Common use of Change Order Records Clause in Contracts

Change Order Records. Contractor shall maintain its records in such a manner as to provide a clear distinction between the direct costs (as contrasted with indirect or impact costs) of Work for which it is entitled (or for which it believes it is entitled) to an adjustment in the Contract Price. Contractor shall contemporaneously collect, record in writing, segregate and preserve: (a) all information necessary to determine the costs of all Work which is the subject of a Change Order or a Request for Change Order; and (b) all information necessary to show the actual impact (if any) of the change on the Critical Path for the overall Project of all Work which is the subject of a Change Order or a proposed Change Order, if the impact on the applicable Project Schedule is in dispute. Contractor and Subcontractors shall establish and maintain an accounting system and records that properly accumulate and segregate incurred costs by line item for changes in the Work. Such information shall be provided to Owner and any authorized representative of Owner reviewing any Request for Change Order or Claim regarding compensation for such Work as provided in Article 12.