Common use of Damages and Related Costs Clause in Contracts

Damages and Related Costs. Any cost arising out of a breach of this Contract or the fault, failure or negligence of CM, its Subcontractors, or any person or entity for whom they may be liable. These costs include, without limitation: costs to remedy defective, rejected, or nonconforming work, materials or equipment; costs due to failure to coordinate the Work or meet CPM Schedule milestones; costs arising from CM’s contractual indemnification obligations; liquidated or actual damages imposed by Owner for failure to complete the Work within the Contract Time; costs due to the bankruptcy or insolvency of any Subcontractor; and damage or losses to persons or property.

Appears in 5 contracts

Samples: Construction Contract, Construction Contract, Construction Contract

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Damages and Related Costs. Any cost arising out of a breach of this Contract or the fault, failure or negligence of CM, its Subcontractors, or any person or entity for whom they may be liable. These costs include, without limitation: costs to remedy defective, rejected, or nonconforming work, materials materials, or equipment; costs due to failure to coordinate the Work or meet CPM Schedule milestones; costs arising from CM’s contractual indemnification obligations; liquidated or actual damages imposed by Owner for failure to complete the Work within the Contract TimeTime Requirements; costs due to the bankruptcy or insolvency of any Subcontractor; and damage or losses to persons or property.

Appears in 2 contracts

Samples: Construction Manager at Risk Agreement, Construction Manager at Risk Agreement

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Damages and Related Costs. Any cost arising out of a breach of this Contract or the fault, failure or negligence of CM, its Subcontractors, or any person or entity for whom they may be liable. These costs include, without limitation: costs to remedy defective, rejected, or nonconforming work, materials or equipment; costs due to failure to coordinate the Work or meet CPM Schedule milestones; costs arising from CM’s contractual indemnification obligations; liquidated or actual damages imposed by Owner for failure to complete the Work within the Contract TimeTime Requirements; costs due to the bankruptcy or insolvency of any Subcontractor; and damage or losses to persons or property.

Appears in 1 contract

Samples: Construction Manager at Risk Agreement

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