Common use of Procedure for proposing a Variation Clause in Contracts

Procedure for proposing a Variation. 2.1 Except where paragraph 5 applies, I-FLAIR may propose a variation using the procedure contained in this paragraph 2. 2.2 In order to propose a variation, I-FLAIR shall serve each Services Framework Contractor with written notice of the proposal to vary the Framework Agreement (“Notice of Variation”). 2.3 The Notice of Variation shall:- 2.3.1 contain details of the proposed variation providing sufficient information to allow each Services Framework Contractor to assess the variation and consider whether any changes to the prices set out in its Pricing Matrices are necessary; and 2.3.2 require each Services Framework Contractor to notify I-FLAIR within 7 days (or such other period as I-Flair may specify) of any proposed changes to the prices set out in its Pricing Matrices. 2.4 Upon receipt of the Notice of Variation, each Services Framework Contractor has 7 days to respond in writing with any objections to the variation. 2.5 Where I-FLAIR does not receive any written objections to the variation within the timescales detailed in paragraph 2.4, I-FLAIR may then serve each Services Framework Contractor with a written agreement detailing the variation to be signed and returned by each Services Framework Contractor within 7 days of receipt. 2.6 Upon receipt of a signed agreement from each Services Framework Contractor, I-FLAIR shall notify all Services Framework Contractors in writing of the commencement date of the variation.