Common use of Action if the Fixed Limit of Construction Cost is Exceeded Clause in Contracts

Action if the Fixed Limit of Construction Cost is Exceeded. If the Fixed Limit of Construction Cost is exceeded by the lowest bona fide bids or negotiated proposals, or at any time by the latest Estimated Construction Cost for the Project, the Owner may, at its option elect to do any one or more of the following:

Action if the Fixed Limit of Construction Cost is Exceeded. If the Fixed Limit of Construction Cost is exceeded by the lowest bona fide bids or negotiated proposals, or at any time by the latest Estimated Construction Cost for the Project, the Owner may, at its option option, and as its exclusive remedy elect to do any one or more of the following:

Action if the Fixed Limit of Construction Cost is Exceeded. ‌ If the Fixed Limit of Construction Cost is exceeded by the lowest bona fide bids or negotiated proposals, or at any time by the latest Estimated Construction Cost for the Project, the Owner may, at its option option, and as its exclusive remedy elect to do any one or more of the following: