Common use of Scope Swaps Clause in Contracts

Scope Swaps. The PMT may choose to reduce the work scope of a Project Participant and correspondingly increase the scope of work of another Project Participant to capture the benefits, without limitation, of innovative designs, processes, or technologies. If the PMT determines that the increased scope for a Risk/Reward Team Member creates a significant financial inequity, it may use a portion of any savings from the innovative design, process, or technology to equitably increase the ICL of that Risk/Reward Team Member, and then recalculate the ICL and the ICL Percentage of each Risk/Reward Team Member. All changes under this Section will be documented in a Change Order.

Scope Swaps. The PMT may choose to reduce the work scope of a Project Participant and correspondingly increase the scope of work of another Project Participant to capture the benefits, without limitation, of innovative designs, processes, or technologies. If the PMT determines that the increased scope for a Risk/Reward Team Member creates a significant financial inequity, it may use a portion of any savings from the innovative design, process, or technology to equitably increase the ICL of that Risk/Reward Team Member, and then recalculate the ICL and the ICL Percentage Percentages of each Risk/Reward Team Member. All changes under this Section will be documented in a Change Order.