Changes in the Quantities. 38.1.If the final quantity of the work done differs from the quantity in the Bill of Quantities for the particular item by more than 25 per cent provided the change exceeds 1 % of initial Contract Price, the Engineer shall adjust the rate to allow for the change, duly considering, (a) Justification for rate adjustment as furnished by the contractor, (b) Economies resulting from increase in quantities by way of reduced plant, equipment, and overhead costs, (c) Entitlement of the contractor to compensation events where such events are caused by any additional work 38.2. The Engineer shall not adjust rates from changes in quantities if thereby the Initial Contract Price is exceeded by more than 15 per cent, except with the Prior approval of the Employer. 38.3. If requested by the Engineer, the Contractor shall provide the Engineer with a detailed cost breakdown of any rate in the Bill of Quantities.
Appears in 1 contract
Sources: Procurement Agreement
Changes in the Quantities. 38.1.If 38.1 If the final quantity of the work done differs from the quantity in the Bill of Quantities for the particular item by more than 25 per cent provided the change exceeds 1 1% of initial Contract Price, the Engineer shall adjust the rate to allow for the change, duly considering,.
(a) Justification for rate adjustment as furnished by the contractor,.
(b) Economies resulting from increase in quantities by way of reduced reduces plant, equipment, and overhead costs,
(c) Entitlement of the contractor to compensation events where such events are caused by any additional work.
38.2. 38.2 The Engineer shall not adjust rates from changes in quantities if thereby the Initial Contract Price is exceeded by more than 15 per cent5 percent, except with the Prior approval of the Employer.
38.3. 38.3 If requested by the Engineer, the Contractor shall provide the Engineer with a detailed cost breakdown of any rate in the Bill of Quantities.
Appears in 1 contract
Sources: Construction Contract