Common use of Claims For Increase In Contract Price Clause in Contracts

Claims For Increase In Contract Price. In the event Design/Builder seeks to make a claim for an increase in the Contract Price, as a condition precedent to any liability of Owner therefore, Design/Builder shall strictly comply with the requirements of Section 17.2 above and such notice shall be given by Design/Builder before proceeding to execute any additional or changed Work. Failure of the condition precedent to occur shall constitute a waiver by Design/Builder of any claim for additional compensation.

Appears in 2 contracts

Samples: Design and Construction Agreement, Design and Construction Agreement

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Claims For Increase In Contract Price. In the event Design/Builder seeks to make a claim for an increase in the Contract Price, as a condition precedent to any liability of Owner thereforetherefor, Design/Builder shall strictly comply with the requirements of Section 17.2 above and such notice shall be given by Design/Builder before proceeding to execute any additional or changed Work. Failure of the condition precedent to occur shall constitute a waiver by Design/Builder of any claim for additional compensation.

Appears in 1 contract

Samples: Design and Construction Agreement

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Claims For Increase In Contract Price. In the event Design/Builder seeks to make a claim for an increase in the Contract Price, as a condition precedent to any liability of Owner therefore, Design/Builder shall strictly comply with the requirements of Section 17.2 Paragraph 17(B) above and such notice shall be given by Design/Builder before proceeding to execute any additional or changed Work. Failure of the condition precedent to occur shall constitute a waiver by Design/Builder of any claim for additional compensation.

Appears in 1 contract

Samples: Guaranteed Maximum Price Design and Construction Agreement

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