Common use of Review of Subcontractor Request for Price Increase Clause in Contracts

Review of Subcontractor Request for Price Increase. Prior to submission by Maintenance Contractor of any Request for Change Order that is based in whole or in part on a request by a Subcontractor to Maintenance Contractor for a price increase under its Subcontract, Maintenance Contractor shall have reviewed all invoices by the Subcontractor which constitute the basis for the Request for Change Order and determined in good faith that each such request is justified hereunder and that Maintenance Contractor is acting reasonably in requesting an increase in the Maintenance Price in the amounts specified in the Request for Change Order. Each Request for Change Order involving Subcontractor-performed Maintenance Services, and each update to an incomplete Change Order request involving such Maintenance Services shall include a summary of Maintenance Contractor’s analysis of all Subcontractor invoice components and shall include a certification signed by the Maintenance Manager stating that Maintenance Contractor has investigated the basis for the Subcontractor’s request and has determined that all such request is justified as to entitlement and amount of money requested, has reviewed and verified the adequacy of all back-up documentation to be placed in escrow pursuant to Section 17.2, and has no reason to believe and does not believe that the factual basis for the Subcontractor’s request is falsely represented. Any Request for Change Order involving Subcontractor-performed Maintenance Services which is not accompanied by such analysis and certification shall be considered incomplete.

Review of Subcontractor Request for Price Increase. Prior to submission by Maintenance DB Contractor of any Request for Change Order that is based in whole or in part on a request by a Subcontractor to Maintenance DB Contractor for a price increase under its Subcontract, Maintenance DB Contractor shall have reviewed all invoices by the Subcontractor which constitute the basis for the Request for Change Order and determined in good faith that each such request is justified hereunder and that Maintenance DB Contractor is acting reasonably in requesting an increase in the Maintenance Price in the amounts specified in the Request for Change Order. Each Request for Change Order involving Subcontractor-performed Maintenance Services, and each update to an incomplete Change Order request involving such Maintenance Services shall include a summary of Maintenance DB Contractor’s analysis of all Subcontractor invoice components and shall include a certification signed by the Maintenance Manager stating that Maintenance DB Contractor has investigated the basis for the Subcontractor’s request and has determined that all such request is justified as to entitlement and amount of money requested, has reviewed and verified the adequacy of all back-up documentation to be placed in escrow pursuant to Section 17.2, and has no reason to believe and does not believe that the factual basis for the Subcontractor’s request is falsely represented. Any Request for Change Order involving Subcontractor-performed Maintenance Services which is not accompanied by such analysis and certification shall be considered incomplete.

Review of Subcontractor Request for Price Increase. Prior to submission by Maintenance DB Contractor of any Request for Change Order that is based in whole or in part on a request by a Subcontractor to Maintenance DB Contractor for a price increase under its Subcontract, Maintenance DB Contractor shall have reviewed all invoices by the Subcontractor which that constitute the basis for the Request for Change Order and determined in good faith that each such request is justified hereunder and that Maintenance DB Contractor is acting reasonably in requesting an increase in the Maintenance Price in the amounts specified in the Request for Change Order. Each Request for Change Order involving Subcontractor-performed Maintenance Services, and each update to an incomplete Change Order request involving such Maintenance Services shall include a summary of Maintenance DB Contractor’s analysis of all Subcontractor invoice components and shall include a certification signed by the Maintenance Manager stating that Maintenance DB Contractor has investigated the basis for the Subcontractor’s request and has determined that all such request is justified as to entitlement and amount of money requested, has reviewed and verified the adequacy of all back-up documentation to be placed in escrow pursuant to Section 17.2, and has no reason to believe and does not believe that the factual basis for the Subcontractor’s request is falsely represented. Any Request for Change Order involving Subcontractor-performed Maintenance Services which that is not accompanied by such analysis and certification shall be considered incomplete.