Scoping and Feasibility Study Clause Samples
The SCOPING AND FEASIBILITY STUDY clause defines the process by which the parties assess the viability and requirements of a proposed project before full-scale work begins. Typically, this clause outlines the steps for conducting initial investigations, gathering relevant data, and evaluating technical, financial, or operational factors to determine whether the project should proceed. By establishing a structured approach to early-stage analysis, the clause helps both parties identify potential challenges and make informed decisions, thereby reducing the risk of costly misunderstandings or project failures later on.
Scoping and Feasibility Study
