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If the lowest acceptable construction bid exceeds <br />the budgeted cost of construction by more than <br />t5%, and CITY elects not to approve the excess <br />or to reject all bids and either rebid or nego- <br />tiate, then CONSULTANT shall, upon request of <br />the CITY, revise the drawings and specifications <br />~jithout additional charge so as to obtain an <br />acceptable bid within 15% of the fixed budget <br />limit of construction. CITY will cooperate with <br />CONSULTANT in order to effect such reduction. <br />CONSULTACIT shall have the option of including <br />alternate bid items, additive items or deduct <br />items acceptable to CITY so as to permit flex- <br />ibility in accepting a bid within the budgeted <br />construction limit. <br /> <br />If upon completion of the work described above, <br />and the award of construction contract is delayed <br />for more than three (3) months after CONSULTANT'S <br />submission of the revised working drawings and <br />specifications and estimates, CITY shall have the <br />option to: <br /> <br /> a. increase the construction budget; or <br /> <br /> b. Authorize CONSULTANT to furnish addi- <br /> tional alternate bid items, CONSULTANT'S <br /> compensation for which shall be on an <br /> Extra Work basis; or <br /> <br /> c. Authorize CONSULTANT to redesign to <br /> bring PROJECT within the budget, CON- <br /> SULTANT'S compensation for which shall <br /> be on an Extra Work basis; or <br /> <br /> d. Cancel agreement as per Section VII. <br /> <br />Both options (b) and (c) above shall be consi- <br />dered Extra Work and paid for on a Time-and- <br />ICaterials basis in accordance with section I.D. <br /> <br />-8- <br /> <br /> <br />