Cost Proration Clause Samples

Cost Proration. The COUNTY shall credit the VILLAGE Forty-seven Thousand Two Hundred Fifty Dollars and No/100 ($47,250.00) for the cost of the tree replacement. The COUNTY shall credit said amount within thirty (30) days of notification by the COUNTY of substantial completion of construction of the PROJECT. Substantial completion means the construction is sufficiently complete in accordance with the PLANS and SPECIFICATIONS within the municipal limits of the VILLAGE so that the motoring public may travel in a normal traffic pattern, although punch list items remain to be completed. The compensation provided by the COUNTY will constitute its total obligation for tree replacement incurred as a result of the aforementioned PROJECT.

Cost Proration. The DISTRICT shall pay one hundred percent (100%) of the CONTRACT costs associated with the purchase and installation of the EVP equipment upgrade features located along ▇▇▇▇▇▇▇ Road from ▇▇▇▇▇▇▇ Drive to Polaris Drive / Acorn Lane and Algonquin Road at Crystal Lake Road; and,

Cost Proration. It is mutually agreed by and between the PARTIES that the VILLAGE shall not be obligated for any costs associated with the construction of the bus shelters. Further, the COUNTY may enter into a separate agreement with Pace to determine the costs and any cost proration between the COUNTY and Pace associated with the construction of the bus shelters.

Cost Proration i. The COUNTY shall pay twenty-five percent (25%) of the CONTRACT costs of a water main quality pipe for that portion of the water main currently located within the COUNTY’s right- of-way but not in any easement granted to the VILLAGE for such purposes. ii. The VILLAGE shall pay seventy-five percent (75%) of the CONTRACT costs of a water main quality pipe for that portion of the water main currently located within the COUNTY’s right- of-way but not in any easement granted to the VILLAGE for such purposes. The VILLAGE shall pay one hundred percent (100%) of the remaining CONTRACT costs for the water main relocation design and construction, including CONTRACT costs of the water main quality pipe for that portion of the water main currently located outside of an easement granted to the VILLAGE for such purposes and within the COUNTY’s right-of-way.

Cost Proration i. The COUNTY shall pay eighty percent (80%) of the CONTRACT costs associated with the construction of the sidewalk located within the VILLAGE’s corporate limits; and, ii. The VILLAGE shall pay twenty percent (20%) of the CONTRACT costs associated with the construction of the sidewalk located within the VILLAGE’s corporate limits.

Cost Proration. The VILLAGE shall pay one hundred percent (100%) of the costs associated with the removal of the existing gateway sign and its replacement.

Cost Proration. The COUNTY shall pay one hundred percent (100%) of the CONTRACT costs associated with the construction of the shared-use path.