Payment for Change Orders. 5.3.1 Payments for Change Orders shall not become due and payable to the Contractor until:
5.3.1.1 the Contractor has performed the Change Order Work to the full satisfaction of the Owner;
5.3.1.2 the Contractor has submitted a complete and fully executed Change Order Form that sets forth the Contractor’s agreement to and acceptance of the Change Order including, without limitation, the value and scope of the Change Order Work (Appendix F7) or such other form as may be acceptable to the Owner, plus any other documentation the Owner may require.
5.3.1.3 The Contractor shall submit the Change Order Form to the Owner’s Accounts Payable Department with the next succeeding Progress Payment Requisition submitted by the Contractor after completion of the Change Order Work.
5.3.2 The Owner may, in its sole discretion, make payments to the Contractor on account of any Change Order Work before the Change Order Work is complete, but payment will be limited to no more than eighty (80%) percent of the total cost of the Change Order Work completed to date, exclusive of any and all mark-ups for Profit and Additional Costs, provided that a Change Order Form for the full price of the Change Order Work has been signed by all Parties. The balance of such payments shall be made upon completion of the Change Order Work to the full satisfaction of the Owner.
Payment for Change Orders. In the event that Contractor has performed Work in accordance with a Change Order to this Contract and Contractor desires to receive payment for such Work, Contractor shall include the following as part of the payment request:
(a) Each Change Order number for which Work has been performed;
(b) The price of each Change Order; and
(c) The amount of payment being requested under each Change Order. Upon receipt of the above and subject to Sunrun’s verification and approval, Sunrun will pay eighty (80%) percent of the amount specified for the Change Order Work within ten (10) Business Days. The remaining twenty (20%) percent of the Change Order Work price shall be paid to Contractor ten (10) Business Days following the date Contractor achieves Final Completion.
Payment for Change Orders. All Work described in a Change Order and performed by Contractor in any given period shall be invoiced by Contractor at the hourly Labor and Equipment rates set forth in Exhibit C. The hourly rates include the Equipment operator, operating and maintenance supplies, and necessary maintenance labor to keep the Equipment in operable condition, ownership costs, Contractor's overhead and profit. Non-equipment related supplies and permanent materials, which may be required to complete the Work described in a Change Order (culverts, for example), shall be invoiced at cost or shall be provided by Owner. All records for Work described in a Change Order shall be substantiated by Contractor and countersigned by Owner's Representative.
Payment for Change Orders. Except as otherwise agreed or provided in this Section, payment for Change Orders shall be done in accordance with Section 4.14. For Change Orders done on a time and materials basis pursuant to Section 10.8, the accrued charges shall be paid concurrently with the next Interim Installment Payment, subject to reasonable documentation of the time and materials expended by Builder.
Payment for Change Orders. In connection with any Change Order, the Parties shall consider, negotiate and mutually agree to adjustments in the Payment Milestone Schedule in a timely manner and this Contract shall be amended in accordance with Article 28.0
Payment for Change Orders. Once approved, the Party requesting the Change Order Request shall be solely responsible for any additional costs associated with the Change Order Request. In the event the Change Order Request is required or necessitated by a third-party or an unforeseen change in field conditions, the cost of such Change Order Request shall first be paid out of a ten percent (10%) contract contingency (the “Contingency”) and, to the extent the Contingency is exceeded, shall be divided equally between the Developers and the District.
Payment for Change Orders. The Grantor shall pay the amount required to implement the Change Order and/or to compensate the Concessionaire for all Concessionaire Losses in relation thereto as set out in Sections 8.1 and 8.2. Notwithstanding the foregoing, the amount required to implement the Change Order and to compensate the Concessionaire for Concessionaire Losses may be financed through the Mortgagee as agreed by the Grantor, the Concessionaire and the Mortgagee.
Payment for Change Orders. Unless otherwise indicated in a Change Order or agreed to in writing by the parties hereto, the amount of a Change Order shall be (a) paid in the manner and as provided in ARTICLE 6 hereof, and (b) included in the calculations for progress payments under Section 6.3 hereof. Disputed Change Orders will be paid in the manner provided in ARTICLE 13 hereof.
