Common use of Cumulative Effect of Component Change Orders Clause in Contracts

Cumulative Effect of Component Change Orders. Estimated Costs and Contingency Costs components of the Change Order sums of Component Changes Orders shall be cumulative so that the aggregate of the Estimated Costs and Contingency Costs components of all Component Change Orders that are outstanding at any time shall be available for payment to CM/GC for Actual Costs and Contingency Costs incurred by CM/GC in the performance of any Work governed by the aggregate of such Component Change Orders outstanding. Pre-commencement Obligations. The CM/GC shall complete the pre-commencement obligations set forth in Article 2.1.2, as additionally detailed below: Payment and Performance Bonds Component Change Order

Appears in 8 contracts

Samples: Construction Management Contract, Construction Management Contract, Construction Management Contract

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