Contract Cost Limit ("CCL definition

Contract Cost Limit ("CCL means the initial limit established at the time of execution of this Agreement on total amounts payable to the Private Entity under this Agreement absent a Change pursuant to this Agreement.
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Examples of Contract Cost Limit ("CCL in a sentence

  • Private Entity will be compensated subject to the terms of this Agreement but will be responsible for ensuring that the total cost of the Project to Owner does not exceed the Contract Cost Limit ("CCL") established by this Agreement.

  • A Contract Cost Limit (CCL) has been agreed to by the parties, the amount of which is stated in Exhibit G.

  • The Private Entity shall provide a Guaranteed Maximum Price (GMP) at the 65% Construction Documents submission to replace the Contract Cost Limit (CCL).

  • If Private Entity determines that the cost estimate exceeds its Contract Cost Limit (CCL), changes to the design may be required to bring the Project in line with the CCL.

  • Operator generally will be compensated its Reimbursable Costs plus Fixed Fees subject to the terms of this Agreement but will be responsible for ensuring that the total cost of the Project to Owner does not exceed the Contract Cost Limit ("CCL") established by this Agreement.