Agenda - 12-11-2007-4lxtr - Laserfiche WebLink

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whereupon the Contractor shalE so proceed and keep accurate4y, in such farm as may be required by the GMAR, a correct account of casts together with, aft proper invoices, payrolls, and supporting data therefore. 15.4 Where the Gantract Price Is to be adjusted, the fallowing limitations shalt apply in de#ermining the amount of adjustment: (a} 4n the case of extra or emergency work, the Gantract Price shalt not be Increased by more than the reasonable, actual, and documented net cost of the extra or emergency work plus ten percent {10%) of such net cast on Work performed by the Contractor and five percent {5%} thereof on any subcontracted Work for overhead and profit combined. (b) to the case of a decrease in Work, the Contract Price shat! not be decreased by less Phan the'net cost of the deleted Work.ptus five percent (5%) of such direct net cost far profit and overhead. The term 'net cost' as used herein shat! include, as applicable, and sha14 be limited ta, alt direct labor, direct material, direct equipment, tabor burden, sales taxes, shipping .and handling charges, permits and fees, and insurance and band premium adustments, if any, attributable to the change. Ali other items of cast shall be considered as overhead and covered by the percentages allowed in sections (a} and (b) of this paragraph. The Contractor shall provide worksheets ar tabulations describing the method by which the direct net cost was calculated, and shall provide alt data needed to support the calculation of the d'srect net cost, a!t in a farm acceptable to the CMAR. ARTICLE 16, tlNFORESEEPt CONDITIONS 16.1 Should the Contractor encounter unforeseen conditions at the Project. site materially differing from those shown on the Drawings ar indicated in the Specifccatlans or differing materially from those ordinarily encountered and generally recogn'szed as inherent in work of the character provided for in this Agreement, the Contractor shall immediately, and in nn event more than three {3) days later, give notice to the GMAR of such conditions before they are disturbed. The GMAR shat! thereupon promptly notify the Designer and Owner and investigate the conditions. The Cfv1AR shalt as soon as practicable request that the Designer make such changes in the brawings and/or Specifications as the CMAR anti the Contractor believe are necessary to continue the Work, Any increase or decrease in the Contract price resulting from such changes she!! be adjusted in the manner provided herein far adjustments as to extra andfor additional Work and changes. The CMAR shall not be liable ar responsible for addttianal work, costs, or changes to the Wark that could have been reasonably determined tram any reports, surveys, and analyses made available far the Contractor`s review or that could have been discovered by the Contractor through the performance of its obligations pursuant to the Contract Documents. ARTICLE 17. G4RRECTION OF WORK SEI=ORE FINAL PAYMENT 17.1 The ©wner and the CMAR have the authority to stop or suspend Work and to order Wark removed or to order corrections of defective Work or Wark not in compliance with the Contract Documents where such action may be necessary to ensure successful completion of the Work. Any work, materials, fabricated items; ar other parts of the Workwhich have been found by the CMAR, the Qwner ar the Designer to be defective or not fi 2ecardance with the Contract Documents shat! be condemned and shall be removed from the Project by the Contractor, and immediately replaced by new Work in accordance with the Contract GENERAL Ct~NDtTlQN5 FC~R CM AT RISK PROJECT 32 of 42 JUNE 2007 EDITIdN