Common use of Cost Control Clause in Contracts

Cost Control. The Architect’s prepared plans and specifications shall not result in a construction estimate in excess of the established budget of ______________, without construction contingency. In the event it is discovered during any Phase that the estimated cost of the work is in excess of the established budget or the bids received are in excess of the established budget, the Architect shall revise, at its own cost and expense, all or any part of the plans and specifications necessary to bring the construction cost within the established budget. Modify Section 5.7 to read as follows:

Cost Control. The Architect’s prepared plans and specifications shall not result in a construction estimate in excess of the established budget of ______________, without construction contingency. In the event it is discovered during any Phase that the estimated cost of the work is in excess of the established budget or the bids received are in excess of the established budget, the Architect shall revise, at its own cost and expense, all or any part of the plans and specifications necessary to bring the construction cost within the established budget. Modify Section 5.7 to read as follows:.

Cost Control. The Architect’s prepared plans and specifications shall not result in a construction estimate in excess of the established budget of ______________, without construction contingency. In the event it is discovered during any Phase that the estimated cost of the work is in excess of the established budget or the bids received are in excess of the established budget, the Architect shall revise, at its own cost and expense, all or any part of the plans and specifications necessary to bring the construction cost within the established budget. Modify Section 5.7 to read as follows:.