Reso 2005-814 - Laserfiche WebLink

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ARTICLE 12 - CHANGE OF CONTRACT PRICE; CHANGE OF CONTRACT TIMES 12.01 aumge 0/ ColllraCl PriCt A. The Contract Price may ooly be changed by a CwJge Order or by a Wriuen Amendment. Any Claim for an adjUStmcDt in Che Conuact Price shall be based on written notice submitted by the party making the Claim to the ENGINEER and the other party 10 the Conlracl in accor- dance with the provisions of paragraph 10.OS. B. The value of any Wort covered by a Change Order or of any Claim for an adjUSlment in the Contracl Price will be determined as follows: 1. wbere the Wort iDvolved is covered by unit prices COIIIaiDed in Ibe Conrract DocumeIltS, by applica- tion of such UDit prices to lbe qumtities of die items involved (subject to the provisions of paragraph 11.03 ); or 2. where the Work: iDYOlved is DOt covered by unil prices CODtaiDed in the Contract Documents, by a mutually agreed lump sum (which may include an allowance for overhead and profil nOl necessarily in accordance with paragraph 12.01.C.2); or 3. where the Work involved is DOt covered by unil prices COII!aiDcd in rhe COIdI'lICl Doc:umeaII mf agree- meat to a lump sum iI DOC reacbed UDder paragraph 12.01.8.2, OIl die basil of Ibe Cost of die Work (defermiDed u provided in panaraph 11.01) plus a CONTRAcroR'. fee for overbeId IDd pro& (deter- miacd . proYided in pananph 12.01.C). C. CONIlWCTOR'.. Fee: The CONTRACTOR'. fee for overbea4 aDd profit sball be dctermi.aed 81 follow.: 1. . mutually acccplabJe fiud fee; or 2. if I fixed fee is DOC agreed upon, thco a fee bued on Ibe foUowiDa perteldqea of the various porUoas of Ibe Cost of the Work:: a. for COICI iDcurred UDder paragnpha 11.01.A.! ad 1l.OI.A.2, the CONTRAcrOR'. fee aha1l be 15 perc:aII; b. for COICI iacurred UDder panaraph 11.01.A.3, Ibe CONTRACfOR'. fee IhaII be fm pen:eaI; c. wIleR cae or IIICR dai of IUbcounca are on cbc basis of Colt of die wort plus a fee mI DO 00700 - 33 fixed fee is agreed upon, the intem of paragraph 12.0l.C.2.a is that the SubcoDtractor who lCtUaDy performs the Work, at whatever tier, will be paid a fee of 15 percent of the costs incurred by such Subcontractor under paragraphs 11.0l.A.I and 11.0l.A.2 and that any higher tier Subcomractor and CONTRACTOR will each be paid a fee of five percenl of the amount paid to the next lower tier Subconlraclor; d. no fee shall be payable on the basis of costs itemized under paragraphs 11.01.A.4, 11.01.A.S, and 11.01.B; e. lhe amount of credit to be allowed by CONTRACTOR to OWNER for auy change whicb resullS in a lid decrease in cost will be the amount of Ibe actual lid decIase.in COlt plus a deductioa in CONTRACTOR'. fee by an UIlOUIIt equal to five perceul of such Del decrease; and f. when both additiODl and credits are in- volved in any one cbaDge, the adjusanem in CONTRACTOR'. fee sba1I be computed on the basis of the Del change in accordance with para- graphs 12.01.C.2.a through 12.01.C.2.e, inch.- sive. 12.02 OI4nge oj Contract 1imu A. The CoDttlCt TUIIeI (or Milestones) may oaly be ,..hA"Ied by a 0wJae Order or by . Writtal AIIV!IId--.. Ally Claim for au ..... ill Ibe ~ TimeI (or )rt'i1estoaes) IbaD be based OIl wriIrea DGdce IUbmJued by the pany mAIm1& cbe claim to cbe BNGINEIDt aDd Cbe Ocher pany 10 Ibe Coattact ill accordance wida die ~ Of ....... 10.05. B. Any adjustmeDt of the Coatract TUDa (or MiJeltDnealccm:recf.by a n.A.Onter or of III)' ClaIm for an adjustmeal in die Conttact TUIIeI (or MDestDDeI) wiD be detenDiaed ill acc:ordaace widl .dIc proviskms of ddI Article 12. 12.03 Dellzyl Beyond CONTRACI'OR'.. Control A. Where coNTRAcroa Is prnemed from compleriDg III)' put of Ibe Work widda Ibe CODttId 11mea (or MiIeIfoaea) dae to delay be)VDd die COIdnII of CONTRACI'Oa, die Caarracr T.... (or MiIeItoaeI) wIIIlJe emaded ill ID RIIOUId equal to Ibe lime IOIC due to .. delay 'a Calm k made Ibcrefor u provided iD puIII'IJIb 12.02.A. Delays beyODd Ibe comrol of coNTRAcroa sbaIJ iaclude, bac DOt be limJted to, 8CtI or IqIec:C by OWNER, aces or aepcc of udIky 0MIaI or oIber CODUacfOn performlaa otber wort .. COIItCmplatccl by