Common use of For General Conditions Costs Clause in Contracts

For General Conditions Costs. Design/Build Contractor’s Application for Payment shall include complete copies of all receipts, invoices with check vouchers or other evidence of payment, payrolls, and any and all other evidence which Owner or its designated representatives shall deem necessary to support the amount requested. This information is subject to audit and payment for these costs is dependant on Owner’s receipt of accurate and complete records of all transactions. Owner may reduce the amount requested for General Conditions Costs in any Application for Payment if the Owner, in its good faith judgment, determines that the unpaid balance of the General Conditions line item in the schedule of values is not sufficient to fund necessary General Conditions Costs for the remainder of the Project.

Appears in 3 contracts

Samples: Design/Build Agreement, Design/Build Agreement, Design/Build Agreement

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For General Conditions Costs. Design/Build Contractor’s Application for Payment shall include complete copies of all receipts, invoices with check vouchers or other evidence of payment, payrolls, and any and all other evidence which Owner or its designated representatives shall deem necessary to support the amount requested. This information is subject to audit and payment for these costs is dependant dependent on Owner’s receipt of accurate and complete records of all transactions. Owner may reduce the amount requested for General Conditions Costs in any Application for Payment if the Owner, in its good faith judgment, determines that the unpaid balance of the General Conditions line item in the schedule Schedule of values Values is not sufficient to fund necessary General Conditions Costs for the remainder of the Project.

Appears in 3 contracts

Samples: Design/Build Agreement, Design/Build Agreement, Design/Build Agreement

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