Common use of Maximum Cost for Each Position Clause in Contracts

Maximum Cost for Each Position. The proposed maximum cost for each position proposed by the Engineer for the Project calculated on the following formula: Total Anticipated Hours x Direct Personnel Expense Hourly Rate = Total Anticipated Cost.

Maximum Cost for Each Position. The proposed maximum cost for each position proposed by the Engineer Architect for the Project calculated on the following formula: Total Anticipated Hours x Direct Personnel Expense Hourly Rate = Total Anticipated Cost.