Common use of Truth-In-Negotiation Clause in Contracts

Truth-In-Negotiation. The Professional Consultant certifies that wage rates and other factual unit costs supporting the compensation herein stated are accurate, complete, and current as of the date of this Agreement. The original Project Fee, Hourly Fees and Reimbursable Expenses and any additions thereto shall be adjusted to exclude any significant sums by which the School Board determines these Fees or Expenses were increased due to inaccurate, incomplete or non-current wage rates or other factual unit costs. All such adjustments shall be made within one year following the end of the Agreement.

Appears in 8 contracts

Samples: Continuing Contract, Continuing Contract for Professional Services, Contract for Professional Services

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