Common use of Fixed Limit of Construction Cost Clause in Contracts

Fixed Limit of Construction Cost. If the lowest and best bid proposed in response to a timely solicitation of bids for construction of the Project, in accordance with the bidding documents provided by the Engineer, exceeds the fixed limit of construction cost for this Project, the Engineer, at no increase or additional cost to the City, shall redesign the Project and redraft the bidding documents so that the construction bids pursuant to a subsequent solicitation come within the fixed limit of construction cost.

Appears in 4 contracts

Samples: agenda.okc.gov, agenda.okc.gov, agenda.okc.gov

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Fixed Limit of Construction Cost. If the lowest and best bid proposed in response to a timely solicitation of bids for construction of the Projectproject, in accordance with the bidding documents provided by the EngineerArchitect, exceeds the fixed limit of construction cost for this Projectproject, the EngineerArchitect, at no increase or additional cost to the CityTrust, shall redesign the Project project and redraft the bidding documents so that the construction bids pursuant to a subsequent solicitation come within the fixed limit of construction cost.

Appears in 1 contract

Samples: agenda.okc.gov

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Fixed Limit of Construction Cost. If the lowest and best bid proposed in response to a timely solicitation of bids for construction of the Projectproject, in accordance with the bidding documents provided by the Engineer, exceeds the fixed limit of construction cost for this Projectproject, the Engineer, at no increase or additional cost to the City, shall redesign the Project project and redraft the bidding documents so that the construction bids pursuant to a subsequent solicitation come within the fixed limit of construction cost.

Appears in 1 contract

Samples: agenda.okc.gov

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