Change Order Costs Sample Clauses

Change Order Costs. The Change Order Cost for each Change Order hereunder shall be equal to the sum of all projected costs by Landlord, including, without limitation, financing costs whether expenses or interest costs (which shall be documented and verifiable) incurred in connection with the subject change, plus an aggregate fee of seven and 50/100 percent (7.50%). Prior to the start of the work which is the subject of a Change Order, Landlord shall provide Tenant with reasonable documentation with respect to the Change Order Costs therefor. Xxxxxx agrees that Tenant shall pay to Landlord, in advance and on demand, the full amount of the Change Order Cost.
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Change Order Costs. If any Change for which a Change Order is issued increases the Construction Manager’s cost of performing the Services, then the Owner shall pay the Construction Manager its actual costs incurred in implementing such Change Order; provided that the Construction Manager shall not incur any costs in excess of the Estimated Change Order Costs set forth in such Change Order without providing the Owner with advance written notice of the amount and nature of such excess costs, and if the Construction Manager delivers any such notice, the Parties shall meet and discuss such excess costs and how to proceed in good faith and the Owner shall have the right to issue a Change Order Request to stop any previous Change Order. The Owner shall pay the Construction Manager the costs associated with a Change Order the month before the Construction Manager reasonably and in good faith anticipates incurring such costs. The Construction Manager shall issue written invoices to Owner for such costs on a monthly basis along with each Application for Payment. All disputes arising in connection with this Section 9.2 shall be resolved in accordance with Section 14.5(b).
Sample 1
Change Order Costs. If any Change for which a Change Order is issued increases the Construction Manager’s cost of performing the Services, then the Owner shall pay the Construction Manager its actual costs incurred in implementing such Change Order; provided that the Construction Manager shall not incur any costs in excess of the Estimated Change Order Costs set forth in such Change Order without providing the Owner with advance written notice of the amount and nature of such excess costs, and if the Construction Manager delivers any such notice, the Parties shall meet and discuss such excess costs and how to proceed in good faith and the Owner shall have the right to issue a Change Order Request to stop any previous Change Order. The Owner shall pay the Construction Manager the costs associated with a Change Order the month before the Construction Manager reasonably and in good faith anticipates incurring
Sample 1
Change Order Costs. Allowable Change Order Costs are identified below. The Allowable Change Order Costs identified in Section 4.1.5 apply exclusively to determine the amount of compensation due under Force Account Change Orders, but such compensation shall not exceed Stipulated Maximum Sum established pursuant to Section 3.4.
Sample 1
Change Order Costs. The cost of change orders shall be determined by acceptable lump sum proposal inclusive of back-up as may be reasonably required by Tenant. All costs associated with the change are to be included in the change order proposal submitted by Landlord. Costs may be in terms of time, money or both. The following form shall be followed as applicable for additions and deductions: EXTRA/(CREDIT) (1) Material (attach itemized quantity and unit cost plus sales tax) (2) Labor (attach itemized hours and base rates from identified prevailing wage rate schedules) (3) Commercial General Liability and Property Damage Insurance, Workers’ Compensation Insurance, Social Security and Unemployment taxes at actual and verified cost.
Sample 1

Related to Change Order Costs

  • Change Orders Any alteration or deviation from the Services mentioned or any other contractual specifications that result in a revision of this Agreement shall be executed and attached to this Agreement as a change order (“Change Order”).

  • Change Order The Change Order is then submitted to the Project Manager who immediately processes the CO with OPC as required by Bulletin 3.5 and BGS’ Contracting Plan.

  • Start-Up Costs The Government of Ontario will provide:

  • Direct Costs The Contractor shall separately identify each item of deleted and added work associated with the change or other condition giving rise to entitlement to an equitable adjustment, including increases or decreases to unchanged work impacted by the change. For each item of work so identified, the Contractor shall propose for itself and, if applicable, its first two tiers of subcontractors, the following direct costs: (1) Material cost broken down by trade, supplier, material description, quantity of material units, and unit cost (including all manufacturing burden associated with material fabrication and cost of delivery to site, unless separately itemized); (2) Labor cost broken down by trade, employer, occupation, quantity of labor hours, and burdened hourly labor rate, together with itemization of applied labor burdens (exclusive of employer’s overhead, profit, and any labor cost burdens carried in employer’s overhead rate); (3) Cost of equipment required to perform the work, identified with material to be placed or operation to be performed; (4) Cost of preparation and/or revision to shop drawings and other submittals with detail set forth in paragraphs (e)(1) and (e)(2) of this clause; (5) Delivery costs, if not included in material unit costs; (6) Time-related costs not separately identified as direct costs, and not included in the Contractor’s or subcontractors’ overhead rates, as specified in paragraph

