Common use of Cost Overruns Clause in Contracts

Cost Overruns. A. Program component overruns of thirty percent (30%) or less will be considered as eligible costs provided: (I) The total scope of services dollar amount is not increased and written approval is obtained from the Commission's chief engineer or; (II) If the total scope of services dollar amount is increased, an amended scope of services is executed between the Commission and the Grantee. B. Program component overruns in excess of thirty percent (30%) will require an amended scope of services between the Commission and the Grantee. C. Requests for overruns in program components shall be in writing and include the anticipated amount of overruns on other program components.

Cost Overruns. A. Program component overruns of thirty percent (30%) or less will be considered as eligible costs provided: (I) The total scope of services dollar amount is not increased and written approval is obtained from the Commission's chief engineer or; (II) If the total scope of services dollar amount is increased, an amended scope of services is executed between the Commission and the Grantee. B. Program component overruns in excess of thirty percent (30%) will require an amended scope a written request for approval and include the anticipated amount of services between the Commission and the Granteeoverruns on other program components. C. Requests for overruns in program components shall be in writing and include the anticipated amount of overruns on other program components.

Cost Overruns. DRAFT A. Program component overruns of thirty percent (30%) or less will be considered as eligible costs provided: (I) The total scope of services dollar amount is not increased and written approval is obtained from the Commission's chief engineer or; (II) If the total scope of services dollar amount is increased, an amended scope of services is executed between the Commission and the Grantee. B. Program component overruns in excess of thirty percent (30%) will require an amended scope a written request for approval and include the anticipated amount of services between the Commission and the Granteeoverruns on other program components. C. Requests for overruns in program components shall be in writing and include the anticipated amount of overruns on other program components.