Common use of Change Order Pricing for Negotiated Lump Sum Price or Unit Price Change Orders Clause in Contracts

Change Order Pricing for Negotiated Lump Sum Price or Unit Price Change Orders. The price of a Change Order under this Section 10.6 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 not possible 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 Negotiated Lump Sum Price or Unit Price Change Orders. The price of a Change Order under this Section 10.6 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 not possible 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, EPDs as well as Subcontractors’ bid prices.