Common use of Modifications and Adjustments Clause in Contracts

Modifications and Adjustments. If specific periods of time for rendering services set forth in the Scope and Fee Proposal are exceeded through no fault of Professional, or if Owner has requested significant modifications or changes in the general scope, extent or character of the Project, all rates, measures and amounts of compensation, as well as the time of performance, shall be equitably adjusted. The Scope and Fee Proposal related to the Project may be revised, or modified to include supplementary service for any reason, upon agreement of Professional and Owner. Owner may modify the scope, extent or character of the Project, necessitating modifications to the Scope and Fee Proposal. In each case, the Scope and Fee Proposal will be modified in a manner mutually acceptable to the Professional and the Owner, and the fees presented in the Scope and Fee Proposal will be equitably adjusted to accommodate the changes. Any change to the Scope and Fee Proposal will be documented in a Contract Change Order. Should the Professional and Owner be unable to agree on modifications to the Scope and Fee Proposal, Professional shall have the right to terminate this Agreement as outlined in Paragraph No. 10.

Appears in 7 contracts

Samples: Professional Services Agreement, Professional Services Agreement, Professional Services Agreement

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