Incurring Cost Clause Samples
The "Incurring Cost" clause defines the rules and limitations regarding when and how costs can be incurred under an agreement. Typically, it specifies that a party may only incur costs that are pre-approved, within a set budget, or directly related to the scope of work outlined in the contract. For example, it may require written consent before any additional expenses are undertaken or set thresholds for allowable expenditures. This clause's core function is to control spending, prevent unauthorized or unexpected costs, and ensure financial accountability between the parties.
Incurring Cost. Any cost incurred by the potential Offeror in preparation, transmittal, and/or presentation of any proposal or material submitted in response to this RFP shall be borne solely by the Offeror. Any cost incurred by the Offeror for set up and demonstration of the proposed equipment and/or system shall be borne solely by the Offeror.
Incurring Cost. Any cost incurred by the vendor in preparation, transmittal, and presentation of any material submitted in response to this RFB shall be borne solely by the vendor.
Incurring Cost. Neither the County nor any of its employees or officers shall be held liable for any expenses incurred by any Vendor responding to this RFP, including but not limited to preparation, delivery, or travel.