One-Way Global Settlement Change Order
The One-Way Global Settlement Change Order is an agreement for a contractor to agree that the payment authorized is in full settlement of all claims.
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It states that copies should be sent to the Construction Administrator, Contractor, Architect/Engineer, University Accounting, and Project Manager or Construction Inspector. There are sections to total the amount that the change order would cost, as well as how many days extra time the change order is going to cause the work to be extended by. There are sections for signatures from the architect, contractor, and trustees. This contract is focused on universities, schools, colleges in the state of California, but could be customized for any individual establishment's needs.
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