Common use of Conditions Affecting the Work Clause in Contracts

Conditions Affecting the Work. ‌ The contractor shall be responsible for having taken steps reasonably necessary to ascertain the nature and location of the work, and the general and local conditions, which can affect the work or the cost thereof. Any failure by the contractor to do so will not relieve the contractor from responsibility for successfully performing the work without additional expense to the Exchange. The Exchange assumes no responsibility for any understanding or representations concerning conditions made by any of its officers or agents prior to the execution of this contract, unless such understanding or representations by the Exchange are expressly stated in the contract.

Conditions Affecting the Work. ‌ The contractor shall be responsible for having taken steps reasonably necessary to ascertain the nature and location of the work, and the general and local conditions, which can affect the work or the cost thereof. Any failure by the contractor to do so will not relieve the contractor from responsibility for successfully performing the work without additional expense to the Exchange. The Exchange assumes no responsibility for any understanding or representations concerning conditions made by any of its officers or agents prior to the execution of this contract, unless such understanding or representations by the Exchange are expressly stated in the contract.