Details and Effect of the Stated Cost Limitation. (a) The Design Professional recognizes and agrees that he will design this Project such that the lowest responsible and responsive bid will not exceed the Stated Cost Limitation; (b) In contracting with a public or governmental body to render services, the Design Professional is charged with knowledge of the amount of money allocated to the construction budget; and (c) The Stated Cost Limitation limits the Design Professional prior to, but not after, the execution of the Construction Contract.
Appears in 18 contracts
Samples: Design Professional Contract, Design Professional Contract, Design Professional Contract
