Common use of Project Contingency Clause in Contracts

Project Contingency. A Project Contingency of ten percent (10%) of estimated construction costs is included in the Estimated Cost. The Project Contingency will not be available for: (i) work required due to Subdivider’s or Subdivider’s agents’ failure to perform work or services according to the terms of this Agreement or in compliance with the Construction Documents; or (ii) uninsured losses resulting from the negligence of Subdivider or Subdivider’s agents.

Project Contingency. A Project Contingency of ten 10 percent (10%) of estimated construction costs is included in the Estimated Cost. The Project Contingency will shall not be available for: (i) work required due to SubdividerDeveloper’s or SubdividerDeveloper’s agents’ failure to perform work or services according to the terms of this Agreement or in compliance with the Construction Documents; or (ii) uninsured losses resulting from the negligence of Subdivider Developer or SubdividerDeveloper’s agents.

Project Contingency. A Project Contingency of ten percent (10%) of estimated construction costs is included in the each Estimated Cost. The Project Contingency will not be available for: (i) work required due to Subdivider’s or Subdivider’s agentsAgents’ failure to perform work or services according to the terms of this Agreement or in compliance with the Construction Documents; or (ii) uninsured losses resulting from the negligence of Subdivider or Subdivider’s agentsAgents.