Change in Contract Price Sample Clauses

Change in Contract Price. The Consultant will have authority to reject work which in the Consultant’s opinion does not conform to the requirements of the Contract Documents. Whenever the Consultant considers it necessary or advisable, the Consultant will have authority to require inspection or testing of work, whether or not such work is fabricated, installed or completed. However, neither the authority of the Consultant to act nor any decision either to exercise or not to exercise such authority shall give rise to any duty or responsibility of the Consultant to the Construction Manager, Subcontractor, Suppliers, or their agents, employees, or other persons performing any of the Work.

Change in Contract Price. If the Contract Price is adjusted under Section 9.8: (i) in the case of an increase, the Contractor shall, within 3 days and as a condition precedent to any further payment by the Owner, provide the Owner with a replacement bank guarantee or confirmation of an increase in the outstanding bank guarantee to equal the applicable percentage of the new Contract Price as set forth in Appendix 2, Ex. 4; and (ii) in the case of a decrease, the Contractor may within 3 days provide the Owner with a replacement bank guarantee to equal the applicable percentage of the new Contract Price as set forth in Appendix 2, Ex. 4.

Change in Contract Price. The Grant Award is the agreed-upon price for the Project authorized by this Agreement and may be changed only by approved Change Order(s), signed by NCORR and Owner. Except in an emergency endangering life or property, Contractor shall make no changes to the Scope of Work outside an approved Change Order. The value of any work covered by an authorized Change Order, either additive or deductive, shall be based on the final Bid Book Pricing and agreed to by Contractor in RFPQ. Subsequent Change Orders shall then represent the entire Grant Agreement between the parties for the reconstruction of their damaged home under the CDBG-DR Housing Program. Owner(s) understand and acknowledge that any and all change orders made subsequent to the Original Grant Agreement will be incorporated herein by reference.

Change in Contract Price. The Grant Award is the agreed-upon price for the Project authorized by this Agreement and may be changed only by approved Change Order(s), signed by NCORR and Owner. Except in an emergency endangering life or property, Contractor shall make no changes to the Scope of Work outside an approved Change Order. The value of any work covered by an authorized Change Order, either additive or deductive, shall be based on the final Bid Book Pricing agreed to by Contractor in RFPQ. Subsequent Change Orders shall then represent the entire Grant Agreement between the parties for the reconstruction of their damaged home under the CDBG-DR Housing Program. Owner(s) understand and acknowledge that any and all change orders made subsequent to the Original Grant Agreement will be incorporated herein by reference.

Change in Contract Price. The Grant Award is the agreed-upon price for the Project authorized by this Agreement and may be changed only by approved Change Order(s), signed by NCEM and Owner. Except in an emergency endangering life or property, Contractor shall make no changes to the Scope of Work outside an approved Change Order. The value of any work covered by an authorized Change Order, either additive or deductive, shall be based on the final Bid Book Pricing agreed to by Contractor in RFPQ with overhead and profit for all Change Orders pursuant to RFPQ.

Change in Contract Price. 8.4.1. Subject to Section 8.4.2, an increase or decrease in the Contract Price, if any, requested pursuant to the Proposed Changes shall be determined by the mutual agreement of the Parties and Authority. Such proposed increase or decrease in the Contract Price shall be calculated: (a) as a lump sum, in an amount proposed by Contractor (properly itemized and supported by sufficient substantiating data to permit evaluation) and accepted by Owner and Authority; (b) by unit pricing at prices accepted by Owner and Authority; or (c) by cost plus a percentage of the costs accepted by Owner and Authority; provided that all costs are properly identified. After performing the work related to a Change Order, Contractor shall provide Owner and Authority with all purchase orders, invoices and other documents as may enable Owner and Authority to verify, to their reasonable satisfaction, Contractor’s costs or savings associated with the Change Order. All equipment, materials, labor and other items required as a result of a Change Order shall be purchased by Contractor at competitive market prices and rates. Pricing with respect to components shop fabricated by Contractor or for field service engineering shall be set at market rates agreed to by Owner and Authority in advance. Contractor shall maintain daily records of labor time and equipment and materials expended prosecuting the Work that is subject to reimbursement as Direct Costs and shall submit such records to Owner and Authority daily. 8.4.2. Notwithstanding the provisions of Section 8.4.1, for a Change in capacity of an SGF (increase or decrease in kW DC) that does not involve a material change ("Material Change") whereby some or all of the SGF is changed from one SGF Type (roof, ground, carport) to another SGF type, the increase or decrease in the applicable Local Unit Price (and the Contract Price) will be calculated on a linear ($/W) unit price basis in accordance with the Local Unit Price allocated to the SGF and set forth in Attachment V- A. For a Change in capacity that does involve a Material Changes (for example, if some or all of the SGF changed from a rooftop mounted SGF to a carport SGF, the carport- portion of the Site would be subject to a non-linear change to the Local Unit Price), the Contract Price adjustment provisions of Section 8.4.1 shall apply. 8.4.3. Notwithstanding the provisions of Sections 8.4.1 and 8.4.2, in case of any termination of the Work for any SGF other than pursuant to a termin...

