Common use of CLAIMS FOR A CHANGE IN CONTRACT PRICE Clause in Contracts

CLAIMS FOR A CHANGE IN CONTRACT PRICE. 6.6.1. If the Contractor intends to make a claim for an increase to the Contract Price, or if the Owner intends to make a claim against the Contractor for a credit to the Contract Price, the party that intends to make the claim shall give timely Notice in Writing of intent to claim to the other party and to the Consultant. 6.6.2. Upon commencement of the event or series of events giving rise to a claim, the party intending to make the claim shall: a) take all reasonable measures to mitigate any loss or expense which may be incurred as a result of such event or series of events, and b) keep such records as may be necessary to support the claim. 6.6.3. The party making the claim shall submit within a reasonable time to the Consultant a detailed account of the amount claimed and the grounds upon which the claim is based, and the Consultant will make a finding upon such claim. 6.6.4. Where the event or series of events giving rise to the claim has a continuing effect, the detailed account submitted under paragraph 6.6.3 shall be considered to be an interim account and the party making the claim shall, at such intervals as the Consultant may reasonably require, submit further interim accounts giving the accumulated amount of the claim and any further grounds upon which it is based. The party making the claim shall submit a final account after the end of the effects resulting from the event or series of events. 6.6.5. The Consultant's findings, with respect to a claim made by either party, will be given by Notice in Writing to both parties within 30 Working Days after receipt of the claim by the Consultant, or within such other time period as may be agreed by the parties. 6.6.6. If such finding is not acceptable to either party, the claim shall be settled in accordance with Part 8 of the General Conditions – Dispute Resolution.

CLAIMS FOR A CHANGE IN CONTRACT PRICE. 6.6.1. 6.6.1 If the Contractor intends to make a claim for an increase to the Contract Price, or if the Owner intends to make a claim against the Contractor for a credit to the Contract Price, the party that intends to make the claim shall give timely Notice in Writing of intent to claim to the other party and to the Consultant. 6.6.2. 6.6.2 Upon commencement of the event or series of events giving rise to a claim, the party intending to make the claim shall: a) : .1 take all reasonable measures to mitigate any loss or expense which may be incurred as a result of such event or series of events, and b) and .2 keep such records as may be necessary to support the claim. 6.6.3. 6.6.3 The party making the claim shall submit within a reasonable time to the Consultant a detailed account of the amount claimed and the grounds upon which the claim is based, and the Consultant will make a finding upon such claim. 6.6.4. 6.6.4 Where the event or series of events giving rise to the claim has a continuing effect, the detailed account submitted under paragraph 6.6.3 shall be considered to be an interim account and the party making the claim shall, at such intervals as the Consultant may reasonably require, submit further interim accounts giving the accumulated amount of the claim and any further grounds upon which it is based. The party making the claim shall submit a final account after the end of the effects resulting from the event or series of events. 6.6.5. 6.6.5 The Consultant's ’s findings, with respect to a claim made by either party, will be given by Notice in Writing to both parties within 30 Working Days after receipt of the claim by the Consultant, or within such other time period as may be agreed by the parties. 6.6.6. 6.6.6 If such finding is not acceptable to either party, the claim shall be settled in accordance with Part 8 of the General Conditions – Dispute Resolution- DISPUTE RESOLUTION.