Low Value Change definition

Low Value Change has the meaning given in Schedule Part 16 (Change Protocol);
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Low Value Change means a Change which is either: of a type listed in the Catalogue of Small Works and Services; or is not so listed, but has an individual Cost not exceeding [five thousand pounds (£5,000)] (index linked), or as otherwise agreed from time to time, except for any request that would (if implemented) increase the likelihood of Project Co failing to meet the Authority’s Requirements or materially and adversely affect Project Co’s ability to perform its obligations under this Agreement
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Low Value Change means a Change which is either:
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Examples of Low Value Change in a sentence

  • If the Low Value Change is of a type listed in the Catalogue, the cost of carrying out that Low Value Change shall not exceed the relevant Catalogue Price and the time period for implementing the Low Value Change shall not exceed the relevant time specified in the Catalogue.

  • No changes shall be made to this Agreement or any Project Document as a result of a Low Value Change, unless otherwise agreed between the parties.

  • An Authority Change Notice for a Low Value Change must: state that it relates to a Low Value Change; contain a description of the works and/or the change to the Works and/or the Services that the Authority requires including, if relevant, the applicable type of Low Value Change listed in the Catalogue; and if there is no applicable type of change listed in the Catalogue, specify the time period within which the Authority requires the Change to be implemented.

  • Project Co shall notify the Authority when it considers that the Low Value Change has been completed.

  • The Authority is not entitled to withdraw an Authority Change Notice and procure implementation of a Low Value Change in respect of which there is a dispute that has been referred to the Dispute Resolution Procedure, unless that dispute has been determined in its favour and Project Co has not confirmed to the Authority in writing within five (5) Business Days of the date of the determination that it will implement and carry out the Low Value Change in accordance with the determination.

  • If the Low Value Change is not of a type that is listed in the Catalogue, the cost of carrying out that Low Value Change shall be calculated on the basis that: wherever practicable the Low Value Change will be carried out by an [existing on-site and] suitably qualified employee of Project Co or a Project Co Party and in that case Project Co may not charge for labour.

  • Project Co shall not be obliged to implement the Low Value Change until any dispute has been determined except that where such dispute concerns only the cost of a Low Value Change, unless the Authority otherwise directs, Project Co must continue to carry out or implement the Low Value Change within the prescribed timescale notwithstanding the dispute.

  • Subject to paragraph 2.1 limits in Change of Part 1 (General Provisions), the Contractor shall carry out any Low Value Change requested by the Authority.

  • An Authority Change Notice for a Low Value Change must: state that it relates to a Low Value Change; contain a description of the works and/or the change to the Services that the Authority requires including, if relevant, the applicable type of Small Value Change listed in the Catalogue; and if there is no applicable type of change listed in the Catalogue, specify the time period within which the Authority requires the Change to be implemented.

  • No amendments of this Contract shall be made as a result of a Low Value Change [or a Medium Value Change,] unless otherwise agreed between the parties.


More Definitions of Low Value Change

Low Value Change means: works (or a series of related works) of a minor nature, or the provision of plant and equipment, having a cost, not exceeding [£10,000] (indexed); or any change or amendment (or series of related changes or amendments) (whether temporary or permanent) of the Services or any of them where the cost of each change or amendment (or series of related changes or amendments), in the reasonable opinion of the Authority, does not exceed [£10,000] (indexed) [and does not require adjustment of the Unitary Charge] and which does not affect achievement of any [Completion Date];
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