Common use of Maximum Sum Calculated Clause in Contracts

Maximum Sum Calculated. Where the Change Order Sum is so calculated, the sum of (i) the Contract Sum payable to the Trade Contractor or Trade Supplier plus (ii) the Design-Builder's Estimated Costs plus (iii) Construction Contingency plus (iv) Design-Builder’s Fee shall be the maximum sum that Owner shall be obligated to pay Design-Builder for the performance of the Work encompassed by the Component Change Order.

Maximum Sum Calculated. Where the Component Change Order Sum is so calculated, the sum of (i) the Contract Sum contract sum payable to the Trade Contractor or Trade Supplier plus (ii) the Design-BuilderConstruction Manager's Estimated Costs plus (iii) Construction Contingency plus (iv) Design-Builder’s Construction Manager‟s Fee shall be the maximum sum that which Owner shall be obligated to pay Design-Builder Construction Manager for the performance of the Work encompassed by the Component Change OrderWork.