Work Changes. Company shall have the right to make Changes and Provider shall have the right to request Changes. Provider must include appropriate supporting documentation with any requested Change. Changes shall be documented in a Change Order. The cost or credit for any Change shall be determined, at the Company's option, by one or more of the following methods: (i) utilizing prices and/or rates set forth in this Agreement, (ii) mutual acceptance of a properly itemized lump sum, (iii) actual cost which may include a mutually acceptable fixed or percentage fee, or (iv) competitive bid or other basis. In case any Change shall result in a Work decrease, Provider shall receive no allowance in computing the decrease in the amount for loss of anticipated revenue or profits, but if Provider, before receiving Company's Change Order, shall have incurred any cost which the Change shall render unneeded or useless, Company shall make an allowance to Provider as Company shall determine to be fair and reasonable. Provider is deemed to accept any Change Order unless Provider objects to, or rejects, the Change Order in writing within ten (10) days of receipt in accordance with Section 14.02, Notices. Company must approve a Provider requested Change in writing. PAYMENT; AUDIT RIGHTS
Appears in 4 contracts
Samples: Services Terms and Conditions, Services Terms and Conditions, Services Terms and Conditions
Work Changes. Company shall have the right to make Changes and Provider shall have the right to request Changes. Provider must include appropriate supporting documentation with any requested Change. Changes shall be documented in a Change Order. The cost or credit for any Change shall be determined, at the Company's option, by one or more of the following methods: (i) utilizing prices and/or rates set forth in this Agreement, (ii) mutual acceptance of a properly itemized lump sum, (iii) actual cost which may include a mutually acceptable fixed or percentage fee, or (iv) competitive bid or other basis. In case any Change shall result in a Work decrease, Provider shall receive no allowance in computing the decrease in the amount for loss of anticipated revenue or profits, but if Provider, before receiving Company's Change Order, shall have incurred any cost which the Change shall render unneeded or useless, Company shall make an allowance to Provider as Company shall determine to be fair and reasonable. Provider is deemed to accept any Change Order unless Provider objects to, or rejects, the Change Order in writing within ten (10) days of receipt in accordance with Section 14.02, Notices. Company must approve a Provider requested Change in writing. PAYMENT; AUDIT RIGHTS.
Appears in 1 contract
Samples: Services Terms and Conditions