Common use of Component Change Order Clause in Contracts

Component Change Order. In the case of the initial Component Change Order, payment and performance bonds furnished by the Design-Builder in conformance with and in the form set forth in the Contract Documents designating the Design-Builder as the principal obligor and the Owner as the obligee, in an amount of the Change Order Sum covering the Work under that Component Change Order and, in the case of subsequent Component Change Orders, an endorsement to such bonds increasing the aggregate amount of the bonds to an amount equal to the aggregate of the Change Order Sums of all Component Change Orders to this Contract. See also Article 1.8.

Component Change Order. (a) In the case of the initial Component Change Order, payment and performance bonds furnished by the Design-Builder CM/GC in conformance with and in the form set forth in the Contract Documents designating the Design-Builder CM/GC as the principal obligor and the Owner as the obligee, in an amount of the Change Order Sum covering the Work under that Component Change Order and, in the case of subsequent Component Change Orders, an endorsement to such bonds increasing the aggregate amount of the bonds to an amount equal to the aggregate of the Change Order Sums of all Component Change Orders to this Contract. See also Article 1.8.

Component Change Order. (a) In the case of the initial Component Change Order, payment and performance bonds furnished by the Design-Builder in conformance with and in the form set forth in the Contract Documents designating the Design-Builder as the principal obligor and the Owner as the obligee, in an amount of the Change Order Sum covering the Work under that Component Change Order and, in the case of subsequent Component Change Orders, an endorsement to such bonds increasing the aggregate amount of the bonds to an amount equal to the aggregate of the Change Order Sums of all Component Change Orders to this Contract. See also Article 1.8.Section

Component Change Order. (a) In the case of the initial Component Change Order, payment and performance bonds furnished by the Design-Builder in conformance with and in the form set forth in the Contract Documents designating the Design-Builder as the principal obligor and the Owner as the obligee, in an amount of the Change Order Sum covering the Work under that Component Change Order and, in the case of subsequent Component Change Orders, an endorsement to such bonds increasing the aggregate amount of the bonds to an amount equal to the aggregate of the Change Order Sums of all Component Change Orders to this Contract. See also Article 1.8.Article