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Bonds and insurance CONTRACTOR is D. Documentation: Whenever the Cost of the required by the Contract Documents to Work for any purpose is to be determined pursuant to purchase and maintain. paragraphs 11.01.A and 11.01.13, CONTRACTOR will establish and maintain records thereof in accordance B. Costs Excluded: The term Cost of the Work with generally accepted accounting practices and shall not include any of the following items: submit in a form acceptable to ENGINEER an itemized cost breakdown together with supporting 1. Payroll costs and other compensation data. of CONTRACTOR's officers, executives, princi- pals (of partnerships and sole proprietorships), 11.02 Cash Allowances general managers, engineers, architects, estimators, attorneys, auditors, accountants, A. It is understood that CONTRACTOR has in- purchasing and contracting agents, expediters, cluded in the Contract Price all allowances so named timekeepers, clerks, and other personnel in the Contract Documents and shall cause the Work employed by CONTRACTOR, whether at the so covered to be performed for such sums as may be Site or in CONTRACTOR's principal or branch acceptable to OWNER and ENGINEER. office for general administration of the Work CONTRACTOR agrees that: and not specifically included in the agreed upon schedule of job classifications referred to in 1. the allowances include the cost to paragraph 11.01.A.1 or specifically covered by CONTRACTOR (less any applicable trade paragraph 11.01.AA, all of which are to be discounts) of materials and equipment required considered administrative costs covered by the by the allowances to be delivered at the Site, CONTRACTOR's fee. and all applicable taxes; and 2. Expenses of CONTRACTOR's princi- 2. CONTRACTOR's costs for unloading pal and branch offices other than and handling on the Site, labor, installation CONTRACTOR's office at the Site. costs, overhead, profit, and other expenses contemplated for the allowances have been 3. Any part of CONTRACTOR's capital included in the Contract Price and not in the expenses, including interest on allowances, and no demand for additional CONTRACTOR's capital employed for the payment on account of any of the foregoing will Work and charges against CONTRACTOR for be valid. delinquent payments. B. Prior to final payment, an appropriate Change 4. Costs due to the negligence of CON- Order will be issued as recommended by ENGINEER TRACTOR, any Subcontractor, or anyone to reflect actual amounts due CONTRACTOR on directly or indirectly employed by any of them or account of Work covered by allowances, and the Con- for whose acts any of them may be liable, tract Price shall be correspondingly adjusted. including but not limited to, the correction of defective Work, disposal of materials or 11.03 Unit Price Work equipment wrongly supplied, and making good any damage to property. A. Where the Contract Documents provide that all or part of the Work is to be Unit Price Work, initially 5. Other overhead or general expense the Contract Price will be deemed to include for all costs of any kind and the costs of any item not Unit Price Work an amount equal to the sum of the specifically and expressly included in unit price for each separately identified item of Unit paragraphs 11.01.A and 11.01.B. Price Work times the estimated quantity of each item as indicated in the Agreement. The estimated C. CONTRACTOR's Fee: When all the Work is quantities of items of Unit Price Work are not guaran- performed on the basis of cost-plus, CONTRACTOR's teed and are solely for the purpose of comparison of fee shall be determined as set forth in the Agreement. Bids and determining an initial Contract Price. Deter- When the value of any Work covered by a Change minations of the actual quantities and classifications of Order or when a Claim for an adjustment in Contract Unit Price Work performed by CONTRACTOR will be Price is determined on the basis of Cost of the Work, made by ENGINEER subject to the provisions of CONTRACTOR's fee shall be determined as set forth paragraph 9.08. in paragraph 12.01.C. B. Each unit price will be deemed to include an amount considered by CONTRACTOR to be ade- 00700-General Conditions REV 04-07.doc 00700-33 FAPublic WorWENGINEERING DIVISION PROJECTS\1306 Oslo Road(E of 15th Ave SW)Pipe Culvert Improvement\Admim\bid documents\00700-General Conditions REV 04-07.doc