Record Keeping and Finance Controls. Design-Builder acknowledges that this Agreement is to be administered on an “open book” arrangement relative to Costs of the Work. Design-Builder shall keep
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Samples: Agreement Between Owner and Design Builder Cost Plus Fee With a Guaranteed Maximum Price, Agreement Between Owner and Design Builder Cost Plus Fee With a Guaranteed Maximum Price, Agreement Between Owner and Design Builder Cost Plus Fee With a Guaranteed Maximum Price
Record Keeping and Finance Controls. Design-Builder acknowledges that this Agreement is to be administered on an “open book” arrangement relative to Costs of the Work. Design-Builder shall keepkeep full and detailed accounts and exercise such controls as may be necessary for proper financial management, using accounting and control systems in accordance with generally accepted accounting principles and as may be provided in the Contract Documents. During the performance of the Work and for a period of four
Appears in 1 contract
Samples: Progressive Design Build Agreement
Record Keeping and Finance Controls. Design-Builder acknowledges that this Agreement is to be administered on an “open book” arrangement relative to Costs of the Work. Design-Builder shall keepkeep full and detailed accounts and exercise such controls as may be necessary for proper financial management, using accounting and control systems in accordance with generally accepted accounting principles
Appears in 1 contract
Samples: Progressive Design Build Agreement
Record Keeping and Finance Controls. Design-Builder acknowledges that this Agreement is to be administered on an “open book” : arrangement relative to Costs of the Workwork. Design-Builder shall keepkeep full and detailed accounts and exercise such controls as may be necessary for proper financial management, using accounting and control systems in accordance with general accepted accounting principles and as may be provided in the Contract Documents. During the performance of the Work and for a period of three
Appears in 1 contract
Samples: Standard Form of Agreement Between Owner and Design Builder