Common use of Retention of Funds Clause in Contracts

Retention of Funds. City may withhold from any monies payable to Consultant sufficient funds to compensate City for any losses, costs, liabilities, or damages it reasonably believes were suffered by City due to the default of Consultant in the performance of the services required by this Agreement.

Appears in 14 contracts

Samples: Professional Services, Professional Services Agreement, Professional Services Agreement

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Retention of Funds. City may withhold from any monies payable to Consultant sufficient funds to compensate City for any losses, costs, liabilities, or damages it reasonably believes were suffered by City due to the default of Consultant in the performance of the services Services required by this Agreement.

Appears in 3 contracts

Samples: Professional Services, Professional Services Agreement, Professional Services

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Retention of Funds. City CITY may withhold from any monies payable to Consultant CONTRACTOR sufficient funds to compensate City CITY for any losses, costs, liabilities, liabilities or damages it reasonably believes were suffered by City CITY due to the default of Consultant CONTRACTOR in the performance of the services required by this Agreement.

Appears in 3 contracts

Samples: Request for Proposal, Professional Services, Professional Services

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