Contingency Allowance. 4.2.1. The Contract Price includes the contingency allowance, if any, stated in the Contract Documents. 4.2.2. The contingency allowance includes the Contractor's overhead and profit in connection with such contingency allowance. 4.2.3. Expenditures under the contingency allowance shall be authorized and valued as provided in GC6.1 – Owner’s Right to Make Changes, GC6.2 – Change Order and GC6.3 – Change Directive. 4.2.4. The Contract Price shall be adjusted by Change Order to provide for any difference between the expenditures authorized under paragraph 4.2.3 and the contingency allowance. Part 5 - Payment
Appears in 4 contracts
Sources: Stipulated Price Contract, Stipulated Price Contract, Stipulated Price Contract
Contingency Allowance. 4.2.1. 4.2.1 The Contract Price includes the contingency allowance, if any, stated in the Contract Documents.
4.2.2. 4.2.2 The contingency allowance includes the Contractor's overhead and profit in connection with such contingency allowance.
4.2.3. 4.2.3 Expenditures under the contingency allowance shall be authorized and valued as provided in GC6.1 GC 6.1 – Owner’s Right to Make ChangesOWNER’S RIGHT TO MAKE CHANGES, GC6.2 – Change Order GC 6.2 - CHANGE ORDER and GC6.3 – Change DirectiveGC 6.3 - CHANGE DIRECTIVE.
4.2.4. 4.2.4 The Contract Price shall be adjusted by Change Order to provide for any difference between the expenditures authorized under paragraph 4.2.3 and the contingency allowance. Part 5 - Payment18 CCDC 4 – 2011
Appears in 2 contracts
Sources: Unit Price Contract, Unit Price Contract
Contingency Allowance. 4.2.1. The Contract Price includes the contingency allowance, if any, stated in the Contract Documents.
4.2.2. The contingency allowance includes the Contractor's overhead and profit in connection with such contingency allowance.
4.2.3. Expenditures under the contingency allowance shall be authorized and valued as provided in GC6.1 – Owner’s Right to Make Changes, GC6.2 – Change Order and GC6.3 – Change Directive.
4.2.4. The Contract Price shall be adjusted by Change Order to provide for any difference between the expenditures authorized under paragraph 4.2.3 and the contingency allowance. Part 5 - Payment.
Appears in 1 contract
Sources: Stipulated Price Contract