Amendments of Work Program or Budget Sample Clauses

Amendments of Work Program or Budget. As is required in most contracts, variations may occur in the work program or budget. To accommodate this, Article 6.4b of the Ghana-AGM Agreement requires that any amendment to any work program or budget shall be submitted to the JMC for review and approval provided that the amendment leads to increase in excess of 5% of the total budget of a line item or of the total budget of the project. In this case, the increase is said to be of material significance. However, in this industry an increase of less than 5% in repeated amendments could amount to more than the prescribed material significance in the contract budget. This is another loose end on budget control which should not be allowed in the contract. This has been addressed in the Ghana-COLA/MEDEA Agreement which requires all amendments whether material or not to be subject to review and approval of the JMC, an improvement over the Ghana-AGM Agreement.
Sample 1
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Amendments of Work Program or Budget. As is required in most contracts, variations may occur in the work program or budget. To accommodate this, the Agreement requires that any amendment to any work program or budget shall be submitted to the JMC for review and approval provided that the amendment leads to increase in excess of 5% of the total budget of a line item or of the total budget of the project. In this case, the increase is said to be of material significance. However, in this industry an increase of less than 5% in repeated amendments could amount to more than the prescribed material significance in the contract budget. This is another loose end on budget control which should not be allowed in the contract. Other Important Provisions
Sample 1

Related to Amendments of Work Program or Budget

  • Project Plan Development of Project Plan Upon the Authorized User’s request, the Contractor must develop a Project Plan. This Project Plan may include Implementation personnel, installation timeframes, escalation procedures and an acceptance plan as appropriate for the Services requested. Specific requirements of the plan will be defined in the RFQ. In response to the RFQ, the Contractor must agree to furnish all labor and supervision necessary to successfully perform Services procured from this Lot. Project Plan Document The Contractor will provide to the Authorized User, a Project Plan that may contain the following items: • Name of the Project Manager, Contact Phone Numbers and E-Mail Address; • Names of the Project Team Members, Contact Phone Numbers and E-Mail Address; • A list of Implementation milestones based on the Authorized User’s desired installation date; • A list of responsibilities of the Authorized User during system Implementation; • A list of designated Contractor Authorized Personnel; • Escalation procedures including management personnel contact numbers; • Full and complete documentation of all Implementation work; • Samples of knowledge transfer documentation; and • When applicable, a list of all materials and supplies required to complete the Implementation described in the RFQ. Materials and Supplies Required to Complete Implementation In the event that there are items required to complete an Implementation, the Contractor may request the items be added to its Contract if the items meet the scope of the Contract. Negotiation of Final Project Plan If the Authorized User chooses to require a full Project Plan, the State further reserves the right for Authorized Users to negotiate the final Project Plan with the apparent RFQ awardee. Such negotiation must not substantively change the scope of the RFQ plan, but can alter timeframes or other incidental factors of the final Project Plan. The Authorized User will provide the Contractor a minimum of five (5) business days’ notice of the final negotiation date. The Authorized User reserves the right to move to the next responsible and responsive bidder if Contractor negotiations are unsuccessful.

  • Statement of Work The Contractor shall provide the services and staff, and otherwise do all things necessary for or incidental to the performance of work, as set forth below:

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