Common use of THE CONTRACT SUM Clause in Contracts

THE CONTRACT SUM. The Contract Sum is $0. The Contract Sum is the total amount payable by District to Contractor for performance of Work under the Contract Documents. The following alternates are included in the Contract Sum: List or refer to Exhibit Unit prices if any: List or refer to Exhibit Allowances included in the Contract Sum, if any: List or refer to Exhibit Notwithstanding any other provision of this Contract or the Contract Documents, the Contract Sum includes all construction contingencies for existing site conditions other than unforeseen conditions that could not be reasonably inferred, or pre-existing Hazardous Materials. Contractor is thoroughly acquainted with and has inspected the Project site without restriction, understands the potential risks in this construction Work, and accepts the full risk of construction contingencies to complete the Work within the Contract Time and Contract Sum set out in this Agreement.