Examples of Design Contingency in a sentence
If the Consultant characterizes the Design Issue as a Project Co Design Issue, the Consultant shall issue a Supplemental Instruction and the cost, if any, of implementing the acceptable resolution to the Design Issue shall form part of the Project Co Design Contingency.
The costs of such illustrations and models shall be paid from the Design Contingency.
The Design and Construction Budget shall contain a Design Contingency cost element to be estimated by the Design-Builder and approved by the Owner.
Funds from the Design Contingency may not be encumbered without written direction from the Owner in the form of a Consent Change Order.
The Owner shall have absolute control over transfers to and from the Design Contingency as well as the release of the contingency.
The amount of any balance of Design Contingency shall be confirmed by the written certification of Design-Builder to the Owner at each review.
The estimated Cost of the Work shall include in the Design Contingency and the Construction Contingency sums established by the Design-Builder for the Design-Builder's use to cover costs permitted under Section 4 Part 4 and other costs which are properly reimbursable as Cost of the Work but not the basis for a Change Order.
The Design Contingency shall not be increased for any reason (other than by a Change Order in Owner's sole and absolute discretion).
Estimates shall set forth in detail Design-Builder's estimate of design and construction costs, including all Actual Costs, Design Contingency, Construction Contingency and Design Builder Fees, for the construction of the Project and each Component thereof.
As provided in Article 4.4.5 but only prior to the issuance of the Certificate of Final Completion, the Design Builder shall be entitled to payment of Design Contingency Cost items from the Design Contingency, but not in the aggregate in excess of the Design Contingency component of the GMP Change Order.