Cost Clause In Contract

State:
Multi-State
Control #:
US-OL17013CA
Format:
Word; 
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Description

This office lease clause specifically states the availability of electricity, the pricing, the quantity and the quality of the electricity provided to the demised premises.

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FAQ

Usually, contract clauses are found towards the end of the contract after the requisite elements of a business contract (the offer, acceptance, consideration, and legalities) have been addressed. Here are some common clauses and some examples of contracts that you'll find them in.

The starting point is to write the amount in words and in numbers. For example, if you've agreed to pay Mr. Brush the decorator $500 for painting your garage, you could write, "the client will pay Mr. Brush the sum of Five Hundred Dollars exactly ($500)."

Examples of such clauses can be the goods or services to be provided; details about what, when, how, and under circumstances the party providing those things will be paid; who owns the rights to the goods or services; what happens if there is a breach of the contract or a dispute; the term or length of the contract;

The Expenses clause details how expenses (travel, materials, etc.) related to the agreement will be handled. Whether each party will simply pay their own expenses, whether one party will reimburse the other, or even if one party will advance expenses to the other at the outset.

The starting point is to write the amount in words and in numbers. For example, if you've agreed to pay Mr. Brush the decorator $500 for painting your garage, you could write, "the client will pay Mr. Brush the sum of Five Hundred Dollars exactly ($500)."

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1.1, "Actual Delivery Date" shall have the meaning set forth under Clause 5. Term: The contractor is paid after a specific time period, regardless of whether the project is completed or not.These clauses protect both parties when the estimated costs are not sufficient to complete performance. (2) The total cost for the performance of this contract, exclusive of any fee, will be either greater or substantially less than had been previously estimated. This contract type places upon the contractor maximum risk and full responsibility for all costs and resulting profit or loss. (b) The Government shall make payments to the Contractor, subject to and in accordance with the clause in this contract entitled "FIXED FEE" (FAR 52.

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Cost Clause Contract