Common use of Cost Savings Clause in Contracts

Cost Savings. After the Project has been accepted by the Sponsor and Authority as complete, any positive difference between the cost, as listed in Exhibit A to this Agreement or approved by the Authority pursuant to Section 1.2, and the total amount invoiced to the Authority shall revert to the Measure A program for re- programming by the Authority on other eligible projects.

Appears in 3 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Cooperative Agreement

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Cost Savings. After the Project has been accepted by the Sponsor and Authority as complete, any positive difference between the cost, as listed in Exhibit A Attachments to this Agreement or approved by the Authority pursuant to Section 1.2, and the total amount invoiced to the Authority shall revert to the Measure A program for re- re-programming by the Authority on other eligible projects.

Appears in 3 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Cooperative Agreement

Cost Savings. After the Project has been accepted by the Sponsor and Authority as complete, any positive difference between the cost, as listed in the Exhibit A to this Agreement or approved by the Authority pursuant to Section 1.2, and the total amount invoiced to the Authority shall revert to the Measure A program for re- programming by the Authority on other eligible projects.

Appears in 1 contract

Samples: Cooperative Agreement

Cost Savings. After the Project has been accepted by the Sponsor and Authority as complete, any positive difference between the cost, as listed in Exhibit A to this Agreement or approved by the Authority pursuant to Section 1.2, and the total amount invoiced to the Authority shall revert to the Measure A program for re- re-programming by the Authority on other eligible projects.

Appears in 1 contract

Samples: Cooperative Agreement

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Cost Savings. After the Project has been accepted by the Sponsor and Authority as complete, any positive difference between the cost, as listed in Exhibit Attachment A to this Agreement or approved by the Authority pursuant to Section 1.2, and the total amount invoiced to the Authority shall revert to the Measure A program for re- re-programming by the Authority on other eligible projects.

Appears in 1 contract

Samples: Cooperative Agreement

Cost Savings. After the Project has been accepted by the Sponsor and Authority as complete, any positive difference between the cost, as listed in Exhibit A Exhibits to this Agreement or approved by the Authority pursuant to Section 1.2, and the total amount invoiced to the Authority shall revert to the Measure A program for re- programming by the Authority on other eligible projects.

Appears in 1 contract

Samples: Cooperative Agreement

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