Common use of Access Hours Clause in Contracts

Access Hours. Unless otherwise agreed in writing by the Contractor and the Contract Administrator, the access hours applicable to the Contractor's Activities to be carried out on Site are those specified in the Contract Particulars. Imported Items Clause 8.24 does not apply unless the Contract Particulars state that it applies. The Contract Price will be adjusted in respect of any imported item required for the Works as specified in the Contract Particulars for which there has been an exchange rate fluctuation between the rate: lodged by the Contractor in its tender for the Contractor’s Activities as set out in the Contract Particulars; and prevailing at the date upon which the Contractor pays the applicable subcontractor for the imported item. In these circumstances, the Contract Price will be adjusted by the difference in the cost of the imported item (in Australian dollars) calculated using the information lodged by the Contractor in its tender as set out in the Contract Particulars on the basis of the exchange rate: so lodged by the Contractor; and prevailing at the date upon which the Contractor makes a payment to the applicable subcontractor for the imported item. The exchange rate in paragraph (c)(ii) will be that quoted by the same bank from which the exchange rate in paragraph (c)(i) was obtained. Any imported items (whether subject to adjustment under clause 8.24 or not) will not be subject to adjustment for rise and fall in costs.