Truth-in-Negotiations Certificate. If the Owner’s Project Manager’s fee is negotiated, by signing this Contract, the Owner’s Project Manager hereby certifies to the following: 17.1.1 Wage rates and other costs used to support the Owner’s Project Manager’s compensation are accurate, complete, and current at the time of contracting; and 17.1.2 The Contract price and any additions to the Contract may be adjusted within one year of completion of the Contract to exclude any significant amounts if the Owner determines that the fee was increased by such amounts due to inaccurate, incomplete or non-current wage rates or other costs.
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Samples: Contract for Project Management Services, Contract for Project Management Services, Project Management Services Agreement
Truth-in-Negotiations Certificate. If the Owner’s Project Manager’s fee is negotiated, by signing this ContractAgreement, the Owner’s ’ s Project Manager hereby certifies to the following:
17.1.1 Wage 15.1.1 Hourly billing rates and other costs used to support the Owner’s Project Manager’s compensation are accurate, complete, and current at the time of contracting; and
17.1.2 15.1.2 The Contract price and any additions to the Contract may be adjusted within one year of completion of the Contract to exclude any significant amounts if the Owner determines that the fee was increased by such amounts due to inaccurate, incomplete or non-current wage rates or other costs.
Appears in 1 contract
Samples: Owner’s Project Manager Agreement
Truth-in-Negotiations Certificate. If the Owner’s Project Manager’s 's fee is negotiated, by signing this Contract, the Owner’s Project Manager hereby certifies to the following:
17.1.1 Wage rates and other costs used to support the Owner’s Project Manager’s compensation are accurate, complete, and current at the time of contracting; and
17.1.2 The Contract price and any additions to the Contract may be adjusted within one year of completion of the Contract to exclude any significant amounts if the Owner determines that the fee was increased by such amounts due to inaccurate, incomplete or non-current wage rates or other costs.
Appears in 1 contract
Truth-in-Negotiations Certificate. If the Owner’s Project Manager’s fee is negotiated, by signing this Contract, the Owner’s Project Manager hereby certifies to the following:
17.1.1 Wage rates and other costs used to support the Owner’s Project Manager’s compensation are accurate, complete, and current at the time of contractingofcontracting; and
17.1.2 The Contract price and any additions to the Contract may be adjusted within one year of completion of the Contract to exclude any significant amounts if the Owner determines that the fee was increased by such amounts due to inaccurate, incomplete or non-current wage rates or other costs.
Appears in 1 contract