|
Whenever a change in the work is required, the Joint Committee recommends that an adjustment in the contract sum be made on a lump sum basis. The amount for such changes is to be submitted by the contractor, and agreed to by the Architect and Owner, with a formal change order issued, before the work is commenced. When a lump sum agreement is not practical, the changes may be performed on a cost-plus (with a reasonable allowance for overhead and profit) basis, or an agreed upon unit price basis in accordance with the requirement of the General Conditions of the Specifications. A change in the work may also require a change in the contract time. Time extension should be agreed upon at the same time as the change in the contract sum. All parties involved should be notified of all changes and/or time extensions. All owner contracted parties should be allowed to evaluate changes for the impact of the changes on their portion of the work, and be notified of any time extensions. Revised January 1990 Approved from ACE Joint Committee Recommended Construction Practices Dated 9/58 Top of Page | AIA-MBA Home Page | Organization | Drawings & Specifications | Bidding | Contracts | Temporary Services | Bonds, Insurance & Liability | Safety Responsibilities | Release of Liens | Procurement Methods & Supplements | Contact Us |
