Common use of Requirements for Change Order Proposal Clause in Contracts

Requirements for Change Order Proposal. Contractor shall include material, labor, and equipment separately priced for each element of Work. Proposals shall be accompanied by sufficiently detailed supporting documentation to permit verification by MTS, including but not limited to estimates and quotations from subcontractors or material suppliers, as MTS may reasonably request. Allowable Overhead and Profit may be added to the total of these costs if allowed by the Contract Documents. As general guidance, all cost documentation shall be tabulated from detailed computerized spreadsheets in a “workbook” which will be compiled into useful summary spreadsheets as directed by MTS.

Appears in 2 contracts

Sources: Construction Agreement, Construction Agreement