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40 <br />EI <br />• <br />w <br />i4RTl t- 19 - CFii4NGE O GCT PRIG <br />11.1 The contract price constitutes the total compensation (subject to authorized adjustments) <br />payable to CONTRACTOR for performing the Work. All duties, responsibilities and <br />obligations assigned to or undertaken by CONTRACTOR shall be at his expense without <br />change in the Contract Price. <br />11.2 The Contract Price may only be changed by a Change Order or by a Written Amendment. <br />Any claim for an increase or decrease in the Contract Price shall be based on written <br />notice delivered by the party making the claim to the other party and to ENGINEER <br />promptly (but in no event later than thirty (30) days) after the occurrence of the event <br />giving rise to the claim statin !he general nature of the claim. Notice of the amount <br />of the claim with supporting data shall be delivered within sixty (50) days after such <br />occurrence (unless ENGIN LEER allows an additional period of time to ascertain more <br />accurate data in support of the claire) and shall be accompanied by claimant's written <br />statement that amount claimed covers all known amounts (direci, indirect and <br />consequential) to which the claimant is entitled as a result of the occurrence of said event. <br />All claims for adjustment in the Contract Price shall be determined by ENGINEER in <br />accordance with paragraph 9.11 if OWNER and CONTRACTOR cannot otherwise agree <br />on the amount involved. No claim for an adjustment in the Contract Price will be valid if <br />not submitted in accordance with this paragraph 11.2. <br />11.3. The value of any Work covered by a Change Order or of any claim for an increase or <br />decrease in the Contract Price shall be determined in one of the following ways: <br />-11.3.1 Where thq Work involved is covered by unit prices contained in the Contract <br />Documents, by application of unit prices to the quantities of the items <br />involved (subject to the provisions of paragraphs 11.9 thruuyi 11. i 1, <br />inclusive). <br />11.3,2 By mutual acceptance of a Jump sum or other unit price(which may include <br />an allowance for overhead and profit not necessarily in accordance with <br />paragraph 11,621). <br />11.3.:.3 On the basis of the Cost of the Work (determined as provided in paragraphs <br />11.4 and 11.5). <br />Cost of the Work: <br />11.4 The term Cost of the Work means the sum of all costs necessarily incurred and paid by <br />MIMTRACTOR in the proper performance of the Work. Except as otherwise may be <br />agreed to in writing by .OWNER, such costs shall be in amounts no nogner to an inose <br />prevailing in the locality of the Project, shall include only the following items and shall not <br />include any of the costs itemized in paragraph 11.5: <br />11.1.1 For all labor and foremen (CONTRACTOR and subcontractors) in direct <br />charge of the authorize operations, the CONTRACTOR shall receive the <br />current local rate of wages, to be agreed upon in writing before starting such <br />work, for each hour that said labor and foremen are actually engaged <br />thereon, to which shall be added an amount equal to 15 percent (15/6) of the <br />sum thereof which shall be considered and accepted as full compensation <br />for general supervision and the furnishing of small tools and miscellaneous <br />equipment used, such as picks, shovets, hand pumps, and similar items. <br />GENERAL CONDITIONS <br />