Common use of Adjustments for Changes in Cost Clause in Contracts

Adjustments for Changes in Cost. ‌ The Price in “Section 5: ▇▇▇▇ of Quantities” and the amounts payable to the Supplier shall not be adjusted for rises or falls in the cost of labor, goods, machinery, equipment, other inputs and any other expense/cost relevant to the Work. No adjustment shall be applied to the Work, the Price is deemed to have included amounts to cover the contingency of other rises and falls in costs valued on the basis of cost or current prices.

Adjustments for Changes in Cost. ‌ The Price in “Section 54: ▇▇▇▇ of Quantities” and the amounts payable to the Supplier shall not be adjusted for rises or falls in the cost of labor, goods, machinery, equipment, other inputs and any other expense/cost relevant to the Work. No adjustment shall be applied to the Work, the Price is deemed to have included amounts to cover the contingency of other rises and falls in costs valued on the basis of cost or current prices.

Adjustments for Changes in Cost. ‌ The Price in “Section 56: ▇▇▇▇ Bill of Quantities” and the amounts payable to the Supplier Contractor shall not be adjusted for rises or falls in the cost of labor, goods, machinery, equipment, other inputs and any other expense/cost relevant to the Work. No adjustment shall be applied to the Work, the Price is deemed to have included amounts to cover the contingency of other rises and falls in costs valued on the basis of cost or current prices.

Adjustments for Changes in Cost. ‌ The Price in “Section 5: ▇▇▇▇ Bill of Quantities” and the amounts payable to the Supplier shall not be adjusted for rises or falls in the cost of labor, goods, machinery, equipment, other inputs and any other expense/cost relevant to the Work. No adjustment shall be applied to the Work, the Price is deemed to have included amounts to cover the contingency of other rises and falls in costs valued on the basis of cost or current prices.