CHANGE ORDER ACCOUNTING. [OCT 2017] Change order accounting is required whenever the estimated cost of a change or series of related changes exceeds $50,000. For each change or series of related changes, the Seller shall establish and maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable, direct costs (less allocable credits) of work, both changed and not changed, allocable to the change. Seller shall maintain such accounts until the parties agree to an equitable adjustment for the changes ordered by the Procurement Representative or the matter is conclusively disposed of in accordance with the Resolution of Disputes clause. This clause applies whenever Seller believes the subcontract has been changed, either because of an ordered change or any other reason.
CHANGE ORDER ACCOUNTING. As part of Owner’s general right to issue a Directive Letters as set forth in Article 14.2, in the event the Parties cannot agree on a Change Order in a timely manner, Owner may issue a Directive Letter and require Change Order accounting. Contractor, for each change or series of related changes, shall maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable direct costs (less allocable credits) of work, both changed and not changed, which are allocable to the change. Contractor shall maintain such accounts until the Parties agree to a Change Order for the changes ordered by Owner or the matter is conclusively disposed of in accordance with Article 29. If Owner issues a Time and Materials Change Order, Change Order accounting shall include maintenance of Time and Materials Records as described in Article 14.13.2.
CHANGE ORDER ACCOUNTING. The Owner’s Representative may require Change and Change-order accounting whenever the estimated cost of a Change or series of related Changes exceeds $100,000. The Private Entity, for each such Change or series of related Changes, must maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable, direct costs (less allocable credits) of Work, both changed and not changed, allocable to the Change. The Private Entity shall maintain such accounts until the parties agree to an equitable adjustment for the Changes ordered by the Owner’s Representative or the matter is finally disposed of in accordance with Section 17.5. However, Private Entity shall continue to work on the Project without any interruption and/or delay.
CHANGE ORDER ACCOUNTING. The buyer may require change order accounting. The Seller, for each change or series of changes, shall, if specifically directed by the Buyer, maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable, direct costs (less allocable credits) of work, allocable to the change(s). If so directed, the Seller shall maintain such accounts until the parties agree to an equitable adjustment for the changes ordered by the Buyer or the matter is conclusively disposed of in accordance with the disputes resolution provisions of this Order.
CHANGE ORDER ACCOUNTING. The Owner’s Representative may require Change and Change-order accounting whenever the estimated cost of a Change or series of related Changes exceeds $100,000. The Contractor, for each Change or series of related Changes, must maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable, direct costs (less allocable credits) of work, both changed and not changed, allocable to the Change. The Contractor shall maintain such accounts until the parties agree to an equitable adjustment for the Changes ordered by the Owner’s Representative or the matter is finally disposed of in accordance with Section 17.5.
CHANGE ORDER ACCOUNTING. The Buyer may require change order accounting whenever the estimated cost of a change or series of related changes exceeds $100,000. The Subcontractor, for each change or series of related changes, shall maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable, direct costs (less allocable credits) of work, both changed and not changed, allocable to the change. The Subcontractor shall maintain such accounts until the parties agree to an equitable adjustment for the changes ordered by the Contracting Officer/Buyer or the matter is conclusively disposed of in accordance with the Disputes clause.
CHANGE ORDER ACCOUNTING. As prescribed in 43.205(f), the con- tracting officer may insert a clause, substantially the same as follows: CHANGE ORDER ACCOUNTING (APR 1984) The Contracting Officer may require change order accounting whenever the esti- mated cost of a change or series of related changes exceeds $100,000. The Contractor, for each change or series of related changes, shall maintain separate accounts, by job order or other suitable accounting proce- dure, of all incurred segregable, direct costs (less allocable credits) of work, both changed and not changed, allocable to the change. The Contractor shall maintain such accounts until the parties agree to an equitable ad- justment for the changes ordered by the Con- tracting Officer or the matter is conclusively disposed of in accordance with the Disputes clause. (End of clause) [48 FR 42478, Sept. 19, 1983, as amended at 54 FR 29297, July 11, 1989; 56 FR 15156, Apr. 15, 1991]
CHANGE ORDER ACCOUNTING. Change order accounting is required whenever the estimated cost of a change or series of related changes exceeds $50,000. For each change or series of related changes, the Seller shall establish and maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable, direct costs (less allocable credits) of work, both changed and not changed, allocable to the change. The Seller shall maintain such accounts until the parties agree to an equitable adjustment for the changes ordered by the Subcontract Administrator or the matter is conclusively disposed of in accordance with the Resolution of Disputes clause. This clause applies whenever the Seller believes the subcontract has been changed, either because of an ordered change or any other reason.
CHANGE ORDER ACCOUNTING. For every change or series of related changes, Seller shall maintain separate accounts by job order or other suitable accounting procedure of all incurred segregable, direct costs (less allocable credits), of work, both changed, and not changed, allocable to the change. Such accounts shall be maintained until the parties hereto have unconditionally agreed upon an equitable adjustment for such change.
CHANGE ORDER ACCOUNTING. In the event that an equitable adjustment under the Paragraph entitled “Changes” cannot be agreed to in a timely manner, the Contracting Officer may issue a Change Order and require Change Order accounting. The Contractor, for each change or series of related changes, shall maintain separate accounts, by job order or other suitable accounting procedure, of all incurred, segregable, direct costs (less allocable credits) of Work, both changed and not changed, allocable to the change. The Contractor shall maintain such accounts until the parties agree to an adjustment for the changes ordered by the Contracting Officer or the matter is conclusively disposed of in accordance with Paragraph entitled “Interpretation of Contract – Disputes.”
