Common use of Change Order Pricing For Lump Sum Or Unit Price Change Orders Clause in Contracts

Change Order Pricing For Lump Sum Or Unit Price Change Orders. The price of a Change Order under this Section 4.5.9 shall be a negotiated lump sum price or unit prices as provided below. Lump sum price or unit prices shall be based on the original allocations of the Maintenance Price to comparable activities, whenever possible. If reference to price allocations is inappropriate and if requested by TxDOT, negotiation for lump sum or unit price Change Orders shall be on an Open Book Basis and may be based on the pricing contained in the EPDs as well as Subcontractors’ bid prices.

Change Order Pricing For Lump Sum Or Unit Price Change Orders. The price of a Change Order under this Section 4.5.9 shall be a negotiated lump sum price or unit prices as provided below. Lump sum price or unit prices shall be based on the original allocations of the Maintenance Price to comparable activities, whenever possible. If reference to price allocations is inappropriate and if requested by TxDOT, in its discretion, negotiation for lump sum or unit price Change Orders shall be on an Open Book Basis and may be based on the pricing information contained in the EPDs as well as Subcontractors’ bid pricesor on an Open Book Basis.