Common use of Chargeable Costs Clause in Contracts

Chargeable Costs. The Architect’s and Contractor’s Chargeable Costs are chargeable to the Target Cost. The Architect’s Chargeable Costs are set forth in Exhibit E. The Contractor’s Chargeable Costs are set forth in Exhibit F. Consultants and subcontractors who are Risk/Reward Team Members will use the same Chargeable Cost standards applied to Architect and Contractor, respectively. No costs will be charged to the Project that are not actually incurred by the Project Participants.

Chargeable Costs. The Architect’s and Contractor’s Chargeable Costs are chargeable to the Base Target Cost and Final Target Cost. The Architect’s Chargeable Costs are set forth in Exhibit E. The Contractor’s Chargeable Costs are set forth in Exhibit F. Consultants and subcontractors who are Risk/Reward Team Members will use the same Chargeable Cost standards applied to Architect and Contractor, respectively. No costs will be charged to the Project that are not actually incurred by the Project Participants.