Get Change Order With A Breakdown

Filling out the Change Order With A Breakdown is essential for ensuring clear communication regarding contractual adjustments. This guide will walk you through each step to help you complete the form accurately and efficiently.

Follow the steps to complete the Change Order With A Breakdown form online.

1. Click the ‘Get Form’ button to obtain the document and open it in your preferred online editor.
2. Enter the Change Order Number in the designated field to identify the specific change. This number is vital for tracking purposes.
3. Fill in the C/O # field with the change order identification number assigned by your organization.
4. Indicate the Change Order Amount by entering the total monetary value of the change order in the provided space.
5. Input your Company Name and Project Name in the respective fields to ensure the form is associated with the correct applicant and project.
6. Complete the financial breakdown by filling in the estimated costs for the following categories: Total Estimated Labor Costs, Total Estimated Material Costs, Total Estimated Rented Equipment Costs, Total Estimated Owned Equipment Costs, Total Subcontract Costs, Total Other Costs, Bond Premium, and FDS Management Fee (1%). Each of these fields requires accurate estimation to reflect your project's financial needs.
7. Calculate the Subtotal by summing all the values entered in the estimated costs categories. This figure is critical for understanding the overall impact of the change order.
8. Input any Overhead Expense that may arise due to the change order in the provided field.
9. Establish the Estimated Profit you anticipate from this change order, providing a realistic estimate to ensure project sustainability.
10. Ensure the TOTAL field reflects the current total contract value after including all changes from this change order. This must match the total derived from previous calculations.
11. Review all entries for accuracy before finalizing, as precise information is crucial to prevent disputes.
12. Once completed, you can save changes, download the form, print it for your records, or share it with relevant parties to facilitate approval.

Complete your Change Order With A Breakdown online today to ensure smooth project management!