Betterment Pricing Clause Samples
Betterment Pricing. If a Utility Owner requests that Design-Builder design and/or construct a Betterment, Design- Builder shall use its best efforts to negotiate a lump sum price or unit prices with the Utility Owner in good faith. If Design-Builder and the Utility Owner are not able to agree on a lump sum price or unit prices, VPRA may direct Design-Builder to perform the work with compensation determined in accordance with Exhibit K, provided that the conditions set forth in Section 6.2.2.4 are satisfied.
Betterment Pricing. If a Utility Owner requests that Contractor construct a Betterment, Contractor shall use its best efforts to negotiate a lump sum price or unit prices with the Utility Owner in good faith. If Contractor and the Utility Owner are not able to agree on a lump sum price or unit prices, VPRA may direct Contractor to perform the work with compensation determined by the Parties, provided that the conditions set forth in Section 7.2.2.4 of these General Terms and Conditions are satisfied.