Adjustments of price or time for performance Sample Clauses

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Adjustments of price or time for performance. If any change order increases or decreases the CONTRACTOR'S cost of, or the time required for, performance of any part of the work under this Contract, whether or not changed by the order, an adjustment shall be made and the Contract modified in writing accordingly. Any adjustment in the Contract price made pursuant to this provision shall be determined in accordance with the price adjustment provision of this Contract. Failure of the parties to agree to an adjustment shall not excuse the CONTRACTOR from proceeding with the Contract as changed, provided that the Agency procurement officer promptly and duly makes the provisional adjustments in payment or time for performance as may be reasonable. By proceeding with the work, the CONTRACTOR shall not be deemed to have prejudiced any claim for additional compensation, or any extension of time for completion.
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Adjustments of price or time for performance. If any modification increases or decreases the CONTRACTOR'S cost of, or the time required for, performance of any part of the work under this Contract, an adjustment shall be made and this Contract modified in writing accordingly. Any adjustment in contract price made pursuant to this clause shall be determined, where applicable, in accordance with the price adjustment clause of this Contract or as negotiated.
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Adjustments of price or time for performance. If any Change Order or Unilateral Change Directive increases or decreases the DBOM Contractor’s cost of, or the time required for, performance of any part of the Contract Services, whether or not changed by the Change Order or Unilateral Change Directive, as applicable, an adjustment may be made and this Service Agreement shall be modified in writing accordingly. Any adjustment in the Fixed Design-Build Price or the Service Fee, as applicable, made pursuant to this Section shall be determined in accordance with subsection (E) (Price Adjustment) of this Section pursuant to Sections 3-125-3 (Modifications to Goods and Services Contracts) and 3-125-4 (Changes for Construction Contracts), HAR, as applicable. Failure of the parties to agree to an adjustment in time shall not excuse the DBOM Contractor from proceeding with the Contract Services as changed, provided that the Unilateral Change Directive makes such provisional adjustments in time as the Officer-in-Charge deems reasonable. On any price adjustment, the DBOM Contractor shall submit detailed cost breakdowns for materials, equipment and labor, including additional or reductions in time, for the Officer-in-Charge’s approval, within five Business Days or within such further time as the Officer-in-Charge may allow, from the time the DBOM Contractor is informed of any changes in the Contract Services to be performed by the DBOM Contractor. The Cost Substantiation shall be subject to Section 22.9 (Cost Substantiation) and include the DBOM Contractor’s and Subcontractor’s cost breakdown to a level of detail acceptable to the Officer-in-Charge. Should the DBOM Contractor delay or refuse to submit a detailed cost breakdown for the changed Contract Services, the Officer-in-Charge may determine the price adjustment to which the DBOM Contractor may be entitled in accordance with subsection (E) (Price Adjustment) of this Section and include any such adjustment in a Unilateral Change Directive. The DBOM Contractor will be granted an extension of time only if the changes are on the critical path and affect the Scheduled Acceptance Date. If the DBOM Contractor feels that an extension of time is justified, the DBOM Contractor must request it in writing when submitting the detailed cost breakdown for the Change Order. The DBOM Contractor must show how the Scheduled Acceptance Date will be affected based on the progress of the Project and must also support the proposed extension of time with schedules and statements from...
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Adjustments of price or time for performance. After receipt of such notice, the RCUH shall promptly investigate the site, and if it is found that such conditions do materially so differ and cause an increase in the Contractor's cost of, or the time required for, performance of any part of the work under this Agreement, whether or not changed as a result of such conditions, an adjustment shall be made and the Agreement modified in writing accordingly. Any adjustment in price made pursuant to this clause shall be determined in accordance with the price adjustment clause of this Agreement.
