Common use of Construction Cost Limitation Clause in Contracts

Construction Cost Limitation. 8.1 The CCL, as defined herein, is to be used as a basis for determining whether the A-E has met its obligation under to this Agreement to design the project within the Owner’s budget allowance. 8.2 The A-E Fee shall be a lump sum amount as stated in this Agreement whether the Owner chooses to award the project over the CCL or under the CCL. The A-E Fee will not be adjusted based on the actual construction cost of the Project.

Appears in 4 contracts

Samples: Owner/Architect Engineer Agreement, Owner/Architect Engineer Agreement, Owner/Architect Engineer Agreement

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Construction Cost Limitation. 8.1 The CCL, as defined herein, is to be used as a basis for determining whether the A-/E has met its obligation under to this Agreement to design the project within the Owner’s budget allowance. 8.2 The A-/E Fee shall be a lump sum amount as stated in this Agreement whether the Owner chooses to award the project over the CCL or under the CCLCCL amount. The A-/E Fee will not be adjusted based on the actual construction cost of the Project.

Appears in 2 contracts

Samples: Owner/Architect Engineer Agreement, Owner/Architect Engineer Agreement

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Construction Cost Limitation. 8.1 The CCL, as defined herein, is to be used as a basis for determining whether the A-/E has met its obligation under to this Agreement to design the project within the Owner’s budget allowance. 8.2 The A-/E Fee shall be a lump sum amount as stated in this Agreement whether the Owner chooses to award the project over the CCL or under the CCL. The A-/E Fee will not be adjusted based on the actual construction cost of the Project.

Appears in 1 contract

Samples: Owner/Architect Engineer Agreement

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