Clark Nevada Clause is a contractual provision that outlines the standard measuring method to be employed for remeasurement in construction contracts. It is a vital clause that ensures accuracy and consistency when determining the quantities of work completed and the corresponding payments. The Clark Nevada Clause serves as a benchmark for fair remeasurement practices within the construction industry. The standard measuring method specified in the Clark Nevada Clause is used to calculate and validate the quantities of various construction activities performed during a project. This method provides a consistent framework for measuring and valuing the completed work, ensuring transparency and fairness in the remeasurement process. There are different types of Clark Nevada Clauses used in construction contracts, each tailored to specific project requirements and industry standards. Here are a few examples: 1. Clark Nevada Clause based on Unit Price: This type of clause specifies a unit-based measuring and valuation method. It defines the units of measure for different construction activities, such as linear feet, square footage, cubic yards, etc. The contractor is then paid based on the quantity of work completed multiplied by the agreed-upon unit price. 2. Clark Nevada Clause based on Bill of Quantities (BOX): In this case, the clause references a comprehensive bill of quantities, which itemizes the expected quantities of each construction activity. The contractor is remeasured and paid based on the actual quantities of work performed, as compared to the quantities specified in the BOX. 3. Clark Nevada Clause incorporating Industry Standards: Some contracts may adopt standardized measuring methods established by industry associations or related governing bodies. These clauses reference these standards, ensuring conformity and alignment with widely accepted practices in the construction field. Regardless of the specific type of Clark Nevada Clause, it is crucial for both parties involved in the contract to have a clear understanding of the measuring method and its application. This clarity helps to avoid disputes and ensures a smooth remeasurement process during the construction project. Contractors should carefully review and follow the guidelines set forth in the Clark Nevada Clause to accurately measure and value their completed work, leading to fair compensation for their efforts.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.