INITIAL PROJECT INFORMATION Sample Clauses

INITIAL PROJECT INFORMATION. § 1.1 This Agreement is based on the Initial Information set forth in this Section 1.1.

INITIAL PROJECT INFORMATION. § 1.1 This Agreement is based on the Initial Project Information set forth in this Article 1. § 1.2 The County’s anticipated dates for commencement and Substantial Completion of the Work are set forth below:

INITIAL PROJECT INFORMATION. § 1.1 This Agreement is based on the Initial Project Information set forth in this Article 1 or in Exhibit A, if any. § 1.2 The Owner’s anticipated dates for commencement of construction and Substantial Completion of the Work are set forth below: § 1.3 The Owner and A/E may rely on the Initial Information. Both parties, however, recognize that such information may materially change and, in that event, the Owner and the A/E shall appropriately adjust the schedule, the A/E’s services and the A/E’s compensation. § 1.4 The Services covered by this Agreement are subject to an Owner-approved budget. In the absence of an express provision to the contrary in this Agreement, the A/E shall perform the required services in a manner that will render a Cost of the Work (as defined herein) that does not exceed the most current Owner-approved budget. § 1.5 A/E represents that it is financially solvent, able to pay its debts as they become due, and possesses sufficient working capital to complete the Services and perform its obligation under this Agreement and under the Contract Documents. A/E further represents and acknowledges that: (a) it is a sophisticated business entity that possesses the required level of experience and expertise in business administration, construction, and contract administration of projects of similar or like size, complexity, and nature as the above-described Project; (b) the Owner is relying on A/E’s representation herein that it possesses sufficient skill, knowledge, experience, and ability to fully perform the Services and its obligations under this Agreement; (c) the A/E will assign to this Project qualified individual architects or engineers, as required, and experienced personnel to manage those professionals, as needed, to ensure the quality of performance required herein; and (d) the Basic Services Fee stated in this Agreement is adequate compensation for the timely completion of the Basic Services.