Common use of Design-Builder’s Requests for Equitable Adjustments Clause in Contracts

Design-Builder’s Requests for Equitable Adjustments. If Design-Builder believes that any event arising out of or relating to the Work causes a material increase in its cost of, or time required for the performance of, any part of the Work, and that under the terms of the Contract Documents such event entitles Design-Builder to an adjustment to the Contract Sum or the Guaranteed Completion Date(s), then Design-Builder shall comply with the following processes.

Appears in 6 contracts

Sources: Design Build Contract, Design Build Contract, Design Build Contract

Design-Builder’s Requests for Equitable Adjustments. If Design-Builder believes that any event arising out of or relating to the Work causes a material increase increas e in its cost of, or time required for the performance of, any part of the Work, and that under the terms of the Contract Documents such event entitles Design-Builder to an adjustment to the Contract Sum or the Guaranteed Completion Date(s), then Design-Builder shall comply with the following processes.

Appears in 1 contract

Sources: Design Build Contract