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with the value of the Change Order or the calculated value of the time extension. In the event <br /> Contractor fails to follow this procedure and performs additional Work without first obtaining pre- <br /> approval in writing by the City Manager or his designee, the Contractor shall not be entitled to any <br /> additional monies in connection with the additional Work performed. <br /> 8.3 In the event satisfactory adjustment cannot be reached for any item requiring a change in the <br /> Contract Amount, the City reserves the right at its sole option to either terminate the Agreement as <br /> it applies to the items in question and make such arrangements as may be deemed necessary to <br /> complete the disputed work; or may submit the matter in dispute as set forth in the dispute resolution <br /> procedures set forth in this Agreement. <br /> 8.4 On approval of any change increasing the Contract amount, Contractor shall ensure that the <br /> Bonds are increased accordingly. <br /> ARTICLE 9. SCOPE OF WORK MODIFICATION PROCEDURES <br /> 9.1 OWNER INITIATED MODIFICATIONS <br /> The City will issue a detailed description of proposed changes in the Work that may require an <br /> adjustment(s)to the Contract Amount or Contract Time. If necessary, the description will include <br /> supplemental or revised drawings and specifications. Subsequent to notification of modifications <br /> in the Work by City, Contractor shall submit a quotation estimating cost adjustments to the <br /> Contract Amount and/or the Contract Time necessary to execute the change. Contractor shall <br /> include the following information when responding: <br /> • Include a list of quantities of products required or eliminated and unit costs, with total <br /> amount of purchases and credits to be made. If requested, furnish survey data to <br /> substantiate quantities. <br /> • Indicate applicable taxes, delivery charges, equipment rental, and amounts of trade <br /> discounts. <br /> • Include costs of labor and supervision directly attributable to the change. <br /> • Include an updated contractor's construction schedule that indicates the effect of the <br /> change, including but not limited to, changes in activity duration, start and finish times, <br /> and activity relationship. Use available total float, if any, before requesting an extension <br /> of the Contract Time. <br /> 9.2 CONTRACTOR INITIATED MODIFICATIONS <br /> If latent or unforeseen conditions require modifications in the contract,the Contractor may propose <br /> changes by submitting a request for a change order to the City. Contractor shall use the change <br /> order request form approved by the City for said modification requests. The following MUST be <br /> submitted/included by Contractor: <br /> • A statement outlining reasons for the change and the effect of the change on the Work. <br /> Provide a complete description of the proposed change. Indicate the effect of the proposed <br /> change on the Contract Amount and the Contract Time. <br /> • A list of quantities of products required or eliminated and unit costs, with total amount of <br /> purchases and credits to be made. If requested, furnish survey data to substantiate <br /> C5966-I5I6-082 SOUTHERN UNDERGROUND INDUSTRIES.INC. 8 S I <br />