Examples of Contract Revision in a sentence
A Contract Revision related to the Trade Contractor Work is a written order signed by the Authority and Trade Contractor, and issued after execution of this Trade Contract Agreement, stating their agreement with respect to a Change in the Trade Contractor Work, and which may include an adjustment in the Trade Contract Amount and/or an adjustment to the Construction Schedule or Contract Time.
No adjustments to the Contract Time are acceptable without the prior written approval of the Authority as a Contract Revision.
Before beginning its Trade Contractor Work, the Trade Contractor shall obtain and maintain the Required Insurance as set forth in Appendix B, and fully comply with all provisions thereof unless additional insurance is required by a Contract Revision and/or the insurance referenced is provided through a controlled insurance program.
If such Trade Contractor Work is in accordance with the Trade Contract Documents, costs of uncovering and replacement shall, by appropriate Contract Revision, be charged to the Authority.
The Trade Contractor agrees that it will not be paid for and waives any Claim for payment associated with any alleged Change in the Trade Contractor Work or any Contract Revision unless the Trade Contractor fully complies with the terms of this Paragraph 7.2 and the notice of Claims provision Paragraph 6.
Costs to the Authority resulting from a Change in the Trade Contractor Work shall be determined in writing between the Authority and the Trade Contractor before issuance of any Contract Revision.
A Construction Change Directive shall be used in the absence of total agreement on the terms of a Contract Revision.