Common use of Periodic Review Clause in Contracts

Periodic Review. After approval of the GMP Change Order, the Program Manager and the Design Builder shall review each proposed transfer to and from the Design Contingency on a weekly basis. The Owner shall have absolute control over transfers to and from the Design Contingency as well as the release of the contingency.

Periodic Review. After approval of the GMP Change Order, the Program Manager Executive Administrator and the Design Design-Builder shall review each proposed transfer to and from the Design Contingency on a weekly basis. The Owner shall have absolute control over transfers to and from the Design Contingency as well as the release of the contingency.