Common use of The Risk Pool IPD Clause in Contracts

The Risk Pool IPD. Team Members shall not include separate contingencies in the Expected Cost to address refinement of designs, materials, or equipment; instead, the Risk Pool IPD Team Members shall include realistic pricing based upon listed assumptions and understandings concerning the scope of the Services and the Work required by the pending design.

Appears in 2 contracts

Sources: Integrated Agreement for Lean Project Delivery, Integrated Form of Agreement