2005-090 - Laserfiche WebLink

Home Browse Search

expressage, and similar petty cash items in connection NEER an itemized cost breakdown together with supporting with the Work. data. I . When the Cost of the Work is used to 11 . 02 Cash Allowances{tc 0 "11 . 02 Cash determine the value of a Change Order or of a Claim , Allowances ' the cost of premiums for additional Bonds and insurance required because of the changes in the Work A. It is understood that CONTRACTOR has included in or caused by the event giving rise to the Claim. the Contract Price all allowances so named in the Contract Documents and shall cause the Work so covered to be j . When all the Work is performed on the basis of performed for such sums as may be acceptable to OWNER and cost-plus , the costs of premiums for all Bonds and ENGINEER. CONTRACTOR agrees that: insurance CONTRACTOR is required by the Contract Documents to purchase and maintain. 1 . the allowances include the cost to CONTRAC- TOR (less any applicable trade discounts ) of materials B. Costs Excluded: The term Cost of the Work shall not and equipment required by the allowances to be include any of the following items: delivered at the Site, and all applicable taxes; and 1 . Payroll costs and other compensation of 2. CONTRACTOR's costs for unloading and CONTRACTOR's officers , executives , principals (of handling on the Site, labor, installation costs , overhead , partnerships and sole proprietorships), general manag- profit, and other expenses contemplated for the allow- ers , engineers , architects , estimators , attorneys, audi- ances have been included in the Contract Price and not tors, accountants, purchasing and contracting agents , in the allowances , and no demand for additional expediters, timekeepers , clerks , and other personnel payment on account of any of the foregoing will be valid . employed by CONTRACTOR, whether at the Site or in CONTRACTOR's principal or branch office for general B . Prior to final payment, an appropriate Change Order administration of the Work and not specifically included will be issued as recommended by ENGINEER to reflect actual in the agreed upon schedule of job classifications amounts due CONTRACTOR on account of Work covered by referred to in paragraph 11 . 01 .A. 1 or specifically allowances, and the Contract Price shall be correspondingly covered by paragraph 11 . 01 .A.4, all of which are to be adjusted . considered administrative costs covered by the CONTRACTOR's fee. 11 . 03 Unit Price Work{tc In "11 . 03Unit Price Work 's 2. Expenses of CONTRACTOR's principal and A. Where the Contract Documents provide that all or part branch offices other than CONTRACTOR's office at the of the Work is to be Unit Price Work, initially the Contract Price Nair* Site. will be deemed to include for all Unit Price Work an amount equal to the sum of the unit price for each separately identified 3.Any part of CONTRACTOR's capital expenses, item of Unit Price Work times the estimated quantity of each including interest on CONTRACTOR's capital employed item as indicated in the Agreement. The estimated quantities of for the Work and charges against CONTRACTOR for items of Unit Price Work are not guaranteed and are solely for delinquent payments. the purpose of comparison of Bids and determining an initial Contract Price. Determinations of the actual quantities and 4. Costs due to the negligence of CONTRACTOR, classifications of Unit Price Work performed by CONTRACTOR any Subcontractor, or anyone directly or indirectly will be made by ENGINEER subject to the provisions of employed by any of them or for whose acts any of them paragraph 9.08. may be liable, including but not limited to, the correction of defective Work, disposal of materials or equipment B . Each unit price will be deemed to include an amount wrongly supplied , and making good any damage to considered by CONTRACTOR to be adequate to cover property. CONTRACTOR's overhead and profit for each separately identified item. 5. Other overhead or general expense costs of any kind and the costs of any item not specifically and C. OWNER or CONTRACTOR may make a Claim for an expressly included in paragraphs 11 . 01 .A and 11 . 01 . 6 , adjustment in the Contract Price in accordance with paragraph 10. 05 if. C. CONTRACTOR's Fee: When all the Work Is performed on the basis of cost-plus, CONTRACTOR's fee shall 1 . the quantity of any item of Unit Price Work be determined as set forth in the Agreement. When the value of performed by CONTRACTOR differs materially and any Work covered by a Change Order or when a Claim for an significantly from the estimated quantity of such item adjustment in Contract Price is determined on the basis of Cost indicated in the Agreement; and of the Work, CONTRACTOR's fee shall be determined as set forth in paragraph 12.01 . C . 2. there is no corresponding adjustment with respect any other item of Work; and D . Documentation: Whenever the Cost of the Work for any purpose is to be determined pursuant to paragraphs 3 . if CONTRACTOR believes that CONTRACTOR 11 . 01 .A and 11 . 01 , 6, CONTRACTOR will establish and is entitled to an increase in Contract Price as a result of maintain records thereof in accordance with generally accepted having incurred additional expense or OWNER believes r`' accounting practices and submit in a form acceptable to ENGI- that OWNER is entitled to a decrease in Contract Price 00700 - 27