Common use of Review of Subcontractor Request for Price Increase Clause in Contracts

Review of Subcontractor Request for Price Increase. Prior to submission by DB Contractor of any Request for Change Order that is based in whole or in part on a request by a Subcontractor to DB Contractor for a price increase under its Subcontract, DB Contractor shall have reviewed all invoices by the Subcontractor that constitute the basis for the Request for Change Order and determined in good faith that each such request is justified hereunder and that DB Contractor is acting reasonably in requesting an increase in the Maintenance Price in the amounts specified in the Request for Change Order. Each Request for Change Order involving Subcontractor-performed Maintenance Services, and each update to an incomplete Change Order request involving such Maintenance Services shall include a summary of DB Contractor’s analysis of all Subcontractor invoice components and shall include a certification signed by the Maintenance Manager stating that DB Contractor has investigated the basis for the Subcontractor’s request and has determined that such request is justified as to entitlement and amount of money requested, has reviewed and verified the adequacy of all back-up documentation to be placed in escrow pursuant to Section 17.2, and has no reason to believe and does not believe that the factual basis for the Subcontractor’s request is falsely represented. Any Request for Change Order involving Subcontractor-performed Maintenance Services that is not accompanied by such analysis and certification shall be considered incomplete.

Review of Subcontractor Request for Price Increase. Prior to submission by DB Contractor of any Request for Change Order that is based in whole or in part on a request by a Subcontractor to DB Contractor for a price increase under its Subcontract, DB Contractor shall have reviewed all invoices by the Subcontractor that which constitute the basis for the Request for Change Order and determined in good faith that each such request is justified hereunder and that DB Contractor is acting reasonably in requesting an increase in the Maintenance Price in the amounts specified in the Request for Change Order. Each Request for Change Order involving Subcontractor-performed Maintenance Services, and each update to an incomplete Change Order request involving such Maintenance Services shall include a summary of DB Contractor’s analysis of all Subcontractor invoice components and shall include a certification signed by the Maintenance Manager stating that DB Contractor has investigated the basis for the Subcontractor’s request and has determined that all such request is justified as to entitlement and amount of money requested, has reviewed and verified the adequacy of all back-up documentation to be placed in escrow pursuant to Section 17.2, and has no reason to believe and does not believe that the factual basis for the Subcontractor’s request is falsely represented. Any Request for Change Order involving Subcontractor-performed Maintenance Services that which is not accompanied by such analysis and certification shall be considered incomplete.

Review of Subcontractor Request for Price Increase. Prior to submission by DB Maintenance Contractor of any Request for Change Order that is based in whole or in part on a request by a Subcontractor to DB Maintenance Contractor for a price increase under its Subcontract, DB Maintenance Contractor shall have reviewed all invoices by the Subcontractor that which constitute the basis for the Request for Change Order and determined in good faith that each such request is justified hereunder and that DB Maintenance Contractor is acting reasonably in requesting an increase in the Maintenance Price in the amounts specified in the Request for Change Order. Each Request for Change Order involving Subcontractor-performed Maintenance Services, and each update to an incomplete Change Order request involving such Maintenance Services shall include a summary of DB Maintenance Contractor’s analysis of all Subcontractor invoice components and shall include a certification signed by the Maintenance Manager stating that DB Maintenance Contractor has investigated the basis for the Subcontractor’s request and has determined that all such request is justified as to entitlement and amount of money requested, has reviewed and verified the adequacy of all back-up documentation to be placed in escrow pursuant to Section 17.2, and has no reason to believe and does not believe that the factual basis for the Subcontractor’s request is falsely represented. Any Request for Change Order involving Subcontractor-performed Maintenance Services that which is not accompanied by such analysis and certification shall be considered incomplete.