Change Order Credit definition

Change Order Credit is defined in Section 2.2(e).

Examples of Change Order Credit in a sentence

  • Amendment 14: Executed November 21, 2013, included:• An extension of the DDI period from 31 months to 32 months, October 28, 2013 to November 30, 2013;• A decrease in the total contract amount by $1,000,000;• Established a Change Order Credit of $500,000 to offset the costs of future change requests to be performed;• The approval to begin the 1-year Warranty Period.

  • Truener Change Order Credit in the amount of $16,721.00 as presented.

  • CO #GC-1 Change Order Credit as per attached… ($10,000.00)Total ($10,000.00) [NOTE: This Change Order credits the unused balance in the Contingency Allowance, leaving a new Contract Sum of $105,130.00.] Enclosure 1BG 2.

  • Any excess monies at the end of the job will be returned to the Owner by Change Order Credit.

  • Chad Lynch presented the proposed Change Order Credit in the amount of $46,645.00 for water allowance funds which were not used by the Contractor on the Lakeside Primary School Construction project.

  • The aggregate change in kW size due to Change Orders between the Effective Date and the date hereof is [—] kW, and the aggregate change in kW size due to Change Orders for which a Change Order Credit is being applied to the aggregate of the System Purchase Prices for the Tranche hereof is [—] kW.

  • FacilitiesItems/Projects for Discussion None Recommendations for Approval Change Order Credit #1 Auditorium Project 1.

  • The cross section for Z' multiplied by the branching ratio4 for the decay Zr → tt for the chosen Z' mass is 0.09 pb [2, 3] whereas for the semileptonic decay of Standard Model tt background it is 90.55 pb [22]5.

  • WELDING AND HOT WORK PERMIT Date: Valid: From To Permission is hereby granted Name of Company (“Company”) Vessel/Area to perform welding and hot work at Port Freeport waterfront facilities or on vessels moored thereto, subject to conditions and requirements listed in the Hot Work Permit and in addition to applicable regulations in 33 CFR§126.30.

  • The low participation of older male workers is a direct result of a highly developed early exit culture.

Related to Change Order Credit

  • Change Order means a written instrument signed by Owner and Contractor stating their agreement upon all of the following: (1) a change in the Work; (2) the amount of the adjustment in the Contract Sum, if any, and (3) the extent of the adjustment in the Contract Time, if any.

  • Change Orders mean changes or modifications to any Construction Contract or any other contract with labor or material suppliers.

  • Unilateral Change Order (ULCO means a Change Order issued by Owner without the complete agreement of Contractor, as to cost and/or time.

  • Proposed Change Order (PCO means a document that informs Contractor of a proposed change in the Work and appropriately describes or otherwise documents such change including Contractor’s response of pricing for the proposed change.

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • Statement of Work means the description of activities performed in completing the Project, as specified in the Contract and as may be amended.

  • Change Order Request means a written request or proposal for a Change Order submitted by either Company or Contractor and including:

  • Order Schedule means an MSC Order Schedule (or other order document) agreed to by Customer and MSC, and which incorporates this Agreement, by reference or otherwise, and sets forth, among other things, the Software, Maintenance and/or Services ordered.

  • Service Level Agreement (SLA means the Contractual Commitment that prevails between the Buyer and the Service Provider with regard to type of service to be provided, deliverables, desired performance level, reliability and responsiveness, monitoring process and service level reporting, response and issue resolution time-frame, repercussions / penalties / remedies for service provider not meeting its commitment. The SLA of a particular contract may carry the matrix regarding the delivery of the goods and/or services and the corresponding penalties or remedies and liquidated damages as applicable.

  • Service Level Agreement or SLA means the processes, deliverables, key performance indicators and performance standards relating to the Services to be provided by the Service Provider;

  • Construction Schedule means a construction schedule indicating the planned start and completion dates of the major activities of the Work as set out in Appendix [ ], a future Appendix;

  • Baseline Schedule means the initial time schedule prepared by Contractor for Owner’s information and acceptance that conveys Contractor’s and Subcontractors’ activities (including coordination and review activities required in the Contract Documents to be performed by A/E and ODR), durations, and sequence of work related to the entire Project to the extent required by the Contract Documents. The schedule clearly demonstrates the critical path of activities, durations and necessary predecessor conditions that drive the end date of the schedule. The Baseline Schedule shall not exceed the time limit current under the Contract Documents.

  • Original contract price means the award price of the contract; or, for requirements contracts, the price payable for the estimated total quantity; or, for indefinite-quantity contracts, the price payable for the specified minimum quantity. Original contract price does not include the price of any options, except those options exercised at the time of contract award.

  • ICSID Additional Facility Rules means the Rules Governing the Additional Facility for the Administration of Proceedings by the Secretariat of the International Centre for Settlement of Investment Disputes;

  • Scope of Work means the description of Services and Deliverables specified in the Contract and as may be amended.

  • Interconnection Construction Service Agreement means the agreement entered into by an Interconnection Customer, Interconnected Transmission Owner and the Transmission Provider pursuant to Tariff, Part VI, Subpart B and in the form set forth in Tariff, Attachment P, relating to construction of Attachment Facilities, Network Upgrades, and/or Local Upgrades and coordination of the construction and interconnection of an associated Customer Facility. A separate Interconnection Construction Service Agreement will be executed with each Transmission Owner that is responsible for construction of any Attachment Facilities, Network Upgrades, or Local Upgrades associated with interconnection of a Customer Facility. Interconnection Customer:

  • Construction Service Agreement means either an Interconnection Construction Service Agreement or an Upgrade Construction Service Agreement.

  • Project Schedule means a document that, with respect to each Phase of the Project, identifies, coordinates and integrates the anticipated design and construction schedules, the Contracting Authority’s and Owner's responsibilities, government authority reviews and other activities as are necessary for the timely completion of the Work.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Optional Extended Local Calling Scope Arrangement Traffic is traffic that under an optional Extended Local Calling Scope Arrangement chosen by the Customer terminates outside of the Customer’s basic exchange serving area.

  • Contract Schedule means a schedule to this Contract;

  • Purchase Order (PO) means a written offer made by a purchaser to a supplier formally stating the terms and conditions of a proposed transaction.

  • Total Contract Price means the total set out in "Tender Document Form: Contract Prices".

  • Service Level Agreements means an agreement between NZX and a Market Participant and/or an Advisor setting out the terms and conditions of use of NZX technology and services;

  • Contract Modification means any changes in the terms or provisions of the Contract which are reduced to writing and fully executed by both parties.

  • EPC Agreement shall have the meaning set forth in the preamble to this Agreement.