Common use of Deduction from Cost of Work Clause in Contracts

Deduction from Cost of Work. Amounts that accrue to TFC in accordance with the foregoing provisions shall be credited to TFC as a deduction from the Cost of Work, or refunded to TFC as appropriate.

Appears in 6 contracts

Samples: Construction Manager at Risk Contract, Construction Manager at Risk Contract, Construction Manager at Risk Contract

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Deduction from Cost of Work. Amounts that accrue to TFC in accordance with the foregoing provisions shall be credited to TFC as through a deduction from deductive Change Order to the Cost of WorkGuaranteed Maximum Price, or refunded to TFC as appropriate.

Appears in 4 contracts

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

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Deduction from Cost of Work. Amounts that accrue to TFC in accordance with the foregoing provisions shall be credited to TFC as through a deduction from deductive Change Order to the Cost of Work, Guaranteed Maximum Price or refunded to TFC as appropriate.

Appears in 1 contract

Samples: Construction Manager at Risk Agreement

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