Common use of Additional Works Clause in Contracts

Additional Works. For Variation Orders, the contractor shall be paid for additional work items whose unit prices shall be derived based on the following: For additional/extra works duly covered by Change Orders involving work items which are exactly the same or similar to those in the original contract, the applicable unit prices of work items original contract shall be used. For additional/extra works duly covered by Extra Work Orders involving new work items that are not in the original contract, the unit prices of the new work items shall be based on the direct unit costs used in the original contract (e.g., unit cost of cement, rebars, form lumber, labor rate, equipment rental, etc.). All new components of the new work item shall be fixed prices, provided the same is acceptable to both the Procuring Entity and the contractor, and provided further that the direct unit costs of new components shall be based on the contractor's estimate as validated by the procuring entity concerned via documented canvass in accordance with existing rules and regulations. The direct cost of the new work item shall then be combined with the mark-up factor (i.e., taxes and profit) used by the contractor in his bid to determine the unit price of the new work item. Request for payment by the contractor for any extra work shall be accompanied by a statement, with the approved supporting forms, giving a detailed accounting and record of the amount for which payment is claimed. Said request for payment shall be included with the contractor's statement for progress payment.

Appears in 3 contracts

Samples: Construction Agreement, Construction Agreement, legal.upm.edu.ph

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Additional Works. For Variation Orders, the contractor CONTRACTOR shall be paid for additional work items whose unit prices shall be derived based on the following: For additional/extra works duly covered by Change Orders involving work items which that are exactly the same or similar to those in the original contractContract, the applicable unit prices of work items original contract Contract shall be used. For additional/extra works duly covered by Extra Work Orders involving new work items that are not in the original contractContract, the unit prices of the new work items shall be based on the direct unit costs used in the original contract Contract (e.g., unit cost of cement, rebars, form lumber, labor rate, equipment rental, etc.). All new components of the new work item shall be fixed prices, provided the same is acceptable to both the Procuring Entity PROCURING ENTITY and the contractorCONTRACTOR, and provided further that the direct unit costs of new components shall be based on the contractorCONTRACTOR's estimate as validated by the procuring entity PROCURING ENTITY concerned via documented canvass in accordance with existing rules and regulations. The direct cost of the new work item shall then be combined with the mark-up factor (i.e., taxes and profit) used by the contractor CONTRACTOR in his bid to determine the unit price of the new work item. Request for payment by the contractor CONTRACTOR for any extra work shall be accompanied by a statement, with the approved supporting forms, giving a detailed accounting and record of the amount for which payment is claimed. Said request for payment shall be included with the contractorCONTRACTOR's statement for progress payment.

Appears in 2 contracts

Samples: Construction Agreement, Construction Agreement

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