Contract Price Adjustments. 13.2.1 The increase or decrease in Contract Price resulting from a change in the Work shall be a mutually accepted lump sum, properly itemized and supported by sufficient substantiating data to permit evaluation by Owner.
Contract Price Adjustments. 9.4.1 The increase or decrease in Contract Price resulting from a change in the Work shall be determined by one or more of the following methods:
Contract Price Adjustments. The Contract Amount/unit price(s) will remain firm until June 30, 2024 (“Price Adjustment Date”). To request a price adjustment, the Contractor or the County must submit a written request to the other party not less than 90 days before the Price Adjustment Date. Adjustments to the Contract Amount/unit price(s) will not exceed the percentage of change in the U.S. Department of Labor Consumer Price Index, All Items, Unadjusted, Urban Areas (“CPI-U”) for the 12 months of statistics available at the time of the Contract’s renewal. Any Contract Amount/unit price(s) that result from this provision will become effective the day after the Price Adjustment Date and will be binding for 12 months. The new Price Adjustment Date will be 12 months after the price adjustment. If the Contractor and the County have not agreed on a requested adjustment by 30 days before the Price Adjustment Date, the County may not renew the Contract, whether or not the County has previously elected to renew the Contract’s term.
Contract Price Adjustments the Fixed Hourly Rates are increased by 6.8% per the U.S. Department of Labor Consumer Price Index, All Items, Unadjusted, Urban Areas (CPI-U) for the 12 months of statistics ending November 2021. Such increase will commence on March 1, 2022.
Contract Price Adjustments. The Contract Price will be adjusted in accordance with Section 4.10, Exhibit 4.10 and the Financial Model following the delivery of each updated Lifetime Asset Management Plan.
Contract Price Adjustments. The right of Patriot to adjust prices for Quality A coal under this Agreement shall be subject to the following:
Contract Price Adjustments. 6.7.1. CM@Risk understands and agrees the increase or decrease in Contract Price resulting from a change in the Work, Differing Site Conditions, or hazardous materials that could not have been reasonably foreseen by CM@Risk, shall be determined by one or more of the following methods:
Contract Price Adjustments. The Contract Price shall be modified based on the following:
Contract Price Adjustments. The Parties agree that Article 7, Section 7.1 (Contract Price) of the Phase 2 EPC Agreement is modified (red text are additions and strikethrough text are deletions) as follows: “As compensation in full to Contractor for the full and complete performance of the Work and all of Contractor’s other obligations under this Agreement, Owner shall pay and Contractor shall accept Two Billion Five Hundred and Fifteen Million Nine Hundred and Eighty Six Thousand Four Hundred and Fifty One U.S. Dollars (U.S.$2,515,986,451) Two Billion Five Hundred and Seventy Six Million, One Hundred and Ninety Two Thousand, Nine Hundred and Fifteen U.S. Dollars (U.S. $ 2,576,192,915) and One Hundred and Sixty Six Million Three Hundred and Sixteen Thousand Six Hundred and Fifty-One Euros (€166,316,651) (collectively the “Contract Price”).” The Parties agree that Attachment 3 (Payment Schedule), Schedule 3-1 (Milestone Payment Schedule USD) of the Phase 2 EPC Agreement is modified by addition of the payment milestones listed in Exhibit A of Driftwood LNG Phase 2 Change Order number CO-002. The Parties agree that Article 7, Section 7.1.A (Aggregate Provisional Sum) of the Phase 2 EPC Agreement is modified (red text are additions and strikethrough text are deletions) as follows and listed in Exhibit B of Driftwood LNG Phase 2 Change Order number CO-002: “Aggregate Provisional Sum. The Contract Price includes an aggregate amount of Two Hundred Million One Hundred and Fifty Seven Thousand Nine Hundred and Ten U.S. Dollars (U.S.$200,157,910) One Hundred and Sixty Five Million, Two Hundred and Thirty Nine Thousand, Four Hundred and Thirteen U.S. Dollars (U.S. $ 165,239,413) (the “Aggregate Provisional Sum”) for the Provisional Sums. The scope and values of each Provisional Sum comprising the Aggregate Provisional Sum amount are included in Attachment 31.” Adjustment to Contract Price The original Contract Price was USD 2,515,986,451 EUR 166,316,651 Net change by previously authorized Change Orders (# CO-001) USD 0 EUR 0 The Contract Price prior to this Change Order was USD 2,515,986,451 EUR 166,316,651 The Contract Price will be (increased) (decreased) (unchanged) by this Change Order in the amount of USD 60,206,464 EUR 0 The new Contract Price including this Change Order will be USD 2,576,192,915 EUR 166,316,651 The Aggregate Provisional Sum prior to this Change Order was USD 200,157,910 EUR 0 The Aggregate Provisional Sum will be decreased USD (34,918,497) EUR 0 by this Change Order in th...
Contract Price Adjustments a. Effective the first day of the second Contract Year and each such first day of each Contract Year thereafter, the then current adjusted price of coal shipped under this contract will be increased by ****** of the Base Price specified in Section 6, Price, as such price may be modified under Subsections d. or e., below.
