Common use of Reallocation of Task Budget(s) Clause in Contracts

Reallocation of Task Budget(s). If the Consultant completes a task(s) in an Approved Service Order for less than the maximum compensation set forth for that task(s), the Director (in the Director’s sole discretion) may use the cost savings to increase the budget of another task in the same Approved Service Order. The Director must authorize such reallocation of cost savings in writing.

Appears in 13 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.