CHANGE ORDER ACCOUNTING. [OCT 2017] Change order accounting is required whenever the estimated cost of a change or series of related changes exceeds $50,000. For each change or series of related changes, the Seller shall establish and maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable, direct costs (less allocable credits) of work, both changed and not changed, allocable to the change. Seller shall maintain such accounts until the parties agree to an equitable adjustment for the changes ordered by the Procurement Representative or the matter is conclusively disposed of in accordance with the Resolution of Disputes clause. This clause applies whenever Seller believes the subcontract has been changed, either because of an ordered change or any other reason.
CHANGE ORDER ACCOUNTING. As part of Owner’s general right to issue a Directive Letters as set forth in Article 14.2, in the event the Parties cannot agree on a Change Order in a timely manner, Owner may issue a Directive Letter and require Change Order accounting. Contractor, for each change or series of related changes, shall maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable direct costs (less allocable credits) of work, both changed and not changed, which are allocable to the change. Contractor shall maintain such accounts until the Parties agree to a Change Order for the changes ordered by Owner or the matter is conclusively disposed of in accordance with Article 29. If Owner issues a Time and Materials Change Order, Change Order accounting shall include maintenance of Time and Materials Records as described in Article 14.13.2.
CHANGE ORDER ACCOUNTING. The Owner’s Representative may require Change and Change-order accounting whenever the estimated cost of a Change or series of related Changes exceeds $100,000. The Private Entity, for each such Change or series of related Changes, must maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable, direct costs (less allocable credits) of Work, both changed and not changed, allocable to the Change. The Private Entity shall maintain such accounts until the parties agree to an equitable adjustment for the Changes ordered by the Owner’s Representative or the matter is finally disposed of in accordance with Section 17.5. However, Private Entity shall continue to work on the Project without any interruption and/or delay.
CHANGE ORDER ACCOUNTING. The buyer may require change order accounting. The Seller, for each change or series of changes, shall, if specifically directed by the Buyer, maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable, direct costs (less allocable credits) of work, allocable to the change(s). If so directed, the Seller shall maintain such accounts until the parties agree to an equitable adjustment for the changes ordered by the Buyer or the matter is conclusively disposed of in accordance with the disputes resolution provisions of this Order.
CHANGE ORDER ACCOUNTING. The Buyer may require change order accounting whenever the estimated cost of a change or series of related changes exceeds $100,000. The Subcontractor, for each change or series of related changes, shall maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable, direct costs (less allocable credits) of work, both changed and not changed, allocable to the change. The Subcontractor shall maintain such accounts until the parties agree to an equitable adjustment for the changes ordered by the Contracting Officer/Buyer or the matter is conclusively disposed of in accordance with the Disputes clause
CHANGE ORDER ACCOUNTING. The Owner’s Representative may require Change and Change-order accounting whenever the estimated cost of a Change or series of related Changes exceeds $100,000. The Contractor, for each Change or series of related Changes, must maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable, direct costs (less allocable credits) of work, both changed and not changed, allocable to the Change. The Contractor shall maintain such accounts until the parties agree to an equitable adjustment for the Changes ordered by the Owner’s Representative or the matter is finally disposed of in accordance with Section 17.5.
CHANGE ORDER ACCOUNTING. For every change or series of related changes, Seller shall maintain separate accounts by job order or other suitable accounting procedure of all incurred segregable, direct costs (less allocable credits), of work, both changed, and not changed, allocable to the change. Such accounts shall be maintained until the parties hereto have unconditionally agreed upon an equitable adjustment for such change.
CHANGE ORDER ACCOUNTING. The Owner’s Representative may require Change and Change Order accounting whenever the estimated cost of a Change or a series of related Changes exceeds $50,000. The DB, for each such Change or series of related Changes, must maintain separate accounts, by job order or other suitable accounting procedure, of all incurred segregable, direct costs (less allocable credits) of Work, both changed and not changed, allocable to the Change. The DB shall maintain such accounts until the parties agree to an equitable adjustment for the Changes ordered by the Owner’s Representative or the matter is finally disposed of in accordance with Paragraph 17.6. However, DB shall continue to work on the Project without any interruption or delay. In the event the costs of the unresolved changes exceed $50,000.00, the DB shall notify the Owner in writing of the amount of unresolved change costs. Both parties shall make all reasonable efforts to meet within five (5) business days from the date of the DB’s notification. The parties shall engage in good faith negotiations intended to resolve the dispute regarding the unresolved changes. During the five (5) business days, the DB will continue to work on the Change. If the parties are unable to resolve the payment dispute within five (5) business days from the DB’s notification, then the DB may stop work on the Change until the dispute regarding payment is resolved the DB is entitled to stop work on the change and change events until payment for said changes is resolved with the Owner.
CHANGE ORDER ACCOUNTING. The Consultant, for each Change Order, shall maintain separate accounts, of all incurred separable, direct costs of Professional Services, both changed and not changed, allocable to the change. The Consultant shall maintain such accounts until the Parties agree to an equitable adjustment for the changes ordered by the Agency or the matter is conclusively disposed of in accordance with Section 6.3.
CHANGE ORDER ACCOUNTING. As prescribed in 43.205(f), the con- tracting officer may insert a clause, substantially the same as follows: CHANGE ORDER ACCOUNTING (APR 1984) The Contracting Officer may require change order accounting whenever the esti- mated cost of a change or series of related changes exceeds $100,000. The Contractor, for each change or series of related changes, shall maintain separate accounts, by job order or other suitable accounting proce- dure, of all incurred segregable, direct costs (less allocable credits) of work, both changed and not changed, allocable to the change. The Contractor shall maintain such accounts until the parties agree to an equitable ad- justment for the changes ordered by the Con- tracting Officer or the matter is conclusively disposed of in accordance with the Disputes clause. (End of clause) [48 FR 42478, Sept. 19, 1983, as amended at 54 FR 29297, July 11, 1989; 56 FR 15156, Apr. 15, 1991]
