Reso 2010-1658 - Laserfiche WebLink

Home Browse Search

13.5 If CITY and CONTRACTOR are unable to agree as to the extent, if any, of an adjustment in the Guaranteed Maximum Price or an adjustment of the Contract times that should be allowed as a result of a Work Change Directive, a claim may be made therefor. 13.6 CONTRACTOR shall not be entitled to an increase in the Guaranteed Maximum Price or an extension of the Contract Time with respect to any work performed that is not required by the Contract Documents as amended, modified and supplemented. 13.7 If notice of any change affecting the general scope of the work or the provisions of the Contract Documents is required by the provisions of any bond to be given to a surety, the giving of any such notice will be CONTRACTOR'S responsibility and the amount of each applicable bond shall be adjusted accordingly. 13.8 Any claim for adjustment in the Guaranteed Maximum Price or time shall be based upon written notice delivered by the party making the claim to the other parties and to Public Services Director not later than ten (10) business days after the occurrence or event giving rise to the claims and stating the general nature of the claim. No claim for an adjustment in the Guaranteed Maximum Price or an extension of the contract time will be valid if not submitted in accordance with this Paragraph. 13.9 The cost or credit to CITY from a change in the Work shall be determined in accordance with the provisions hereof. 13.10 If conditions are encountered which are subsurface or otherwise concealed physical conditions which differ materially from those indicated in the Contract Documents, CONTRACTOR shall notifY CITY immediately. The CONTRACTOR shall promptly investigate such conditions and, if they differ materially and cause an increase or decrease in the Contractor's cost of or time required for performance of any part of the work, CONTRACTOR shall recommend an equitable adjustment in the Guaranteed Maximum Price or Contract Time or both and submit said documentation for approval by CITY. ARTICLE 14 - CHANGE IN GUARANTEED MAXIMUM PRICE 14.1 The Guaranteed Maximum Price constitutes the total compensation (subject to authorized adjustments) payable to CONTRACTOR for performing the Work. All duties, responsibilities and obligations assigned to or undertaken by CONTRACTOR shall be at his expense without change in the Guaranteed Maximum Price. 14.2 The Guaranteed Maximum Price may only be changed by a Change Order or by a Written Amendment. Any claim for an increase or decrease in the Guaranteed Maximum Price shall be based on written notice delivered to Public Services Director promptly (but in no event later than ten (10) days) after the occurrence of the event giving rise to the amount of the claim with supporting data shall be delivered within twenty (20) days and shall be accompanied by claimant's written statement that the amount claimed covers all known amounts (direct, indirect and 26