Changes in Contract Price. The contract price may be changed only by a change order. The value of any work covered by a change order or of any claim for increase or decrease in the contract price will be determined by one or more of the following methods in the order of precedence listed below:
Changes in Contract Price. This is a firm-fixed price Contract. Except as otherwise expressly provided in this Contract, the Contract Price is not subject to any escalation or to any adjustment or revision.
Changes in Contract Price. This is a FFP Agreement. Except as otherwise expressly provided in this Agreement, the Contract Price is not subject to any escalation or to any adjustment or revision.
Changes in Contract Price. A PCO shall include breakdowns pursuant to the revisions herein to validate any change in Contract Price.
Changes in Contract Price. In cases where the cost of the awarded contract is affected by any applicable new laws, ordinances, regulations, or other acts of the Government of the Philippines, promulgated after the date of bid opening, a contract price adjustment shall be made or appropriate relief shall be applied on a no loss-no gain basis.2 Any request for price escalation under extraordinary circumstances shall be submitted by the concerned entity to the National Economic and Development Authority (NEDA) with the endorsement of the Procuring Entity. The burden of proving the occurrence of extraordinary circumstances that will allow for price escalation shall rest with the party requesting for such escalation. NEDA shall only respond to such request after receiving the proof and the necessary documentation.3 For purposes of this Section, “extraordinary circumstances” shall refer to events that may be determined by the NEDA in accordance with the Civil Code of the Philippines, and upon the recommendation of the Procuring Entity concerned.4
Changes in Contract Price. 5.01 The amount of any increases or decreases in the Contract Price which results from a Change Order shall be set forth in the applicable Change Order subject to the following:
Changes in Contract Price. This is a FFP Agreement. Except as otherwise expressly provided in this Agreement, the Contract Price is not subject to any escalation or to any adjustment or revision. DigitalGlobe Proprietary and Confidential Use or disclosure of data is subject to the restriction on the title page of this document. WV3 Instrument Purchase Agreement 60151 Document No. 10329740 3.3. Taxes and Duties
Changes in Contract Price. 14.1 Owner, without invalidating Contract, and as provided by law, may order extra work or make changes by altering, adding to, or deducting from work, Contract sum being adjusted accordingly. All such work shall be executed under conditions of original Contract except that any claim for extension of time caused thereby shall be adjusted at the time of ordering such change. All changes are subject to approval by the Owner and the Project Engineer. In giving instructions, Engineer shall have authority to make minor changes in work, not involving change in cost, and not inconsistent with purposes of building. Otherwise, except in an emergency endangering life or property, no extra work or change shall be made unless in pursuance of a written order from Owner, and no claim for addition to Contract sum shall be valid unless so ordered. Value of such extra work, change, or deductions shall be determined at the discretion of Owner, and the method of providing additional cost for review shall be determined by the Owner based on the work involved and the need of the Owner and/or the Engineer to determine the costs are in order with prevailing construction standards in one or more of the following methods in the order of precedence listed below, or as designated above:
Changes in Contract Price. Except pursuant to Article 10 (Changes in Scope of Work), Exhibit C (Pricing, Milestones and Payment Plan), or as otherwise expressly set forth in this Contract, the Contract Price is not subject to any escalation or to any adjustment or revision.
Changes in Contract Price. The Contract Price constitutes the total compensation payable for performing all duties, responsibilities and obligations assigned to or undertaken by Contractor. The Contract Price may only be changed by a Change Order. Claims for a change in the Contract Price shall be submitted to ITP Project Manager within fifteen (15) calendar days of the occurrence of the event giving rise to the claim with supporting data. Claims for extra compensation shall not be made by Contractor for reasonable delays caused by the work of other Project Contractors or Subcontractors or due to the failure of ITP to perform any obligations required of ITP under this Contract. Value of work covered by a Change Order shall be determined as follows:
