Change of Contract Price Due to Claims or Change Orders Sample Clauses

The "Change of Contract Price Due to Claims or Change Orders" clause defines how the contract price may be adjusted when there are approved changes to the scope of work or when claims arise during the project. Typically, this clause outlines the procedures for submitting and evaluating claims or change orders, such as requiring written documentation, cost breakdowns, and mutual agreement before any price adjustment is made. Its core function is to provide a clear and fair mechanism for modifying the contract price, ensuring that both parties understand how financial adjustments will be handled in response to unforeseen circumstances or agreed-upon changes.
Change of Contract Price Due to Claims or Change Orders. The Contract Price may only be changed by a Change Order. Approved Changes in the Work or accepted Claims that affect the Contract Price will be addressed through the Change Order process provided in this Agreement. Any adjustment in the Contract Price resulting from a Change in the Work or Claim will be determined as follows:
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Related to Change of Contract Price Due to Claims or Change Orders

  • Change Orders Any alteration or deviation from the Services mentioned or any other contractual specifications that result in a revision of this Agreement shall be executed and attached to this Agreement as a change order (“Change Order”).

  • Contractor Changes The Contractor shall notify DAS in writing no later than ten (10) Days from the effective date of any change in: a. its certificate of incorporation or other organizational document; b. more than a controlling interest in the ownership of the Contractor; or c. the individual(s) in charge of the Performance. This change shall not relieve the Contractor of any responsibility for the accuracy and completeness of the Performance. DAS, after receiving written notice by the Contractor of any such change, may require such agreements, releases and other instruments evidencing, to DAS’s satisfaction, that any individuals retiring or otherwise separating from the Contractor have been compensated in full or that provision has been made for compensation in full, for all work performed under terms of the Contract. The Contractor shall deliver such documents to DAS in accordance with the terms of DAS’s written request. DAS may also require, and the Contractor shall deliver, a financial statement showing that solvency of the Contractor is maintained. The death of any Contractor Party, as applicable, shall not release the Contractor from the obligation to Perform under the Contract; the surviving Contractor Parties, as appropriate, must continue to Perform under the Contract until Performance is fully completed.

  • Contract Changes Changes may not be made in the terms and conditions of this contract without the agreement and written permission of the Director of Housing.

  • Contract Price The Contractor shall supply the Contractor Deliverables to the Authority at the Contract Price. The Contract Price shall be a Firm Price unless otherwise stated in Schedule 3 (Contract Data Sheet). Subject to clause G2 the Contract Price shall be inclusive of any UK custom and excise or other duty payable. The Contractor shall not make any claim for drawback of UK import duty on any part of the Contract Deliverables supplied which may be for shipment Overseas. D Intellectual Property

  • C1 Contract Price In consideration of the Contractor’s performance of its obligations under the Contract, the Authority shall pay the Contract Price in accordance with clause C2 (Payment and VAT).