  • Recovery Schedule If the initial schedule or any current updates fail to reflect the Work’s actual plan or method of operation, or a contractual milestone date is more than fifteen (15) days behind, Owner may require that a recovery schedule for completion of the remaining Work be submitted. The Recovery Schedule must be submitted within seven (7) calendar days of Owner’s request. The Recovery Schedule shall describe in detail Construction Contractor’s plan to complete the remaining Work by the required Contract milestone date. The Recovery Schedule submitted shall meet the same requirements as the original Construction Schedule. The narrative submitted with the Recovery Schedule should describe in detail all changes that have been made to meet the Contract milestone dates.

  • Excess Costs If the Permitted Costs exceeds the Finish Allowance, then Tenant shall pay all such excess costs (“Excess Costs”), provided, however, Landlord will, prior to the commencement of construction of Tenant’s Improvements, advise Tenant of the sum of the Contract Sum and the Construction Management Fee (the “Cost Estimate”). Tenant shall have five (5) business days from and after the receipt of such advice within which to approve or disapprove the Contract Sum and Cost Estimate. If Tenant fails to approve same by the expiration of the fifth such business day, then Tenant shall be deemed to have approved the Proposed Contract Sum and Cost Estimate. If Tenant disapproves the Contract Sum and Cost Estimate within such five (5) business day period, then Tenant shall either reduce the scope of Tenant’s Improvements such that the Contract Sum and Construction Management Fee do not exceed the Finish Allowance or, at Tenant’s option, Landlord shall obtain two (2) additional bids, provided that each day beyond such five (5) business day period and until the rebid is accepted by Tenant shall constitute a Tenant Delay hereunder. The foregoing process shall continue until a Contract Sum and Cost Estimate are accepted or deemed accepted by Tenant. Landlord and Tenant must approve (or be deemed to have approved) the Contract Sum for the construction of Tenant’s Improvements in writing prior to the commencement of construction.

  • Line Outage Costs Notwithstanding anything in the NYISO OATT to the contrary, the Connecting Transmission Owner may propose to recover line outage costs associated with the installation of Connecting Transmission Owner’s Attachment Facilities or System Upgrade Facilities or System Deliverability Upgrades on a case-by-case basis.

  • Subcontract Costs Payments made by the Construction Manager to Subcontractors in accordance with the requirements of the subcontracts and this Agreement.

  • Construction Cost Budget The total cost to District of all elements of the Project designed or specified by the Architect, as adjusted at the end of each design phase in accordance with this Agreement. The Construction Cost Budget does not include the compensation of the Architect and the Architect’s Consultants, the cost of land, rights-of-way, financing or other costs which are the responsibility of the District, including construction management.

  • Purchase Order Pricing/Product Deviation If a deviation of pricing/product on a Purchase Order or contract modification occurs between the Vendor and the TIPS Member, TIPS must be notified within five (5) business days of receipt of change order. TIPS reserves the right to terminate this agreement for cause or no cause for convenience with a thirty (30) days prior written notice. Termination for convenience is conditionally required under Federal Regulations 2 CFR part 200 if the customer is using federal funds for the procurement. All purchase orders presented to the Vendor, but not fulfilled by the Vendor, by a TIPS Member prior to the actual termination of this agreement shall be honored at the option of the TIPS Member. The awarded Vendor may terminate the agreement with ninety (90) days prior written notice to TIPS 0000 XX Xxx Xxxxx, Xxxxxxxxx, Xxxxx 00000. The vendor will be paid for goods and services delivered prior to the termination provided that the goods and services were delivered in accordance with the terms and conditions of the terminated agreement. This termination clause does not affect the sales agreements executed by the Vendor and the TIPS Member customer pursuant to this agreement. TIPS Members may negotiate a termination for convenience clause that meets the needs of the transaction based on applicable factors, such as funding sources or other needs. Usually, purchase orders or their equal are issued by participating TIPS Member to the awarded vendor and should indicate on the order that the purchase is per the applicable TIPS Agreement Number. Orders are typically emailed to TIPS at xxxxxx@xxxx-xxx.xxx. • Awarded Vendor delivers goods/services directly to the participating member. • Awarded Vendor invoices the participating TIPS Member directly. • Awarded Vendor receives payment directly from the participating member. • Fees are due to TIPS upon payment by the Member to the Vendor. Vendor agrees to pay the participation fee to TIPS for all Agreement sales upon receipt of payment including partial payment, from the Member Entity or as otherwise agreed by TIPS in writing and signed by an authorized signatory of TIPS.

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