2012-003B - Laserfiche WebLink

Home Browse Search

02 costs of materials , supplies and equipment , including cost of transportation , whether incorporated or consumed ; . 3 rental costs of machinery and equipment exclusive of hand tools , whether rented from the Design/ Builder or others ; . 4 costs of premiums for all bonds and insurance permit fees , and sales , use or similar taxes ; . 5 additional costs of supervision and field office personnel directly attributable to the change ; and fees paid to the Architect , engineers and other professionals . § 8 . 3 . 3 Pending final determination of cost to the Owner, amounts not in dispute may be included in Applications for Payment . The amount of credit to be allowed by the Design / Builder to the Owner for deletion or change which results in a net decrease in the Contract Sum will be actual net cost . When both additions and credits covering related Work or substitutions are involved in a change , the allowance for overhead and profit shall be figured on the basis of the net increase , if any , with respect to that change . § 8 . 3 . 4 When the Owner and the Design/ Builder agree upon the adjustments in the Contract Sum and Contract Time , such agreement shall be effective immediately and shall be recorded by preparation and execution of an appropriate Change Order . § 8 . 4 MINOR CHANGES IN THE WORK § 8 . 4 . 1 The Design/Builder shall have authority to make minor changes in the Construction Documents and construction consistent with the intent of the Contract Documents when such minor changes do not involve adjustment in the Contract Sum or extension of the Contract Time . The Design/ Builder shall promptly inform the Owner, in writing , of minor changes in the Construction Documents and construction . § 8 . 5 CONCEALED CONDITIONS § 8 . 5 . 1 If conditions are encountered at the site which are ( 1 ) subsurface or otherwise concealed physical conditions which differ materially from those indicated in the Contract Documents , or ( 2 ) unknown physical conditions of an unusual nature which differ materially from those ordinarily found to exist and generally recognized as inherent in construction activities of the character provided for in the Contract Documents , then notice by the observing party shall be given to the other party promptly before conditions are disturbed and in no event later than 21 days after first observance of the conditions . The Contract Sum shall be equitably adjusted for such concealed or unknown conditions by Change Order upon claim by either party made within 21 days after the claimant becomes aware of the conditions . § 8 . 6 REGULATORY CHANGES § 8 . 6 . 1 The Design/ Builder shall be compensated for changes in the construction necessitated by the enactment or revisions of codes , laws or regulations subsequent to the submission of the Design/ Builder' s Proposal . 16