Maximum Allowable Construction Cost Macc Clause Samples
The Maximum Allowable Construction Cost (MACC) clause sets a cap on the total amount that can be spent on a construction project. This clause typically requires that all costs, including materials, labor, and overhead, remain within the specified limit, and may obligate the contractor to absorb any overruns beyond the MACC. By establishing a clear financial ceiling, the MACC clause helps control project budgets and allocates the risk of cost overruns, ensuring that the owner is protected from unexpected expenses.
Maximum Allowable Construction Cost Macc
