Common use of Direct Negotiation Deduction Clause in Contracts

Direct Negotiation Deduction. Should any work be performed or material furnished in addition to the Work listed in Schedule A as a result of direct negotiation between Subcontractor and a representative of Owner, without participation by Contractor, Contractor shall retain 15% of the gross payment or allowance for such work or materials to cover Contractor’s contingent expense and margin.

Direct Negotiation Deduction. Should any work be performed or material furnished in addition to the Work listed in Schedule A as a result of direct negotiation between Subcontractor and a representative of Owner, without participation by ContractorDesign-Builder, Contractor Design-Builder shall retain 15% of the gross payment or allowance for such work or materials to cover ContractorDesign-Builder’s contingent expense and margin.

Direct Negotiation Deduction. Should any work be performed or material furnished in addition to the Work listed in Schedule A initially contracted for as a result of direct negotiation between Subcontractor and a representative of Owner, without participation by Contractor, Contractor shall retain 15% of the gross payment or allowance for such work or materials to cover Contractor’s contingent expense and margin.