AECO_Contracts_and_Proposals/IDP/IPD Appendix B.md

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####Appendix B: Target Cost Amendments

Amendment 1

Date _____________________

The Target Cost is hereby amended from the previous amount of __________________

to the amended amount of __________________.

The reason for this amendment to the Target Cost is as follows:

  • ☐ Owner chooses to increase scope
  • ☐ Unforeseen site conditions
  • ☐ Force Majeure (act of God) occurs which increases project costs
  • ☐ Changes in regulatory agency requirements require an increase in scope

Explanation of change:

________________________________________________________________

________________________________________________________________

________________________________________________________________





Client Signature       Representatives name         Date



**Architect** Signature       Representatives name         Date

**General Contractor** Signature       Representatives name         Date