What should a contractor include when presenting a proposed Change Order?

When presenting a proposed Change Order, it is crucial for the contractor to include clear impacts on schedule and costs. This information helps the client understand how the proposed changes will affect the overall project timeline and budget. By providing this clarity, the contractor ensures that the client can make informed decisions regarding the proposed changes.

Detailed information about the impacts on schedule allows for adjustments in planning and resource allocation, while cost implications are essential for budgeting and financial planning. This transparency fosters trust and collaboration between the contractor and the client, leading to smoother project management and reducing potential disputes.

Including new contractual terms and conditions, analyzing inherent risks, or referencing previous contracts could be useful in different contexts, but these aspects do not directly address the immediate need to assess how changes will affect the project's progress and finances, which is of utmost importance in the Change Order process.