Common use of Change in Work or Cost Increase Clause in Contracts

Change in Work or Cost Increase. 5.1 WSDOT agrees that the amount shown in Exhibit B may not reflect the actual costs of the Work. Should the Utility determine that the Work costs for which WSDOT is responsible might exceed the cost estimate by more than ( ) percent, the Utility shall immediately notify WSDOT before performing any Work in excess of the Exhibit B estimate plus the additional percentage. WSDOT and the Utility will, if necessary, amend Exhibit B to revise the cost estimate before the Utility incurs costs above the amount shown in Exhibit B plus the additional percentage.

Appears in 2 contracts

Samples: wsdot.wa.gov, www.wsdot.wa.gov

AutoNDA by SimpleDocs

Change in Work or Cost Increase. 5.1 3.1 WSDOT agrees that the amount shown in Exhibit B may not reflect the actual costs of the Work. Should the Utility determine that the Work costs for which WSDOT is responsible might exceed the cost estimate by more than ( ) percentestimate, the Utility shall immediately notify WSDOT before performing any Work in excess of the Exhibit B estimate plus the additional percentageestimate. WSDOT and the Utility will, if necessary, amend Exhibit B to revise the cost estimate before the Utility incurs costs above the amount shown in Exhibit B plus the additional percentage.B.

Appears in 1 contract

Samples: Utility Preliminary Engineering Agreement

AutoNDA by SimpleDocs

Change in Work or Cost Increase. 5.1 3.1 WSDOT agrees that the amount shown in Exhibit B may not reflect the actual costs of the Work. Should the Utility UTILITY determine that the Work costs for which WSDOT is responsible might exceed the cost estimate by more than ( ) percentestimate, the Utility UTILITY shall immediately notify WSDOT before performing any Work in excess of the Exhibit B estimate plus the additional percentageestimate. WSDOT and the Utility UTILITY will, if necessary, amend Exhibit B to revise the cost estimate before the Utility UTILITY incurs costs above the amount shown in Exhibit B plus the additional percentage.B.

Appears in 1 contract

Samples: Utility Preliminary Engineering Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!