Common use of Termination Due to Unavailability of Funds Clause in Contracts

Termination Due to Unavailability of Funds. When funds are not appropriated or otherwise made available to support continuation of performance under this Agreement, the Construction Manager will be promptly notified in writing, the Agreement will be cancelled and the Construction Manager will be reimbursed for the reasonable value of any non-recurring costs incurred but not amortized in the price of the goods or services delivered under this Contract, plus fee earned on those costs.

Appears in 3 contracts

Samples: Agreement for Construction Management Services, Agreement for Construction, Agreement for Construction

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Termination Due to Unavailability of Funds. When funds are not appropriated or otherwise made available to support continuation of performance under this AgreementContract for Construction Management, the Construction Manager will be promptly notified in writing, the Agreement will Contract shall be cancelled and the Construction Manager will shall be reimbursed for the reasonable value of any non-recurring costs incurred but not amortized in the price of the goods or services delivered under this Contract, plus fee earned on those costs.

Appears in 2 contracts

Samples: Contract for Construction, Contract for Construction

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