Common use of Cost and Time Modifications Clause in Contracts

Cost and Time Modifications. The Cost of the Work as defined in the Guaranteed Maximum Price (Exhibit C) and Contract Time shall be adjusted for verified increases in the cost and time caused by suspension, delay or interruption as described in Article 12.3.1 of this Exhibit A. Adjustment of the Cost of the Work shall not include an increase to the Construction Manager’s Fee unless scope changes arise. No adjustment shall be made to the extent:

Appears in 5 contracts

Samples: Construction Management Services, agenda.brevardschools.org, agenda.brevardschools.org

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Cost and Time Modifications. The Cost of the Work as defined in the Guaranteed Maximum Price Amendment (Exhibit C) and Contract Time shall be adjusted for verified increases in the cost and time caused by suspension, delay or interruption as described in Article 12.3.1 Section 15.3.1 of this Exhibit A. Adjustment of the Cost of the Work shall not include an increase to the Construction ManagerDesign Builder’s Fee unless scope changes arise. No adjustment shall be made to the extent:

Appears in 2 contracts

Samples: agenda.brevardschools.org, eagendatoc.brevardschools.org

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