Increase or Decrease in the Scope of Services Sample Clauses
The "Increase or Decrease in the Scope of Services" clause defines the process by which the range or quantity of services provided under a contract can be adjusted during the course of the agreement. This clause typically outlines how either party may request changes to the scope, the procedures for approving such changes, and how adjustments to compensation or timelines will be handled as a result. Its core function is to provide a structured mechanism for managing changes in project requirements, ensuring that both parties have clarity and agreement on any modifications to the original scope, and thereby reducing the risk of disputes.
Increase or Decrease in the Scope of Services. The Trust shall have the right to make changes to, and/or increase or decrease the Scope of the Services or to extend the Term at any time and for any reason upon notice to Contractor specifying the nature and extent of such changes. In the event any such changes result in a reduction of the scope of services, the Maximum Contract Price will be correspondingly reduced to reflect the deleted services. In the event any such changes result in an additional expenditure of time by the Contractor or Subcontractors, the Trust and the Contractor shall negotiate an additional fee for such changes evidenced in an amendment to the Contract.