Common use of Change Order Pricing Clause in Contracts

Change Order Pricing. All Change Orders must be priced in accordance with the rates set out in the Pricing Schedule. If the Rates set out in the Pricing Schedule are not applicable to the Change Order, the Parties shall first attempt to negotiate a mutually acceptable lump sum increase or decrease to the Contract Price properly itemized and supported by sufficient substantiating data to permit evaluation.

Appears in 4 contracts

Sources: Contract Agreement, Contract Agreement, Contract Agreement