Common use of Change Orders and Contingency Clause in Contracts

Change Orders and Contingency. Grant funds will only pay for work outlined in the Scope of Work and approved Change Orders. Owner may not request any change order for work of any kind that is outside the Scope of Work for the Project and which does not result from a concealed/unknown condition that was not discovered during NCORR’s/NCORR’s damage assessment of the Property/Home. Owner agrees that changes in work shall be controlled by the process in Article 10 of the General Conditions (Attachment B). Owner further agrees that NCORR shall have sole discretion to use other funds as a source of contingency funds to pay for changes approved under Article 10 of the General Condition and the maximum amount of contingency for Owner’s Project shall be the difference (if any) between the grant award amount accepted by Owner and the CDBG-DR Housing Recovery Program maximum cost (i.e., cap) for Owner’s project type to the extent there are CDBG-DR funds available for the Housing Recovery Program for Owner’s type of Project. Subsequent Change Orders represent the entire Grant Agreement between the parties for the reconstruction of their damaged home under the CDBG-DR Housing Program. Owner(s) understand and acknowledge that any and all change orders made subsequent to the Original Grant Agreement will be incorporated herein by reference.