Common use of Adjustments to Contract Sum Clause in Contracts

Adjustments to Contract Sum. The daily cost of any change in the Guaranteed Completion Date(s) shall be limited to the items below, less the amount of any change in the Contract Sum the Design-Builder may otherwise be entitled to pursuant to Section 9.2.8g for any change in the Work that contributed to this change in Guaranteed Completion Date(s): (1) Cost of nonproductive field supervision or labor extended because of the delay; (2) Cost of weekly meetings or similar indirect activities extended because of the delay; (3) Cost of temporary facilities or equipment rental extended because of the delay; (4) Cost of insurance extended because of the delay; (5) General and administrative overhead in an amount to be agreed upon, but not to exceed three percent (3%) of the original Contract Sum divided by the originally specified Contract Time for each Day of the delay.