Common use of Change Event Clause in Contracts

Change Event. Any condition, event, act, omission or breach, other than the issuance of a Change Directive, which the Design-Builder believes entitles it to a change in the Guaranteed Maximum Price, the Design Fee, Design-Build Fee, the Maximum Cost of General Conditions, or the Substantial or Final Completion Date.

Change Event. Any condition, event, act, omission or breach, other than the issuance of a Change Directive, which the Design-Builder believes entitles it to a change in the Guaranteed Maximum Price, the Design Preconstruction Fee, Design-Build Fee, the Design Fee, the Maximum Cost of General Conditions, or the Substantial or Final Completion Date.