Change in Contract Price. 11.1 The Contract Price constitutes the total compensation payable to the CONTRACTOR for performing the Work. All duties, responsibilities and obligations assigned to or undertaken by the CONTRACTOR shall be at CONTRACTOR’s expense without change in the Contract Price. 11.2 The Contract Price may only be changed by a Change Order on form GSD:009. Any claim for an increase or decrease in the Contract Price shall be in writing and delivered to the OWNER'S REPRESENTATIVE within fifteen (15) calendar days of the occurrence of the event giving rise to the claim and stating the general nature of the claim. Notice of the amount of the claim with supporting data shall be delivered within fifty (50) calendar days after such occurrence (unless DISTRICT allows an additional period of time to ascertain more accurate data in support of the claim) and shall be accompanied by the CONTRACTOR'S written statement that the amount claimed covers all known amounts (direct, indirect, and consequential) to which the CONTRACTOR has reason to believe it is entitled as a result of the occurrence of said event. No claim for an adjustment in the Contract Price will be valid if not submitted in accordance with paragraph 11.

Change in Contract Price. 4.1 After the unit price in the equipment list is agreed in the contract, neither party shall change it without authorization. 4.2 When the purchaser proposes an increase or decrease in the quantity of materials/equipment according to the method agreed in this contract, the contract settlement price shall be adjusted based on the actual supply quantity, and the comprehensive unit price shall remain unchanged. 4.3 If the Purchaser changes the materials/equipment, the Supplier shall submit a report on the change of the contract price within [ ] days after the written confirmation of both parties (the Supplier can only adjust the contract amount for the price difference caused by the change of specifications, models and quantities, but cannot charge any other fees for the Purchaser’s change behavior). The contract price can be adjusted after the written confirmation of the Purchaser. 4.4 If the supplier fails to submit a report on the change of material/equipment price to the purchaser within [ ] days after both parties confirm the change, it shall be deemed that the change does not involve any change in the contract price. 4.5 If the material/equipment changes are caused by the supplier’s own reasons, the supplier has no right to request additional contract price. 4.6 Due to national policies leading to adjustments in the value-added tax rate, the value-added tax shall be calculated based on the actual tax rate after the separation of price and tax, and the provisional total contract price and contract unit price shall be dynamically adjusted based on the above non tax contract price and value-added tax. 4.7 Price adjustment method (if any):/.

Change in Contract Price. THE PRICE PROVIDED FOR IN PARAGRAPH 1 OF CLAUSE 7 OF CONTRACT 21IN10070016 IS AMENDED AS FOLLOWS: 1 - FOR THE PROVISION OF THE SERVICES OBJECT OF THE CONTRACT, AS WELL AS FOR THE FULFILLMENT OF THE OTHER OBLIGATIONS CONTAINED IN THIS CONTRACT, THE PUBLIC CONTRACTING PARTY MUST PAY THE BIDDER THE ▇▇▇▇▇ SHOWN IN THE AWARDED PROPOSAL IN THE AMOUNT OF €170.952,16 (one hundred seventy thousand nine hundred and fifty-two euros and sixteen cents), PLUS VAT AT THE LEGAL RATE IN FORCE.