Common use of Maximum Liability Clause in Contracts

Maximum Liability. The Change Order Sum as stated in a Component Change Order shall be the maximum amount that the Owner is required to pay to Design-Builder for the performance of the Work under a Component Change Order. The Change Order Sum, however, may be increased or decreased under those circumstances where other Articles of this Contract authorize an increase or decrease in the Contract Price or the payment of additional compensation. This increase or decrease shall be added to or subtracted from the original Change Order Sum to determine the revised Change Order Sum.

Appears in 15 contracts

Samples: Design Build Contract, Design Build Contract, Design Build Contract

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Maximum Liability. The Change Order Sum as stated in a Component Change Order shall be the maximum amount that the Owner is required to pay to Design-Builder CM/GC for the performance of the Work under a Component Change Order. The Change Order Sum, however, may be increased or decreased under those circumstances where other Articles of this Contract authorize an increase or decrease in the Contract Price or the payment of additional compensation. This increase or decrease shall be added to or subtracted from the original Change Order Sum to determine the revised Change Order Sum.

Appears in 13 contracts

Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement

Maximum Liability. The Change Order Sum as stated in a Component Change Order shall be the maximum amount that the Owner is required to pay to Design-Builder CM/GC for the performance of the Work under a Component Change Order. The Change Order Sum, however, may be increased or decreased under those circumstances where other Articles Sections of this Contract authorize an increase or decrease in the Contract Price or the payment of additional compensation. This increase or decrease shall be added to or subtracted from the original Change Order Sum to determine the revised Change Order Sum.

Appears in 3 contracts

Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement

Maximum Liability. The Change Order Sum as stated in a Component Change Order shall be the maximum amount that the Owner Board is required to pay to Design-Builder CMR for the performance of the Work under a Component Change Order. The Change Order Sum, however, may be increased or decreased under those circumstances where other Articles Sections of this Contract authorize an increase or decrease in the Contract Price or the payment of additional compensation. This increase or decrease shall be added to or subtracted from the original Change Order Sum to determine the revised Change Order Sum.

Appears in 2 contracts

Samples: Construction Management at Risk Agreement, Construction Management at Risk Agreement

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Maximum Liability. The Change Order Sum as stated in a Component Change Order shall be the maximum amount that the Owner is required to pay to Design-Builder for the performance of the Work under a Component Change Order. The Change Order Sum, however, may be increased or decreased under those circumstances where other Articles Sections of this Contract authorize an increase or decrease in the Contract Price or the payment of additional compensation. This increase or decrease shall be added to or subtracted from the original Change Order Sum to determine the revised Change Order Sum.

Appears in 2 contracts

Samples: Design Build Contract, Construction Contract

Maximum Liability. The Component Change Order Sum as stated in a Component Change Order shall be the maximum amount that which the Owner is required to pay to Design-Builder the Construction Manager for the performance of the Work under a Component Change Order. The Order but the Component Change Order Sum, however, may Sum shall be increased or decreased under those circumstances where other Articles Article(s) of this Contract authorize Agreement authorizes an increase or decrease in the Contract Price contract sum or contract price or the payment of additional compensation. This , and the increase or decrease shall be added to or subtracted from the original Component Change Order Sum to determine the revised Component Change Order Sum.

Appears in 1 contract

Samples: Construction Management Agreement

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