Common use of Development Work Contracts Clause in Contracts

Development Work Contracts. Subject to Sections 4.2.2 and 4.2.3 below, the Development Manager shall, on behalf of and as agent for each of the Participants, bid, negotiate, enter into contracts for, and otherwise arrange from any source (including the Development Manager's employees, Participants or third parties) the resources necessary to perform and complete the Development Work, including engineering, labor, legal counsel, consultants studies, equipment, apparatus, machinery, materials, tools, water, power and supplies necessary for the performance and completion of Development Work including materials and supplies inventory. All contracts for Development Work, as well as all amendments thereto, shall be approved solely by the Development Manager (pursuant to procedures developed by the Development Manager and submitted to the Management Committee for its information), except for Major Contracts that are subject to prior Management Committee approval pursuant to Section 4.2.5.1 of this Agreement. In performing Development Work, the Development Manager may use its own or another Participant's employees, equipment, facilities and similar resources without the approval of the Management Committee.

Appears in 2 contracts

Sources: Project Development Agreement, Project Development Agreement