Change Order Payment Sample Clauses

The Change Order Payment clause defines how payments are handled when modifications to the original contract scope, price, or schedule are made through change orders. Typically, this clause outlines the process for submitting, reviewing, and approving payment requests related to additional or reduced work, and may specify timelines for payment or documentation requirements. Its core function is to ensure that both parties understand how and when payment adjustments will be made for changes, thereby preventing disputes and maintaining financial clarity throughout the project.