Pricing of Changes Clause Samples
Pricing of Changes. When calculating the change in the Contract Price caused by changes in the Work pursuant to this Article 14 (Changes in Scope of Work), such calculation shall be consistent with Contractor's standard labor rates and general administrative and overhead rates then in effect at the time of the change.
Pricing of Changes. The following pricing methods shall apply to (1) permitted uses of any Contingency or Allowance or
Pricing of Changes. (a) When calculating the change in the Contract Sum caused by changes in the Work pursuant to this Article 11 (Changes in Scope of Work), the pricing set forth in Exhibit C (Contract Pricing, Payments and Milestone Achievement Criteria) shall apply to increases, decreases and other changes in the Work, as applicable. Where the pricing in Exhibit C does not apply to a specific change, (i) if the change in the Work alters the Work in a manner that results in the provision of additional services or materials, the increase in the Contract Sum shall be equal to either (a) a lump sum agreed to by the Parties, or (b) in the absence of agreement by the Parties, the Default Pricing set forth in Exhibit C (Contract Pricing, Payments and Milestone Achievement Criteria) for Contractor services, and (ii) if the change in the Work alters the Work in a manner that results in the provision of fewer services or materials, the decrease in the Contract Sum shall be equal to either (a) a lump sum agreed to by the Parties or (b) in the event the Parties cannot agree on such lump sum, a percentage reduction, as reasonably agreed by the Parties, in the Milestone Payments to which the Work relates in an amount reflecting the reduction of services or materials necessary to complete the Milestones. In determining any increase or decrease in the Contract Sum under this Article 11.3 (Pricing of Changes), the increase or decrease to the Contract Sum shall be further adjusted to take into account the effect, if any, of the increase, decrease or other change in the Work on the efficiencies in performance by Contractor (and its Subcontractors), including the effect on changes in the Initial City Schedules, the incurrence of wind-down expenses (including those described in Article 26.1(d)) and the incurrence of mobilization expenses.
(b) In the event the Parties cannot agree on a change to the Contract Sum as contemplated by Article 11.1(d), then pending resolution of such dispute, Owner shall pay Contractor in accordance with the specific prices set forth in Exhibit C (Contract Pricing, Payments and Milestone Achievement Criteria) or, if such specific pricing is not applicable, in accordance with the Default Pricing for Contractor services set forth in Exhibit C.
(c) Any adjustment made pursuant to this Article 11 (Changes in Scope of Work) shall be set forth in an Amendment to this Contract in accordance with Article 28.3 (Amendments).
Pricing of Changes. 6.2.1 If a CHANGE ORDER provides for an adjustment to the CONTRACT SUM, the adjustment shall be based on one of the following methods:
6.2.1.1 Where the WORK involved is covered by unit prices contained in the Bid Schedule, by application of the unit prices to the quantities of the items involved, as mutually agreed to by the CONTRACTOR and the PM/CM.
6.2.1.2 By mutual acceptance of a unit price not contained in the Bid Schedule, or mutual acceptance of a lump sum price. The CONTRACTOR shall furnish PM/CM with an itemized cost breakdown together with supporting data including the quantities used in computing the unity price and/or lump sum price of the WORK.
6.2.1.3 Only when methods A and B above are exhausted, then on the basis of the Cost of Work plus a CONTRACTOR’S Fee for overhead and profit, as described below. (Cost Plus Basis).
6.2.1.4 Whenever the cost of any work is to be determined on a Cost Plus Basis, CONTRACTOR will submit on forms acceptable to the PM/CM, daily work sheets showing an itemized breakdown together with supporting data used to arrive at a final cost for the WORK. No payment will be made for work not verified by the PM/CM. Final cost for the Change in the WORK shall be reflected and formalized in a Change Order.
6.2.2 Allowable costs for any CHANGE ORDER shall be limited to the following:
6.2.2.1 Costs of labor, including social security, Medicare and unemployment insurance, fringe benefits available to CONTRACTOR’S employees generally.
6.2.2.2 Costs of first line supervision labor, including labor burden as described in Section
Pricing of Changes. When calculating the change in the Contract Price caused by changes in the Work pursuant to this Article 11, such calculation shall be consistent with [**Redacted**].
Pricing of Changes. 61 14.4 Storage................................................................................. 61 15. PERMITS AND LICENSES; COMPLIANCE WITH LAWS...................................................... 64 15.1 United States Permits, Licenses, and Laws............................................... 64 15.2 Non-United States Permits, Licenses, and Laws........................................... 64 15.3
Pricing of Changes. Nokia Corporation Proprietary and Confidential CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. [NOKIA LOGO] 11(25) Developer shall implement the Changes for a [*]. Notwithstanding the above, the Change shall be implemented by Developer [*]. Notwithstanding the above, if a Change becomes necessary in order to comply with any terms and conditions of this Agreement or for the Product(s) to conform to applicable Specifications, [*].
Pricing of Changes. The following pricing methods shall apply to (1) permitted uses of any Contingency or 11 Allowance or (2) any change order or Directive that provides for an adjustment to the Total 12 Base Rent:
Pricing of Changes. The negotiated price for any change will neither exceed the amount initially proposed by Seller as an increase for the change nor be less than the amount initially proposed by Seller as a decrease for the change.
Pricing of Changes. (a) When calculating the change in the Contract Price caused by changes in the Work pursuant to this Article 10 (Changes in Scope of Work), such calculation shall be consistent with general administrative and overhead rates then in effect at the time of the change and Contractor's labor rates, which labor rates shall be subject to the most favored customer provisions of Article 5.3 (Most Favored Customer).
(b) Any adjustment made pursuant to this Article 10 (Changes in the Scope of Work) shall be set forth in an Amendment to this Contract in accordance with Article 28.3 (Amendments). Terms and Conditions Page 41