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Generally, there are four types of change orders. These are Time and Material, Lump Sum, Zero Cost, and Unitary Cost change orders. A lump sum change order is used when the defined change in the work scope is quantifiable, and a definite price developed.
What Is Included in a Change Order? A description of the requested change and a comparison to what the original agreement contains. ... An itemized summary of all contractor and, if required, subcontractor costs resulting from the change. A tally of the total cost of the change.
Change orders typically consist of three parts: the project information, the changes to the contract, and the change in cost and time for performance.
6 things every change order should include Project and contact information. The change order form should include: ... Dates of the change. The change order form should include the date that you complete the change order. ... Details of the work. ... Updated schedule. ... Cost of the change. ... Updated contract value.
Classic examples of change orders include the owner's desire to move the location of a wall to accommodate some other design element, adding a window where there was none in the original plans, or changing the finish of the floors from tile to terrazzo.