Common use of Suspension or Abandonment Clause in Contracts

Suspension or Abandonment. If the Project is suspended or abandoned in whole or in part for more than three (3) months, the Contractor shall be compensated for all services performed prior to receipt of written notice from the Owner of such suspension or abandonment then due. If the Project is resumed after being suspended for more than three (3) months, the Contractor’s compensation shall be equitably adjusted if, in the Owner’s reasonable opinion, such adjustment is warranted.

Appears in 5 contracts

Samples: Agreement, Agreement, Agreement

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Suspension or Abandonment. If the Project project is suspended or abandoned in whole or in part for more than three (3) monthsby the Owner, the Contractor Architect shall be compensated for all services performed prior to receipt of written notice from the Owner of such suspension or abandonment abandonment, together with reimbursable expenses then duedue as defined in this section. If the Project project is resumed after being suspended for more than three (3) three months, the ContractorArchitect’s compensation shall for completion of the project will be equitably adjusted if, in the Owner’s reasonable opinion, such adjustment is warrantedsubject to renegotiation.

Appears in 1 contract

Samples: play.champds.com

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Suspension or Abandonment. If the Project is suspended or abandoned in whole or in part for more than three (3) months, the Design/Build Contractor shall be compensated for all services performed prior to receipt of written notice from the Owner of such suspension or abandonment abandonment, together with reimbursable expenses then due. If the Project is resumed after being suspended for more than three (3) months, the Design/Build Contractor’s compensation for Pre-Construction Phase Services shall be equitably adjusted if, in the Owner’s reasonable opinion, such adjustment is warranted.

Appears in 1 contract

Samples: Agreement

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