Examples of Maximum Cost in a sentence
Should the funding source for this Contract be eliminated or reduced, upon written notice to Contractor, County may reduce the Maximum Cost to County identified in section 4 to reflect that elimination or reduction.
Seller agrees that the Maximum Cost for Contractor's Fees set forth in this Contract shall not be exceeded without prior written approval by the City and a change order to the Purchase Contract has been issued.
When CONSULTANT has billed 75% of the Maximum Cost, CONSULTANT shall provide written notice to CITY’s Project Manager that CONSULTANT has expended 75% of the Maximum Cost.
The cost of processing a Change Order shall not be considered an event that will require an increase in the Maximum Cost of General Conditions.
Although the Parties anticipate that most Change Orders will not require an adjustment to the Cost of General Conditions, if the Work described in a Change Order requires an increase or decrease in the Maximum Cost of General Conditions (i.e. because such a Change requires additional field staff or other equipment that would be classified as General Conditions Costs), the Change Order shall contain an increase to the Design-Build Fee adjusting such amount.