For Change Clause Samples
The "For Change" clause establishes the terms under which modifications to an agreement or contract may be made. Typically, this clause outlines the process for proposing, approving, and implementing changes, such as requiring written consent from all parties or specifying who has authority to request changes. Its core practical function is to provide a clear and agreed-upon mechanism for adapting the contract to evolving circumstances, thereby reducing disputes and ensuring that all parties are aware of and consent to any alterations.
For Change. Order Work directed by the Owner, where the headquarters of the Subcontractor actually performing the work is more than 100 miles from the Project Site, the Subcontractor may include in the cost of the Change Order a stipend of fifty dollars per day for each worker performing work at the Site if that worker is receiving a per diem under present company policy, not to exceed the number of workers and number of days determined by Design Professional’s decision to be attributable to the new work so ordered, so long as the number of workers and number of days attributable to any deleted work is deducted there from. No allowance for overhead or profit as set forth in Article 3.2.8 may be added to the Change Order cost on account of the stipend amount, and the full amount of the stipend must be actually paid to the eligible worker or it shall be forfeited by the Contractor and Subcontractor(s).
For Change. Order Work directed by the Board, where the headquarters of the Subcontractor actually performing the work is more than one hundred (100) miles from the Project Site, the Subcontractor may include in the cost of the Change Order a stipend of fifty dollars ($50.00) per day for each worker performing work at the Site if that worker is receiving a per diem under present company policy, not to exceed the number of workers and number of days determined by Design Professional’s decision to be attributable to the new work so ordered, so long as the number of workers and number of days attributable to any deleted work is deducted there from. No allowance for overhead or profit as set forth in Article 3.4.8 may be added to the Change Order cost on account of the stipend amount, and the full amount of the stipend must be actually paid to the eligible worker or it shall be forfeited by the CMR and Subcontractor(s).
For Change. Compensation Events during the Operating Phase that involve a capital component, the Base Costs and Agreed Margin for the capital cost component will be calculated as: where: A = all necessary Base Costs (excluding FM Base Costs and Construction Base Costs); B = the Construction Base Costs; C = the applicable Builder Preliminaries (set out in Table 2) multiplied by B; and D = the applicable Builder Margin, being:
(i) during the first 5 years of the Operating Phase, the percentage set out in Table 2 (whether or not it is the Builder or some other builder that undertakes the relevant works); or
(ii) after the first 5 years of the Operating Phase, the percentage that a builder may charge as determined through a competitive process in accordance with Section 5 of this Part A, multiplied by B. Threshold [not disclosed] to [not disclosed] Base Cost1 >[not disclosed] to [not disclosed] Base Cost1 >[not disclosed] Base Cost1 Builder Margin [not disclosed] [not disclosed] [not disclosed] Builder Preliminaries [not disclosed] [not disclosed] [not disclosed] 1The above dollar thresholds are indexed by the CPI Multiplier Annual (OC) at the commencement of each calendar year following Contractual Close.
For Change. Order Work directed by the Owner, where the headquarters of the Subcontractor actually performing the work is more than 100 miles from the Project Site, the Subcontractor may include in the cost of the Change Order a stipend of fifty dollars per day for each worker performing work at the Site if that worker is receiving a per diem under present company policy, not to exceed the number of workers and number of days determined by Design Professional’s decision to be attributable to the new work so ordered, so long as the number of workers and number of days attributable to any deleted work is deducted there from. No allowance for overhead or profit as set forth in Article