such failure and request direction. If the Contractor Construction Manager fails to provide such notice, the Contractor Construction Manager will be proceeding at its own risk and will be responsible for costs associated with budget Budget revisions. Only the Department shall have the authority to increase the Project Budget, and absent such direction, the Contractor Construction Manager shall proceed throughout the Project on the assumption that the budget remains as originally directed by the Department pursuant to this Section 3.3.2.2.

Appears in 1 contract

Samples: Agreement

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Baseline Budget and Program. The Department shall provide the Contractor Construction Manager with the approved baseline budget and program. Such approval shall be provided (or signed by) the Department. In the event the Contractor Construction Manager does not receive such approval within fourteen (14) days after submitting the Preliminary Budget Estimate, it shall so advise the Department’s Program Manager, the Department’s Deputy Director for Capital Construction and the Contracting Officer in writing of such failure and request direction. If the Contractor Construction Manager fails to provide such notice, the Contractor Construction Manager will be proceeding at its own risk and will be responsible for costs associated with budget Budget revisions. Only the Department shall have the authority to increase the Project Budget, and absent such direction, the Contractor Construction Manager shall proceed throughout the Project on the assumption that the budget remains as originally directed by the Department pursuant to this Section 3.3.2.2.

Appears in 1 contract

Samples: Agreement

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