Change Order Costs Sample Clauses

Change Order Costs. The Change Order Cost for each Change Order hereunder shall be equal to the sum of all projected costs by Landlord, including, without limitation, financing costs whether expenses or interest costs (which shall be documented and verifiable) incurred in connection with the subject change, plus an aggregate fee of seven and 50/100 percent (7.50%). Prior to the start of the work which is the subject of a Change Order, Landlord shall provide Tenant with reasonable documentation with respect to the Change Order Costs therefor. Xxxxxx agrees that Tenant shall pay to Landlord, in advance and on demand, the full amount of the Change Order Cost.
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Change Order Costs. If any Change for which a Change Order is issued increases the Construction Manager’s cost of performing the Services, then the Owner shall pay the Construction Manager its actual costs incurred in implementing such Change Order; provided that the Construction Manager shall not incur any costs in excess of the Estimated Change Order Costs set forth in such Change Order without providing the Owner with advance written notice of the amount and nature of such excess costs, and if the Construction Manager delivers any such notice, the Parties shall meet and discuss such excess costs and how to proceed in good faith and the Owner shall have the right to issue a Change Order Request to stop any previous Change Order. The Owner shall pay the Construction Manager the costs associated with a Change Order the month before the Construction Manager reasonably and in good faith anticipates incurring
Change Order Costs. Allowable Change Order Costs are identified below. The Allowable Change Order Costs identified in Section 4.1.5 apply exclusively to determine the amount of compensation due under Force Account Change Orders, but such compensation shall not exceed Stipulated Maximum Sum established pursuant to Section 3.4.5.1. The compensation due CM/GC under any Lump Sum or Unit Price Change Order shall be set forth in such Change Order, not based on costs in performing such Change Order Work. Accordingly, no costs associated with Lump Sum or Unit Price Change Order Work are Allowable Costs or Allowable Change Order Costs but in determining the estimated cost impact of a proposed Change Order, as set forth in Section 3.4.2.1, CM/GC shall use only the Allowable Change Order Costs identified below.
Change Order Costs. The cost of change orders shall be determined by acceptable lump sum proposal inclusive of back-up as may be reasonably required by Tenant. All costs associated with the change are to be included in the change order proposal submitted by Landlord. Costs may be in terms of time, money or both. The following form shall be followed as applicable for additions and deductions: EXTRA/(CREDIT)
Change Order Costs. If any Change for which a Change Order is issued increases the Construction Manager’s cost of performing the Services, then the Owner shall pay the Construction Manager its actual costs incurred in implementing such Change Order; provided that the Construction Manager shall not incur any costs in excess of the Estimated Change Order Costs set forth in such Change Order without providing the Owner with advance written notice of the amount and nature of such excess costs, and if the Construction Manager delivers any such notice, the Parties shall meet and discuss such excess costs and how to proceed in good faith and the Owner shall have the right to issue a Change Order Request to stop any previous Change Order. The Owner shall pay the Construction Manager the costs associated with a Change Order the month before the Construction Manager reasonably and in good faith anticipates incurring such costs. The Construction Manager shall issue written invoices to Owner for such costs on a monthly basis along with each Application for Payment. All disputes arising in connection with this Section 9.2 shall be resolved in accordance with Section 14.5(b).

Related to Change Order Costs

  • Change Orders Any alteration or deviation from the Services mentioned or any other contractual specifications that result in a revision of this Agreement shall be executed and attached to this Agreement as a change order (“Change Order”).

  • Change Order (5) The Change Order is then submitted to the Project Manager who immediately processes the CO with OPC as required by Bulletin 3.5 and BGS’ Contracting Plan.

  • Direct Costs Insert the major cost elements. For each element, consider the application of the paragraph entitled “Costs Requiring Prior Approval” on page 1 of these instructions.

  • Contract Price 5.01 Owner shall pay Contractor for completion of the Work in accordance with the Contract Documents the amounts that follow, subject to adjustment under the Contract:

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Project Schedule Construction must begin within 30 days of the date set forth in Appendix A, Page 2, for the start of construction, or this Agreement may become null and void, at the sole discretion of the Director. However, the Recipient may apply to the Director in writing for an extension of the date to initiate construction. The Recipient shall specify the reasons for the delay in the start of construction and provide the Director with a new start of construction date. The Director will review such requests for extensions and may extend the start date, providing that the Project can be completed within a reasonable time frame.

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