REQUIREMENTS FOR NOTICE OF CLAIM Sample Clauses

REQUIREMENTS FOR NOTICE OF CLAIM. The notice of claim shall clearly state the Contractor’s intention to make claim and the reasons why the Contractor believes that additional compensation, changes or an extension of time may be remedies to which it is entitled. At a minimum, it shall provide the following:
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REQUIREMENTS FOR NOTICE OF CLAIM. Any Notice of Claim filed by a Texas Party shall specify in reasonable detail the facts and circumstances of the claim; the basis on which a California Party is believed to have liability therefor; and the estimated amount of loss alleged to have been suffered or liability incurred by the Texas Party as a result thereof. Such estimates of loss or liability (while not binding on the Texas Party) shall be prepared by the Texas Party on a reasoned basis consistent with the facts and circumstances out of which the claim arose.
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