Example ContractsClausescost of improvementsVariants
Cost of Improvements
Cost of Improvements contract clause examples

Payment for Improvements. If payment is made by directly to contractors, shall # comply with ’s reasonable requirements for final lien releases and waivers in connection with ’s payment for work to contractors, and # comply with ’s standard contractor’s rules and regulations. If orders any work directly from , shall pay to an amount equal to two and one half percent (2.5%) of the so-called “hard” cost of such work to compensate for all overhead, general conditions, fees and other costs and expenses arising from ’s involvement with such work. If does not order any work directly from , shall reimburse for ’s reasonable, actual, out-of-pocket costs and expenses actually incurred in

Payment for Improvements. With respect to payments to be made to Tenant's contractors for any Alterations, Tenant shall # comply with Landlord's reasonable requirements for final lien releases and waivers in connection with Tenant's payment for work to contractors, and # cause Tenant's contractor to sign Landlord's standard contractor's rules and regulations. If Tenant orders any work directly from Landlord, in connection with all Alterations, Tenant shall pay Landlord an oversight fee equal to three percent (3%) of the hard costs of such work to compensate Landlord for all overhead, general conditions, fees, and other costs and expenses arising from Landlord's involvement in such work. In any event, Tenant shall reimburse Landlord for Landlord's reasonable, actual, out-of-pocket costs and expenses actually incurred in connection with such work.

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