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ARTICLE 12 - CHANGE OF CONTRACT PRICE ; terse - CHANGE OF CONTRACT TIMES if any, is forte wner to cover D . Prior to final payment, an appropriate Change Order 12 ' 01 Change of Contract Price will be issued as recommended by Engineer to reflect actual amounts due Contractor on account of Work Order. Any Claim for an adjustment in the rice covered by allowances, and the Contract Price shall be shall be based on written notice ed by the party correspondingly adjusted . making the Claim t ngineer and the other party to the Co accordance with the provisions of 1 1 . 03 Unit Price GVork graph-1-0-05 . A . Where the Contract Documents provide that all or part Q . The value of any Work covered by a Change Order or of the Work is to be Unit Price Work, initially the of any Claim for an adjustment in the Contract Price will Contract Price will be deemed to include for all Unit Price be determined as follows : Work an amount equal to the sum of the unit price for each separately identified item of Unit Price Work times I . where the Work involved is covered by unit the estimated quantity of each item as indicated in the prices contained in the Contract Documents , by Agreement. application of such unit prices to the quantities of the B . The estimated quantities of items of Unit Price Work items involved (subject to the provisions of Paragraph 11 . 03 ) ; or are not guaranteed and are solely for the purpose of comparison of Bids and determining an initial Contract 4--where-t}re�rk-tnvveFv�ed-is-rret-coed-y Price . Determinations of the actual quantities and prices conty a ained in the Contracy a t D ntsrr�' b classifications of Unit Price Work performed by mutually agreed lum v ich may include an Contractor will be made by Engineer subject to the allowance eriead and profit not necessarily in provisions of Paragraph 9 . 07 . a*lGa c n c� r� � C . Each unit price will be deemed to include an amount 30 where the Work involved is not covered by unit considered by Contractor to be adequate to cover prices contained in the Contract Documents and Contractor ' s overhead and profit for each separately agreement to a lump sum is not reached under identified item . Paragraph 12 . 01 . 13 . 2 , on the basis of the Cost of the Work (determined as provided in Paragraph 11 . 01 ) � B-Owner or Contractor nay lk� a-GLaie plus a Contractor ' s fee for overhead and profit (deter- adjustment in the Contract Price in accordance i mined as provided in Paragraph 12 . 01 . C) . Paragraph 10 . 05 if. �-E-eM tr-acytot 's-I*ee- ."F}je-C-en tr-eater=s-fe�for-ewer•} 1 . the quantity of any item of nit Price Work and profit shall be determined as follows : performed by Contractor di f rs materially and significantly from the estimat quantity of such item I . a mutually acceptable fixed fee ; or indicated in the Agreemen • and 2 . if a fixed fee is not agreed upon , the a fee based 2 . there is no c esponding adjustment with on the following percentages of they rious portions respect any other i in of Work ; and of the Cost of the Work : 3 . Contrac r believes that Contractor is entitled to a . for costs incurred under ragraphs 1 I . OI . A . l an increa in Contract Price as a result of having and 11 . 0I .A .21 the Contr tor ' s fee shall be 15 incurre additional expense or Owner believes that percent; Ow r is entitled to a decrease in Contract Price and t parties are unable to agree as to the amount of any b . for costs incurre under Paragraph 1 1 . 01 . A . 3 , - ueh-inePease-er-&oFease the Contractor ' s f shall be five percent ; c . where one more tiers of subcontracts are on the basis of ost of the Work plus a fee and no fixed fee i /agreed upon , the intent of Paragraph 12 . 01 . C .2 . a is that the Subcontractor who actual performs the Work, at whatever tier, will be p Id a fee of 15 percent of the costs incurred by such Subcontractor under Paragraphs rt 41nl e n - - J EJCDC C-700 Standard General Conditions of the Construction Contract. Copyright © 2002 National Society of Professional Engineers for EJCDC. All rights reserved. 00700 - 32