Common use of Value of Variations Clause in Contracts

Value of Variations. 13.7.1 No variation orders shall exceed 20% (20 per cent) of the Contract Price as required by the Employers procurement policies. 13.7.2 No variation orders shall be valid unless approved, in writing, by the duly authorised official of the Employer.

Appears in 2 contracts

Sources: Conditions of Contract for Epc/Turnkey Projects, Conditions of Contract for Epc/Turnkey Projects