Additional Work Charges Sample Clauses

Additional Work Charges. In cases of an extremely complicated title (extremely complicated title is one that entails the necessity for the CONSULTANT staff to obtain off-site records from locations other than their own resources) and/or where the service required cannot be completed within the time lines outlined in CONSULTANT’s Proposal, a fee in excess of the basic per parcel charge for the litigation guarantee or preliminary title report will be charged. In all such cases, written notices setting forth all the pertinent facts, together with the amount to be charged, must be forwarded by CONSULTANT to the CITY for consideration within seventy-two (72) hours of receipt of request. The Fee will be determined by an hourly rate charged from an outside consultant paid for by CONSULTANT (with charge then being passed through to CITY). Only upon written approval by the CITY authorizing payment of the additional fee shall the CONSULTANT proceed, and actual payment will be subject to CONSULTANT producing the documents or other information documenting the status of the transaction as constituting “extremely complicated” title. A credit for additional work charges up to a maximum of fifty percent (50%) of the cost for issuance of the title policy will be applied to the final policy fee at the close of the transaction. Credit will be issued regardless of the amount of additional work charges.