Changes in Contract Price. 14.1 The CONTRACT PRICE may be changed only by a CHANGE ORDER executed by OWNER and CONTRACTOR. The value of any WORK covered by a CHANGE ORDER or of any claim for increase or decrease in the CONTRACT PRICE shall be determined by one (1) or more of the following methods in order of precedence listed below:
Changes in Contract Price. In cases where the cost of the awarded contract is affected by any applicable new laws, ordinances, regulations, or other acts of the Government of the Philippines, promulgated after the date of bid opening, a contract price adjustment shall be made or appropriate relief shall be applied on a no loss-no gain basis.2 Any request for price escalation under extraordinary circumstances shall be submitted by the concerned entity to the National Economic and Development Authority (NEDA) with the endorsement of the Procuring Entity. The burden of proving the occurrence of extraordinary circumstances that will allow for price escalation shall rest with the party requesting for such escalation. NEDA shall only respond to such request after receiving the proof and the necessary documentation.3 For purposes of this Section, “extraordinary circumstances” shall refer to events that may be determined by the NEDA in accordance with the Civil Code of the Philippines, and upon the recommendation of the Procuring Entity concerned.4
Changes in Contract Price. This is a FFP Agreement. Except as otherwise expressly provided in this Agreement, the Contract Price is not subject to any escalation or to any adjustment or revision.
Changes in Contract Price. This is a firm-fixed price Contract. Except as otherwise expressly provided in this Contract, the Contract Price is not subject to any escalation or to any adjustment or revision.
Changes in Contract Price. A PCO shall include breakdowns pursuant to the revisions herein to validate any change in Contract Price.
Changes in Contract Price. 5.01 The amount of any increases or decreases in the Contract Price which results from a Change Order shall be set forth in the applicable Change Order subject to the following:
Changes in Contract Price. This is a FFP Agreement. Except as otherwise expressly provided in this Agreement, the Contract Price is not subject to any escalation or to any adjustment or revision. DigitalGlobe Proprietary and Confidential Use or disclosure of data is subject to the restriction on the title page of this document WV3 Instrument Purchase Agreement 60151 Document No. 10329740 3.3. Taxes and Duties
Changes in Contract Price. The Contract Price may be changed only by a Change Order approved in writing by the Village. The value of any work covered by a Change Order or of any claim for increase or decrease in the Contract Price shall be determined by one or more of the following methods in the order of precedence listed below and based upon the mutual agreement of the parties at the unit prices set forth in the Contractor’s Bid Proposal.
Changes in Contract Price a. The Contract Price may be changed only by a Change Order or Construction Change Directive issued in accordance with the terms of the Contract Documents. If the Change Order or Construction Change Directive provides for an adjustment to the Contract Price, the adjustment shall be based on one of the following methods: mutual acceptance of a lump sum properly itemized and supported by sufficient substantiating data to permit evaluation; or unit prices stated in the Contract Documents or subsequently agreed upon; or cost to be determined in a manner agreed upon by the parties and a mutually acceptable fixed or percentage fee; or on a time and material basis.
Changes in Contract Price. The Contract Price constitutes the total compensation payable for performing all duties, responsibilities and obligations assigned to or undertaken by Contractor. The Contract Price may only be changed by a Change Order. Claims for a change in the Contract Price shall be submitted to ITP Project Manager within fifteen
