Common use of Proposed Adjustments Clause in Contracts

Proposed Adjustments. The proposed basis of adjustment to the Contract Sum is as follows, subject to Paragraph 12.1.3 of the General Conditions (with notation of applicable Subparagraph): □ Lump Sum (increase) (decrease) of $ (12.1.3(1)). □ Unit Price of $ per the Contract Documents (12.1.3(2)) □ Cost of the Work as follows: (12.1.3(3)) □ RFP (refer to approved RFP as processed through Expesite) (12.1.3(4)) □ Cost of the Work unknown at this time (12.1.3(5)) □ No change in cost anticipated

Appears in 2 contracts

Sources: Construction Contract, Stipulated Sum Agreement

Proposed Adjustments. The proposed basis of adjustment to the Contract Sum is as follows, subject to Paragraph 12.1.3 of the General Conditions (with notation of applicable Subparagraph): □ Lump Sum (increase) (decrease) of $ (12.1.3(1)). □ Unit Price of $ per the Contract Documents (12.1.3(2)) □ Cost of the Work as follows: (12.1.3(3)) □ RFP (refer to approved RFP as processed through ExpesiteLucernex) (12.1.3(4)) □ Cost of the Work unknown at this time (12.1.3(5)) □ No change in cost anticipated

Appears in 1 contract

Sources: Stipulated Sum Agreement