Examples of Contract Amount in a sentence
As compensation for the performance of the Work hereunder, Manhattan Beach USD will pay the Contract Amount to Chevron Energy Solutions.
At that time, Manhattan Beach USD will pay Chevron Energy Solutions any remaining Contract Amount due and any outstanding Retention being withheld by Manhattan Beach USD, in accordance with Section 8.03.
Chevron Energy Solutions has the authority to make minor changes that do not change the total Contract Amount and are consistent with the intent of the Construction Documents, without prior notice to Manhattan Beach USD.
The Contract Amount must be increased by any additional cost incurred by Chevron Energy Solutions due to a Change required by a Governmental Authority and the time required to complete the Work must be increased by the number of additional days required to complete the Work because of a Change imposed by a Governmental Authority.
Procurement, or lack thereof, of the Incentive Funds will not alter the Contract Amount of this Contract or the payment timeline associated with payment of the Contract Amount.