Major Change In Work Sample Clauses
Major Change In Work. If Contractor and Owner are unable to agree on any Change In Work Form proposing an adjustment to Contract Price in excess of Five Hundred Thousand Dollars ($500,000) (such Change In Work as proposed, a “Major Change In Work”), whether such Major Change In Work was initiated by Contractor or by Owner, Contractor and Owner shall engage in an open book review process in order to finalize the adjustment to Contract Price and the Milestone Summary Schedule, if any, associated with such Major Change In Work. During such open book review process, Contractor shall make details of the estimate buildup, including estimated quantities and subtotals for the labor, subcontracts and Equipment and Materials costs available for Owner’s review relating to such Major Change In Work. In addition, Contractor shall demonstrate the basis for the increase to Contract Price and the Milestone Summary Schedule included in such Major Change In Work. If Owner and Contractor are unable to reach agreement on the Major Change In Work during such open book review process, Contractor shall perform the Work as Owner so directs in writing, unless the performance of such a Change In Work affects the safe performance of the Work or violates Applicable Law.
