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2024-169-E-AMS-Siemens Industry-Increase in costs due to construction delays
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2024-169-E-AMS-Siemens Industry-Increase in costs due to construction delays
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Last modified
4/8/2024 1:41:21 PM
Creation date
4/8/2024 1:41:09 PM
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Contract
Date
3/12/2024
Contract Starting Date
3/12/2024
Contract Ending Date
3/25/2024
Contract Document Type
Contract
Amount
$23,791.10
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Terms & Conditions Link(s) <br />Terms and Conditions (Click to download) <br />Terms & Conditions (Unrestricted) <br />(www.siemens.com/standard-terms-project-unrestricted) <br />Price Escalation.If, during the term of this Contract, the price of various materials or labor or logistics are <br />increased as reflected by CRU/IHS Markit/CMAI/COMEX market index, then Siemens may increase the Contract <br />Sum or apply a surcharge to Customer accordingly. <br />As a result of the global Covid-19 Virus outbreak, temporary delays in delivery, labor or services from Siemens <br />and its sub-suppliers or subcontractors may occur. Among other factors, Siemens' delivery is subject to the <br />correct and punctual supply from sub-suppliers or subcontractors, and Siemens reserves the right to make <br />partial deliveries or modify its labor or services. While Siemens shall make every commercially reasonable <br />effort to meet the delivery or service or completion date mentioned above, such date is subject to change. <br />To the extent applicable, the following Rider(s) are incorporated and made part of <br />the Siemens Standard Terms and Conditions: <br />Riders (Click on rider below to download) <br />SI Fire Life Safety Rider <br />(www.siemens.com/rider-fls) <br />SI Mass Notification Rider <br />(www.siemens.com/rider-mass-notification) <br />SI Monitoring Rider <br />(www.siemens.com/rider-monitoring) <br />SI Software License Warranty <br />(www.siemens.com/rider-software-license) <br />SI Consulting Rider <br />(www.siemens.com/rider-consuling) <br />Page 10 of 11 <br />DocuSign Envelope ID: F1274CE7-87E2-472B-80D7-92EE123F3A5E
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