Common use of Owner’s Contingency Clause in Contracts

Owner’s Contingency. County and GC acknowledge the Work has become necessary due to narrow focus of repairs that have not allowed for all plans and specifications to be fully developed. Therefore, County and GC anticipate the need for future Change Orders to be issued after the Work commences. To provide funding for such Change Orders, a not to exceed amount of Twenty-Eight Thousand Two Hundred Five Dollars and 13/100 Dollars ( $28,205.13 ) shall serve as the Owner’s Contingency from which such changes in the Work are to be paid in accordance with the General Conditions.

Owner’s Contingency. County and GC acknowledge the Work has become necessary due to narrow focus of repairs degraded materials and short funding timeframe that have not allowed for all plans and specifications to be fully developed. Therefore, County and GC anticipate the need for future Change Orders to be issued after the Work commences. To provide funding for such Change Orders, a not to exceed amount of Twenty-Eight Thousand Two Five Thousand, Six Hundred Five Dollars and 13/100 Dollars ( $28,205.13 ($ 5,600 ) shall serve as the Owner’s Contingency from which such changes in the Work are to be paid in accordance with the General Conditions.

Owner’s Contingency. County and GC acknowledge the Work has become necessary due to the narrow focus of repairs that have not allowed for all plans and specifications to be fully developed. Therefore, County and GC anticipate the need for future Change Orders to be issued after the Work commences. To provide funding for such Change Orders, a not to exceed amount of Nineteen Thousand Four Hundred Twenty-Eight Thousand Two Hundred Five and 40/100 Dollars and 13/100 Dollars ( $28,205.13 ($ 19,428.40 ) shall serve as the Owner’s Contingency from which such changes in the Work are to be paid in accordance with the General Conditions.

Owner’s Contingency. County and GC acknowledge the Work has become necessary due to narrow focus many layers of previous repairs and remodels that have not allowed for all plans and specifications to be fully developed. Therefore, County and GC anticipate the need for future Change Orders to be issued after the Work commences. To provide funding for such Change Orders, a not to exceed amount of Twenty-Eight Thousand Nine Hundred Thirty Two Hundred Five Dollars and 13/100 Dollars ( $28,205.13 932.00 ) shall serve as the Owner’s Contingency from which such changes in the Work are to be paid in accordance with the General Conditions.

Owner’s Contingency. County and GC acknowledge the Work has become necessary due to narrow focus of repairs [the Reason(s)] that have not allowed for all plans and specifications to be fully developed. Therefore, County and GC anticipate the need for future Change Orders to be issued after the Work commences. To provide funding for such Change Orders, a not to exceed lump sum amount of Twenty-Eight Thousand Two Hundred Five Dollars and 13/100 Dollars ( $28,205.13 ($ ) shall serve as the Owner’s Contingency from which such changes in the Work are to be paid in accordance with the General Conditions.

Owner’s Contingency. Five Thousand, Ninety Dollars ($ 5,090) County and GC acknowledge the Work has become necessary due to narrow focus the small scale of repairs the improvements and the limited time remaining in the Fiscal year that have not allowed for all plans and specifications to be fully developed. Therefore, County and GC anticipate the need for future Change Orders to be issued after the Work commences. To provide funding for such Change Orders, a not to exceed lump sum amount of Twenty-Eight Thousand Two Hundred Five Dollars and 13/100 Dollars ( $28,205.13 ) shall serve as the Owner’s Contingency from which such changes in the Work are to be paid in accordance with the General Conditions.