Common use of For Lump Sum Change Order Clause in Contracts

For Lump Sum Change Order. The payment and extension of time (if any) provided by this Change Order constitutes compensation in full to the CM/GC and its Subcontractors and Suppliers for all costs and markups directly and indirectly attributable to the Change Order herein, for all delays related thereto and for performance of changes within the time stated. For Force Account or Indefinite Amount Change Order: The payment and extension of time (if any) provided by this Change Order constitutes interim compensation to the CM/GC and its Subcontractors and Suppliers for actual costs and markups directly and indirectly attributable to the Change Order herein, for all delays related thereto and for performance of changes within the time stated.

Appears in 9 contracts

Samples: Construction Management Contract, Construction Management Contract, Construction Management Contract

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.