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the sum of the unit price for each separately identified item of Unit Price Work times the <br />estimated quantity of each item as indicated in the Agreement. <br />B. The estimated quantities of items of Unit Price Work are not guaranteed and are solely for the <br />purpose of comparison of Bids and determining an initial Contract Price. Determinations of the <br />actual quantities and classifications of Unit Price Work performed by Contractor will be made by <br />Engineer subject to the provisions of Paragraph 9.07. <br />C. Each unit price will be deemed to include an amount considered by Contractor to be adequate to <br />cover Contractor's overhead and profit for each separately identified item. <br />D. Owner or Contractor may make a Claim for an adjustment in the Contract Price in accordance <br />with Paragraph 10.05 if: <br />1. the quantity of any item of Unit Price Work performed by Contractor differs materially and <br />significantly from the estimated quantity of such item indicated in the Agreement; and <br />2. there is no corresponding adjustment with respect to any other item of Work; and <br />3. Contractor believes that Contractor is entitled to an increase in Contract Price as a result of <br />having incurred additional expense or Owner believes that Owner is entitled to a decrease in <br />Contract Price and the parties are unable to agree as to the amount of any such increase or <br />decrease. <br />ARTICLE 12 — CHANGE OF CONTRACT PRICE; CHANGE OF CONTRACT TIMES <br />12.01 Change of Contract Price <br />A. The Contract Price may only be changed by a Change Order. Any Claim for an adjustment in the <br />Contract Price shall be based on written notice submitted by the party making the Claim to the <br />Engineer and the other party to the Contract in accordance with the provisions of Paragraph <br />10.05. <br />B. The value of any Work covered by a Change Order or of any Claim for an adjustment in the <br />Contract Price will be determined as follows: <br />1. where the Work involved is covered by unit prices contained in the Contract Documents, by <br />application of such unit prices to the quantities of the items involved (subject to the <br />provisions of Paragraph 11.03); or <br />2. where the Work involved is not covered by unit prices contained in the Contract Documents, <br />by a mutually agreed lump sum (which may include an allowance for overhead and profit not <br />necessarily in accordance with Paragraph l 2.01.C.2); or <br />3. where the Work involved is not covered by unit prices contained in the Contract Documents <br />and agreement to a lump sum is not reached under Paragraph 12.013.2, on the basis of the <br />Cost of the Work (determined as provided in Paragraph 11.01) plus a Contractor's fee for <br />overhead and profit (determined as provided in Paragraph 12.01.C). <br />EJCDC C-700 Standard General Conditions of the Construction Contract <br />Copyright © 2007 National Society of Professional Engineers for EJCDC. All rights reserved. <br />Page 46 of 62 <br />