The allowance is not the whole package
Landlords are holding improvement allowances steady while narrowing what qualifies, changing disbursement timing, and shortening completion windows. The number survives; the utility does not.
Read the mechanics
The work-letter should be modeled like a funding agreement.
Eligible hard and soft costs
Submission and reimbursement deadlines
Who carries cost overruns
Treatment of unused allowance
Protect the opening date
Tie critical landlord work to clear milestones and remedies. If occupancy depends on base-building delivery, a vague completion standard converts the landlord's delay into the tenant's operating problem.