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2004-018B
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2004-018B
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Last modified
8/18/2016 1:57:48 PM
Creation date
9/30/2015 7:16:51 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
01/20/2004
Control Number
2004-018B
Agenda Item Number
11.I.2
Entity Name
Applied Technology & Management
Subject
Contract Specifications
Mitigation Reef Design
Area
Ambersand Beach Sectors 1 & 2
Bid Number
6031
Archived Roll/Disk#
3209
Supplemental fields
SmeadsoftID
3595
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ARTICLE 11 - CHANGE OF CONTRACT PRICE <br /> 11 . 1 The contract price constitutes the total compensation (subject to authorized adjustments) payable to <br /> CONTRACTOR for performing the Work. All duties, responsibilities and obligations assigned to or <br /> undertaken by CONTRACTOR shall be at his/her expense without change in the Contract Price. <br /> 11 .2 The Contract Price may only be changed by a Change Order or by a Written Amendment. Any claim for <br /> an increase or decrease in the Contract Price shall be based on written notice delivered by the party making <br /> the claim to the other party and to ENGINEER promptly (but in no event later than thirty (30) days) after <br /> the occurrence of the event giving rise to the claim and stating the general nature of the claim. Notice of <br /> the amount of the claim with supporting data shall be delivered within sixty (60) days after such occurrence <br /> (unless ENGINEER allows an additional period of time to ascertain more accurate data in support of the <br /> claim) and shall be accompanied by claimant ' s written statement that amount claimed covers all known <br /> amounts (direct, indirect and consequential) to which the claimant is entitled as a result of the occurrence of <br /> said event. No claim for an adjustment in the Contract Price will be valid if not submitted in accordance <br /> with the Contract Documents . <br /> 11 . 3 . The value of any Work covered by a Change Order or of any claim for an increase or decrease in the <br /> Contract Price shall be determined in one of the following ways : <br /> 11 .3 . 1 Where the Work involved is covered by unit prices contained in the Contract Documents, <br /> by application of unit prices to the quantities of the items involved; <br /> 11 .3 .2 By mutual acceptance of a lump sum. <br /> Cash Allowances : <br /> HA It is understood that CONTRACTOR has included in the Contract Price all allowances so named in the <br /> Contract Documents and shall cause the Work so covered to be done by such Subcontractors or Suppliers <br /> and for such sums within the limit of the allowances as may be acceptable to ENGINEER and OWNER. <br /> CONTRACTOR agrees that: <br /> 11 .4 . 1 The allowances include the cost to CONTRACTOR (less any applicable trade discounts) <br /> of materials and equipment required by the allowances to be delivered at the site, and all <br /> applicable taxes ; and <br /> 11 .4 .2 CONTRACTOR' s costs for unloading and handling on the site, labor, installation costs, <br /> overhead, profit and other expenses contemplated for the allowances have been included <br /> in the Contract Price and not in the allowances . No demand for additional payment on <br /> account of any thereof of any thereof will be valid. <br /> Prior to final payment, an appropriate Change Order will be issued to reflect actual amounts <br /> due <br /> CONTRACTOR on account of Work covered by allowances, and the Contract Price shall be <br /> correspondingly adjusted. <br /> Unit Price Work: <br /> 11 . 5 Where the Contract Documents provide that all or part of the Work is to be Unit Price Work, initially the <br /> Contract Price will be deemed to include for all Unit Price Work an amount equal to the sum of the <br /> established unit prices for each separately identified item of Unit Price Work times the estimated quantity <br /> of each items as indicated in the Agreement. The estimated quantities of items of Unit Price Work are not <br /> guaranteed and are solely for the purpose of comparison of Bids and determining an initial Contract Price . <br /> Determinations of the actual quantities and classifications of Unit Price Work performed by <br /> CONTRACTOR will be made by ENGINEER in accordance with paragraph 9 . 10 <br /> GENERAL CONDITIONS GC19 <br />
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