Abandonment or Suspension. If the Owner suspends or abandons the Project, the Owner shall pay all fees and Reimbursable Expenses which have become due and payable to the T&B Firm pursuant to Article VIII of the General Terms and Conditions and Exhibit D, Schedule of Progress Payments and Hourly Rates. The T&B Firm shall not be entitled to lost profits for uncompleted work. Payment shall be made for that portion of the work that the T&B Firm completed prior to the abandonment or suspension and the Owner shall have no further obligation to the T&B Firm for the payment for any other fees, unless the Project is resumed by the Owner.
Appears in 4 contracts
Samples: Agreement for Professional Services, Agreement for Professional Services, www.osceolaschools.net
