Common use of Betterments/Cost Sharing Clause in Contracts

Betterments/Cost Sharing. The City agrees that it shall specify and provide or pay costs for any Betterments that are incorporated into the Project at the request of the City and approved by the State. The Parties shall, through amendment of this Agreement, negotiate the work scope and cost of such Betterments prior to State proceeding with the design and construction of such Betterments. As used in this Agreement, "Betterment" means replacement of existing infrastructure with new where the infrastructure is beyond its useful life; or replacement with a kind, size or type of infrastructure facility that differs from that existing as of the commencement of this Agreement. If the facility is near the end of its useful life, the Parties agree to engage in a process to determine which portion of cost is considered a “Betterment” relative to the portion of expended useful life when compared to the entire useful life.

Betterments/Cost Sharing. The the City agrees that it shall specify and provide or pay costs for any Betterments that are incorporated into the Project at the request of the City and approved by the StateCity. The Parties shall, through amendment modification of this Agreement, negotiate the work scope and cost of such Betterments prior to State TriMet proceeding with the design and construction of such Betterments. As used in this Agreement, "Betterment" means replacement of existing infrastructure with new where the infrastructure is beyond its useful life; or replacement with a kind, size or type of infrastructure facility that differs from that existing as of the commencement of this Agreement. If the facility is near the end of its useful life, the Parties agree to engage in a process to determine which "Betterment" includes that portion of the cost associated with replacing new that is considered a “Betterment” relative equivalent to the portion of the expended useful life when compared to the entire useful life.