Common use of Negotiation of Change Order Clause in Contracts

Negotiation of Change Order. TxDOT and Developer shall negotiate in good faith, giving due consideration to any independent analyses obtained, a mutually acceptable Change Order for the TxDOT Change, including (as applicable) adjustment the Project Schedule and Milestone Deadlines, any Compensation Amount to which Developer is entitled, and the timing and method for payment of any Compensation Amount. TxDOT may issue a Directive Letter to direct Developer to proceed with the TxDOT Change pending agreement of the Parties or resolution of a Dispute concerning the final terms of the Change Order.

Appears in 6 contracts

Samples: Comprehensive Development Agreement, Comprehensive Development Agreement, Comprehensive Development Agreement

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