Cost of Changes Clause Samples

The "Cost of Changes" clause defines how the financial impact of modifications to the original contract scope will be managed between the parties. Typically, it outlines the process for identifying, approving, and pricing any changes requested after the contract is signed, such as design alterations or additional work. This clause ensures that both parties understand who bears the cost of changes and how those costs are calculated, thereby preventing disputes and maintaining budgetary control throughout the project.
Cost of Changes. Notwithstanding anything to the contrary in the Amended Lease, Tenant shall be solely responsible for all costs and expenses related to any Changes (including, without limitation, costs of project management by Landlord (which fee shall equal three percent (3%) of the cost of the Change)). Tenant shall, within thirty (30) days of receiving an invoice therefore, pay to Landlord the amount of any such costs.
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Cost of Changes. Within 14 days of the receipt of a written Variation direction from Honeywell, the Subcontractor must provide Honeywell with a price quotation for the Variation, supported by measurements or other evidence of costs. Honeywell must price each Variation in accordance with any agreement reached between Honeywell and the Subcontractor or, where no agreement has been reached, in accordance with reasonable rates or prices (which will include a reasonable amount for profit and overheads). Any deductions will include a reasonable amount for overheads and may include a reasonable amount for profit. The relevant price will be added to or deducted from the Subcontract Sum. The Subcontractor agrees that the amount payable to the Subcontractor for a Variation willwill in no case exceed the amount payable to Honeywell under the Main Contract in relation to that Variation, less the sum of: 1) the percentage mark-up applied on the Subcontractor’s price by Honeywell; and 2) Honeywell’s direct costs, as submitted under the Main Contract in relation to that Variation.
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Cost of Changes. Changes in the Contract Work, including allowances, shall be charged to Owner at cost of labor and materials plus percent ( %) of those costs.
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Cost of Changes. If changes in laws or regulations relating to Recipient's business require changes in the Services, MCI shall use commercially reasonable efforts to accommodate such changes; provided that, Recipient shall have financial responsibility for, and shall promptly reimburse MCI for, any additional costs and expenses incurred in complying with such changes.
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Cost of Changes. Paladin shall reimburse Bioniche for any obsolete inventory, work-in- process, or finished goods resulting from a change in the Specifications, manufacturing process or any raw material or components, that was requested by Paladin.
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Cost of Changes i) [*]. ii) In the event Astellas requests a change or adjustment of the Specifications and/or any aspect of manufacture, including the facilities, equipment, processes, Raw Materials, vendors, Subcontractors or record keeping procedures, the Parties shall discuss such changes [*]. iii) [*]
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Cost of Changes. Patheon will follow the process outlined in Section 6.3.
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Cost of Changes. Rader shall determine the cost of changes based on the in▇▇▇▇▇ntal direct cost of materials and hourly wage rates, plus an overhead and indirect cost burden (the "BURDENED RATE"). For purposes of this Section 11.3, the Burdened Rate is defined to mean an amount equal to the sum of (i) the amount of direct labor costs multiplied by a factor of two; and (ii) the amount of direct material costs multiplied by a factor of one hundred and twenty-five percent (125%).
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Cost of Changes 
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Related to Cost of Changes

  • Cost of Living There will be a cost-of-living allowance calculated on hours worked as follows: An Increase of one (1) cent per hour worked for each rise of .062 points in the Consumer Price Index or a decrease of one (1) cent per hour worked for each drop of .062 points in the Consumer Price Index. When CPI changes would result in a decrease in the total COLA payable, it is agreed and understood that the total COLA payable will be maintained at the level in effect prior to the decrease in CPI in exchange for future offsets. These offsets will take the form of postponing any new COLA generated until such time that the CPI used for any an adjustment date exceeds the CPI that generated the last positive COLA payment. The cost-of-living allowance will be established in accordance with changes in the official Consumer Price Index published by Statistics Canada (2002=100) and hereinafter referred to as the Consumer Price Index which was 112.1 as of June 2007 (May 2007). In no event will a decrease in the Consumer Price Index reduce the contract rates listed in the attached wage schedule outlined in Article 14. The amount of any cost-of-living allowance in effect at any time shall be included in computing overtime pay, jury duty pay and funeral time pay. Index is to be reviewed each quarter commencing January 2014. Revision in cost-of-living allowance will take effect the first of the pay period commencing after Index publication. The continuance of the cost-of-living allowance shall be contingent upon the availability of the official monthly Statistics Canada Consumer Price Index in its present form and calculated on the same basis as the Index published January 25, 2014, unless otherwise agreed upon by the parties. In the event the form or basis of the Index is changed, the parties agree to request said Statistics Canada to continue to furnish, for the term of this agreement, the Index in its present form and calculated on the same basis as the Index published January 25, 2014. Fold in all existing COLA adjustments into wages up to and including adjustment #12 (October 2017).

  • Room Changes No changes in room assignment will be based upon age, race, religion, national origin, disability, sexual orientation, and online profiles except as needed to provide a reasonable accommodation to residents with eligible disabilities registered with the University [Office of Disability Services]. Room change may only be made with the written approval of University Housing and is dependent upon space availability, timing of the request, and grounds for transfer. Residents who receive approval for a room change may be charged a room change fee as shown on the University Housing website, which will be posted to Resident’s account. Room changes that are not authorized by University Housing will result in a fine as shown on the University Housing website, which will be posted to Resident’s account.

  • Cost of Collection If default is made in the payment of this Note, Borrower shall pay the Holder hereof reasonable costs of collection, including reasonable attorneys' fees.

  • Cost of the Work The sum of all allowable costs necessarily incurred and paid by Contractor in the proper performance of the Work.

  • Project Changes Project changes prior to bid opening shall be made by addendum to plans and specifications. Changes after bid opening shall be made by change order. The Local Government shall submit all addenda and all change orders to the Department for an eligibility determination. After execution of all construction, equipment and materials contracts, the Project contingency may be reduced.