Funds Available and Authorized. If Owner fails to receive funding, appropriations, allocations, or other expenditure authority, as contemplated by Owner’s budget, Owner may terminate the Contract Documents based on its assessment and ranking of the policy objectives explicit or implicit in Owner’s budget, and such termination shall be deemed and proceed according to Owner’s termination for convenience (below).
Appears in 11 contracts
Samples: Construction Manager at Risk and General Contractor Agreement, Construction Manager at Risk and General Contractor Agreement, Construction Manager at Risk and General Contractor Agreement