Common use of Changes to the Contract Price Clause in Contracts

Changes to the Contract Price. To the extent that the Party requesting the Change reasonably demonstrates that such Change will affect the basis for the Contract Price (taking into consideration implementation of reasonable mitigation of such effect), then System Owner will issue the Change Order including an equitable change in the Contract Price. System Owner shall determine, in its sole discretion, whether such change in the Contract Price shall be based (a)on a lump sum adjustment or (b) on the documented change in Supplier’s actual costs, reasonably incurred, associated with the Change.