Thread Content
Which of the following statements is correct regarding the adjustment of costs due to changes in engineering design? A. Within 14 days after the design change is finalized, if the change involves an adjustment to the project cost, the contractor shall submit a request to the employer; upon approval by the employer, the contract price shall be adjusted. B. Within 22 days after the design change is finalized, if the change involves an adjustment to the project cost, the contractor shall submit a request to the employer; upon approval by the employer, the contract price shall be adjusted. C. Within 7 days after the design change is finalized, if the contractor fails to submit a report regarding any adjustment to the project cost, then the employer and contractor may decide, based on the information available to them, whether to adjust the contract price and by how much. D. Within 22 days after the design change is finalized, if the contractor fails to submit a report regarding any adjustment to the project cost, then the employer and contractor may decide, based on the information available to them, whether to adjust the contract price and by how much. Answer: A
A. Within 14 days after the engineering design change is finalized, if the change entails an adjustment to the project cost, the contractor shall submit a request to the employer; upon approval by the employer, the contract price shall be adjusted