Changes in Contract Amount Sample Clauses
The "Changes in Contract Amount" clause defines the process for adjusting the total price or value of a contract when modifications to the scope of work, materials, or services occur. Typically, this clause outlines how either party can propose changes, the method for calculating increases or decreases in cost, and the approval process required before adjustments take effect. Its core function is to provide a clear and fair mechanism for managing financial impacts resulting from changes, thereby reducing disputes and ensuring both parties understand how contract value modifications are handled.
Changes in Contract Amount. No change in the Work, whether by way of alteration or addition to the Work, shall be the basis of an addition to the Contract Sum or a change in the Contract Time unless and until such alteration or addition has been authorized by a Change Order executed and issued by Owner. This requirement is of the essence of the Contract Documents. Accordingly, no course of conduct or dealings between the parties, nor express or implied acceptance of alterations or additions to the Work, and no claim that the Owner has been unjustly enriched by an alteration or addition to the Work, whether or not there is in fact any such unjust enrichment, shall be the basis for any claim to an increase to the Contract Sum or change in the Contract Time. Claims for disputes concerning Contract Amount shall be determined in accordance with Article 13 of this Agreement.
Changes in Contract Amount. Only Construction Change Order shall grant changes in Contract Amount. Claims for disputes concerning Contract Amount shall be determined in accordance with Article 13 of this Agreement.