(a) (Project Co may propose a Modification): Project Co may request the State to direct a Modification by submitting a Change Notice to the State entitled "Project Co Modification Proposal" in accordance with the Change Compensation Principles (Project Co Modification Proposal).
(b) (State may approve or reject): Upon receipt of a Project Co Modification Proposal, the State may, but is under no obligation to, issue a Modification Order requiring Project Co to proceed with the Modification proposed by Project Co under clause 35.12(a).
(c) (Project Co to bear risks and costs): Unless otherwise agreed in writing by the State, Project Co will:
(i) bear all risks and costs associated with a Modification proposed by Project Co; and
(ii) not be entitled to make any Claim against the State in any way in connection with, a Modification proposed by Project Co,
including if the State issues a Modification Order requiring Project Co to implement the Modification in accordance with the Project Co Modification Proposal.
(d) (Sharing of Savings): If the State issues a Modification Order requiring Project Co to proceed with the Modification proposed by Project Co under clause 35.12(a) and the Modification will give rise to any Savings, this will be a Change Compensation Event and the State will be entitled to a share of the Savings (determined in accordance with the Change Compensation Principles) in a percentage of the amount calculated as set out in Item 12 of Table 1 of the Change Compensation Principles, which will be calculated and determined in accordance with the Change Compensation Principles.