Common use of Cost-Plus Pricing Clause in Contracts

Cost-Plus Pricing. In the event and to the extent Contractor becomes aware during actual Site Construction that a Site requires additional work that was both unforseen and materially exceeds the Work contemplated in the price for Site Construction for such Site (as determined pursuant to Section 7.1 above), such additional work will be invoiced on the basis of Cost-Plus Pricing in accordance with Section 1.2 (d) above. Notwithstanding the foregoing, Contractor will not, without Owner's prior written approval, incur costs related to any additional work which would result in an aggregate increase exceeding $1,500.00 of the Site Construction price (as determined pursuant to Section 7.1 above) for any Site.