Contract Increases Clause Samples
The "Contract Increases" clause defines the terms and conditions under which the value, scope, or duration of a contract may be increased after the agreement has been executed. Typically, this clause outlines the procedures for requesting and approving increases, such as requiring written notice, mutual consent, or adherence to specific limits or thresholds. For example, it may allow for price adjustments due to changes in material costs or expanded project requirements. Its core practical function is to provide a clear and agreed-upon process for modifying the contract, thereby reducing disputes and ensuring both parties understand how changes to the contract will be managed.
Contract Increases. When a SFPUC Covered Contract modification results in an increase of 10% or more of the original Covered Contract amount, the Contractor shall propose a proportional increase to its Social Impact Commitment(s) for the Covered Contract. Such increase shall be proportional to the increase in contract amount under the modification and shall not increase costs to the SFPUC. Approval of any such modification will be contingent on confirmation by the SFPUC that the Social Impact Commitment value is proportionate. Contractor shall be obligated to deliver the proportionally increased SIP Commitment(s).
Contract Increases. A Teacher may request a contract increase at their current school(s) by completing an online contract increase form on the SCDSB staff web site which will be available for seven (7) instructional days on/or before the third Monday in April. Upon completing the form an automated response will be sent to the Teacher to confirm receipt of the contract increase form. These requests will only be considered after all surplus staff have been placed and prior to external hiring.