Common use of Reduction of Project Cost Clause in Contracts

Reduction of Project Cost. Notwithstanding any provision herein to the contrary, in the event it is necessary for the Owner to require changes in the final plan of the Project to enable it to the reduce the construction cost of the Project to an amount within the sum estimated by the Engineer, the Engineer will be required to make such revisions or changes. These changes will only be considered additional services by the Engineer, if the Engineer previously provided these same changes as options to the Owner at the stage of preliminary work or prior to the approval of the final plan for the Project, and the option or options were not selected or approved by the Owner to be incorporated into the final plan of the Project. Payment for these additional services will then be made to the Engineer in accordance with Article 8 hereof and Owner and Engineer shall execute a Supplemental Agreement setting forth such terms. If the Engineer failed to provide these changes as an option or options to the Owner at the stage of preliminary work or prior to the approval of the final plan of the Project, these changes will not be considered additional work and no additional compensation will be made to the Engineer.

Reduction of Project Cost. Notwithstanding any provision herein to the contrary, in the event it is necessary for the Owner to require changes in the final plan of the Project to enable it to the reduce the construction cost of the Project to an amount within the sum estimated by the Engineer, the Engineer will be required to make such revisions or changes. These changes will only be considered additional services work by the Engineer, if the Engineer previously provided these same changes as options to the Owner at the stage of preliminary work or prior to the approval of the final plan for the Project, and the option or options were not selected or approved by the Owner to be incorporated into the final plan of the Project. Payment for these this additional services work will then be made to the Engineer in accordance with Article 8 hereof and Owner and Engineer shall execute a Supplemental Agreement setting forth such terms9 hereof. If the Engineer failed to provide these changes as an option or options to the Owner at the stage of preliminary work or prior to the approval of the final plan of the Project, these changes will not be considered additional work and no additional compensation will be made to the Engineer.