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ARTICLE 12-CHANGE OF CONTRACT PRICE; c: where one or more tiers of subcon-
<br /> CHANGE OF CONTRACT TIMES tracts are on the'basis of Cost of'the Work
<br /> .plus,a fee and no-fixed fee,is agreed.upon,
<br /> the intent,of paragraph '12.01'.C.2.a'is!that
<br /> 12.01 Change,of Contract.Price 'the Subcontractor who actually pe"dorms
<br /> the Work, at-whatever tier,will be paid a'.fee
<br /> .A. The.Contract Price may only be changed-by a of 15 percent of the costs incurred by such,
<br /> Change Order or by a Written Amendment. Any Subcontractor under paragraphs 11.01.A:1.
<br /> Claim for'an adjustment in the Contract Price-shall-be, and: 11.0.1.A.2 and: that any higher, tier
<br /> based on.written notice submitted by the party making 'Subcontractor and CONTRACTOR ,will
<br /> the Claim to the.ENGINEER and the other party to the each be paid a fee -of five percent of the
<br /> Contract.in..accordance With the provisions.of para amount paid,to the-next lower tier Subcon-
<br /> graph_10.05. tractor;
<br /> B:, The,dalue of any Work covered by'a Change- d. no fee shah be' payables on the
<br /> Order or of any Claim foi an adjustment. in the basis,of costs itemized under paragraphs
<br /> Contract Price will be determined as follows:' '11.01:A.4,.11,.01.A.5,and 11.01.B;
<br /> 1. where the Work involved is.covered e: the amount of credit:tb be allowed
<br /> by unit prices.. contained in the Contract by CONTRACTOR "to OWNER for any
<br /> Documents, by application of such unit price charige,'which results in a.net decrease in,
<br /> the quantities.of the items involved (subject to: cost will 6e `the arriourit,of the actual net'
<br /> the provisions.of paragraph 11.03);or decrease in cost plus a- deduction in
<br /> CON TRACTOR's fee by an, amount equal
<br /> 2. where-the.Work.involved is not coV to five pe�cerit ofsuch net decrease;and
<br /> ered,by unit prices:contained,in-the:'.Coriteact
<br /> Documents, by a mutually agreed lump sum f. when both additions and credits are
<br /> (which''may include an allowance for overhead inVolved in anyone change,, the adjustment
<br /> and profit .not,necessarily in accordance,with in-CONTRACTOR'S fe'e shall be.computed'
<br /> paragraph.12.01:C.2); or on the basis 'of- 'the 'net change: `in
<br /> accordance, ;with paragraphs 12.0.1.C2:a
<br /> 3. where the Work involved is not"cov. through 12:01,.C.2:e;inclusive:
<br /> ered by unit, prices ,contained: in-the;Contract
<br /> Documents arid'agreement''to a. lump sum 'is,; 12.02= Change of Contract Times•
<br /> not reached.under-paragraph 12:01.8:2-, on-the,-
<br /> basis of the Cost of'the Work (determined as, A. The•Conteact:Times (or Milestones).May body„
<br /> provided in paragraph; 11,01) 'plus: -a, be changed by, a. Change :Order or, by a :VVritten-
<br /> CONT;RACTOR's fee for overhead and'profit Amendment.. Any Claim.,for_ari:Adjusiment<in' the;
<br /> (determined'as,provided;in paragraph 12.011C). Contract Tunes _'(or. Miiestones) st all be based`.on
<br /> ,written notice.."submitted;by the,partyrnakingthe claim
<br /> C: CONTRACTORs. :Fee: The to'�the ENGINEER,and the other:party to the Contract.
<br /> CONTRACTOR!s-fee-forr.overhead and profit'shall be in accordance with the.provisions of paragraph'1'0.05:
<br /> deterrhined,as follows:,
<br /> B Any adjustment of"the.-Contract Times (or
<br /> 1. a,mutual) acceptable- xed fee;,or- Milestones) covered,,�by.a Change Qrcier or of,any
<br /> .Claim, for an adiustment .in the Contract Times'.(or
<br /> 2: if a.fixed fee isnot agreed upon; then Milestones)-will,be-determined in accordance with.the.
<br /> a fee:based on the following percentages.of the provisions of-this Article,lZ,
<br /> various portions.of the Cost of,the:Work.
<br /> 12.03' Delays_Beyond,.CONTRACTOR's Controll
<br /> .a., for costs. incurred under para-
<br /> graphs, 11.01 A 1 and 11:0.1;,A:2, the -A: Where 'CONTRACTOR Is _prevented ,from,
<br /> C_ONTR_ACT,OR'sfee shall:be 15 percent; completing,any part of the 1Nork Within ahe Contract;
<br /> Times (or Milestones);:due lo,delay beyond the;control:
<br /> b. for costs incurred,uritler`paragraph of CONTRACTOR; the Contract Times., (or
<br /> 11.01'.A.3 :-the:
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