Common use of For Cost Type Contracts Clause in Contracts

For Cost Type Contracts. The Contractor agrees to use its best efforts to perform the work specified in the Agreement within the estimated specified costs. BSA is not obligated to reimburse the Contractor for costs incurred in excess of the total amount obligated by BSA as specified in the Agreement. The Contractor is not obligated to continue performance under this Agreement (including actions under the Termination clause of this Agreement) or otherwise incur costs in excess of the total amount obligated as specified in the Agreement, until BSA increases the funding obligation. If this is a cost-sharing Agreement, the increase shall be allotted in accordance with the formula specified in the Agreement.

Appears in 5 contracts

Samples: General Terms and Conditions for Noncommercial Services, General Terms and Conditions for Noncommercial Services, General Terms and Conditions for Noncommercial Services

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