Separated Contract Price Adjustments in Change Orders Clause Samples
The Separated Contract Price Adjustments in Change Orders clause defines how changes to the contract price are calculated and documented when modifications to the scope of work occur. In practice, this clause requires that any adjustments—whether increases or decreases—are itemized and attributed to specific portions of the work affected by the change order, rather than being combined into a single lump sum. This approach ensures transparency and clarity in pricing, helping both parties understand the financial impact of each change and reducing the potential for disputes over cost allocation.
Separated Contract Price Adjustments in Change Orders. Any adjustment by Change Order to the Contract Price shall be made on a fixed price separated basis as provided in 34 Tex. Admin. Code Section 3.291(a)(13) to specify the applicable adjustments to the Aggregate Equipment Price and Aggregate Labor and Skills Price in accordance with Article 7.
Separated Contract Price Adjustments in Change Orders. Any adjustment by Change Order to the Contract Price which is made on a fixed price separated basis shall be separated pursuant to 34 Tex. Admin. Code Rule § 3.291(a)(13) to specify the applicable adjustments to the Aggregate Equipment Price and Aggregate Labor and Skills Price in accordance with Article 7. 6.12 COVID-19 Provisional Sum and COVID-19 Events. A. COVID-19 Provisional Sum. Set forth in Attachment II are countermeasures, means, methods, responsive and preventative measures with respect to COVID-19 (“COVID-19 Countermeasures”) that Contractor or its Subcontractors or Sub- subcontractors may implement in the performance of the Work in accordance with Section 6.