Common use of Changes to the Contract Price Clause in Contracts

Changes to the Contract Price. Any increase (or decrease, in the context of a Change Order decreasing the amount of Work to be performed) in the Contract Price, if any, resulting from a Change shall be determined and shall be payable by (or due to) Owners as follows: (i) [***] (ii) if the Parties do not agree, then until such matter is resolved and the payment for such Change is determined pursuant to Article 27 [***];

Appears in 1 contract

Sources: Engineering, Procurement and Construction Agreement (Alabama Power Co)

Changes to the Contract Price. Any increase (or decrease, in the context of a Change Order decreasing the amount of Work to be performed) in the Contract Price, if any, resulting from a Change shall be determined and shall be payable by (or due to) Owners as follows: (i) [***]; (ii) if the Parties do not agree, then until such matter is resolved and the payment for such Change is determined pursuant to Article 27 [***]27, the Work resulting from the Change shall be performed on a Time and Materials Basis;

Appears in 1 contract

Sources: Engineering, Procurement and Construction Agreement (Georgia Power Co)