Budget Pricing definition
Examples of Budget Pricing in a sentence
Where appropriate, project signs or other information placards should acknowledge Department and USDA Forest Service support.
If the Budget Pricing is greater than Landlord's Allowance, then Tenant, at Tenant's option, may either approve the Budget Pricing in writing or elect to eliminate or revise one or more items shown on the Pricing Plans so as to reduce the Budget Pricing and then approve in writing the reduced Budget Pricing (based on the revised Pricing Plans).
If the Budget Pricing is less than or equal to Landlord's Allowance, then Tenant will be deemed to have approved the Budget Pricing and Pricing Plan.
The above mention Contract Price only reflects the Phase 1 – Core & Shell Budget Pricing.
At such time as Schematic Plans have been approved in -------------- writing by Tenant, Kieding will prepare Pricing Plans for submission to the contractor in order to obtain Budget Pricing.
On or before three (3) business days prior to the Budget Pricing and Plan Approval Date, Kieding shall deliver to Tenant the Budget Pricing and Pricing Plan for Tenant's approval.
If the Final Pricing is greater than the Budget Pricing approved by Tenant, then Tenant, at Tenant's option, may either approve the Final Pricing in writing or elect to eliminate or revise one or more items shown on the Working Drawings so as to reduce the Final Pricing and then approve in writing the reduced Final Pricing (based on the revised Working Drawings).
Each CCR will further define the intent of the documents issued as follows: - "Proceed Immediately - Owner will pay T&M - "Proceed Only After Cost and Schedule Approval" - "For Budget Pricing Only - "Proceed Immediately - For Clarification Only" .4 Upon receipt of a CCR, Contractor shall proceed in the fashion described.
If the Final Pricing is less than or equal to the Budget Pricing approved by Tenant, then Tenant will be deemed to have approved the Final Pricing and the Working Drawings.