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Adjustments of price or time for performance. If any modification increases or decreases the CONTRACTOR'S cost of, or the time required for, performance of any part of the work under this Contract, an adjustment shall be made and this Contract modified in writing accordingly. Any adjustment in contract price made pursuant to this clause shall be determined, where applicable, in accordance with the price adjustment clause of this Contract or as negotiated. e. Claim barred after final payment. No claim by the CONTRACTOR for an adjustment hereunder shall be allowed if written modification of the Contract is not made prior to final payment under this Contract.
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Adjustments of price or time for performance. GPD reserves the right to increase or decrease any unit priced quantity as may be deemed reasonable or necessary in order to complete the Services contemplated under this Agreement. If any such change order increases or decreases the Contractor's cost of, or the time required for, performance of any part of the services under this Agreement, whether or not changed by the order, an adjustment shall be made and the Agreement modified in writing accordingly. Any adjustment in contract price made pursuant to this clause shall be determined in accordance with the Standard Price Adjustment Clause of this Agreement. Failure of the parties to agree to an adjustment shall not excuse a Contractor from proceeding with the Agreement as changed, provided that the government of Guam promptly and duly make such provisional adjustments in payments or time for performance as may be reasonable. By proceeding with the services, the Contractor shall not be deemed to have prejudiced any claim for additional compensation, or an extension of time for completion. All changes must be recorded on a contract change order before they can be included in an application for payment/invoice.
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Related to Adjustments of price or time for performance

  • Adjustments to Purchase Price The Preliminary Purchase Price shall be adjusted as follows and the resulting amount shall be herein called the “Final Purchase Price”: (a) The Preliminary Purchase Price shall be adjusted upward by the following: (1) The value of all merchantable oil in storage above the pipeline connection at the Effective Time that is credited to the Interests, such value to be the market or contract price in effect as of the Effective Time less taxes deducted by the purchaser of such oil; (2) The amount of all expenditures (including, without limitation, royalties, rentals and other charges, ad valorem, property, production, excise, severance, windfall profit and other taxes based upon or measured by the ownership of property or the production of hydrocarbons or the receipt of proceeds therefrom, expenses billed under applicable operating agreements and, in the absence of an operating agreement, expenses of the sort customarily billed under such agreements) paid by or on behalf of Seller in connection with the operation of the Interests after the Effective Time; (3) An amount equal to all prepaid expenses attributable to the Interests that are paid by or on behalf of Seller prior to the Closing Date and that are, in accordance with generally accepted accounting principles, attributable to the period after the Effective Time including, without limitation, prepaid ad valorem, property, production, severance and similar taxes (but not including income taxes) based upon or measured by the ownership of property or the production of hydrocarbons or the receipt of proceeds therefrom; and (4) Any other amount agreed upon in writing by Seller and Buyer. (b) The Preliminary Purchase Price shall be adjusted downward by the following: (1) Proceeds received by Seller prior to the Closing Date attributable to the Interests and that are, in accordance with generally accepted accounting principles, attributable to the period of time after the Effective Time; (2) An amount equal to all unpaid ad valorem, property, production, severance and similar taxes and assessments (but not including income taxes) based upon or measured by the ownership of property or the production of hydrocarbons or the receipt of proceeds therefrom accruing to the Interests prior to the Effective Time, which amount shall be computed based upon such taxes assessed against the applicable portion of the Interests for the preceding calendar year or, if such taxes are assessed on other than a calendar year basis, for the tax related year last ended; (3) An amount equal to the sum of all Defect Adjustments and Exclusion Adjustments (as those terms are defined in Section 5.03); and (4) An amount equal to the allocated purchase price for the particular WI Owner specified in Exhibit “A” hereto for any WI Owner listed in Exhibit “A” that does not agree to sell and join in the Assignment to Buyer. In that event, the WI and NRI fractions set forth in Exhibit “B” for any lease in which any WI Owner elects not to join shall be adjusted downward by the parties to exclude the WI and NRI of the non-joining WI Owner. (5) Any other amount agreed upon in writing by Seller and Buyer.