18. Modifications
Principle Government may initiate Modifications to the works, facility and the project activities at any time during the Contract Term. The cost of government-initiated Modifications will be borne by government after taking into account any cost savings from the Modification. The private party may initiate Modifications to the works, facility or the project activities at any time during the Contract Term. Government will have complete discretion as to whether and on what basis it accepts a Modification initiated by the private party. If accepted, the Modification will be funded by the private party. Where Modifications result in net savings due to overall improvements, innovations, time or cost savings, those net savings will be shared with government. |