Common use of By division of work Clause in Contracts

By division of work. 10.2.1.3. The schedule of values shall not provide for values any greater than the following percentages of the Guaranteed Project Cost: 10.2.1.3.1. Mobilization and layout combined to equal not more than 1%; 10.2.1.3.2. Submittals, samples and shop drawings combined to equal not more than 2%, 10.2.1.3.3. Bonds and insurance combined to equal not more than 3%. 10.2.1.3.4. Punch list and acceptance value shall not be no less than 1%. 10.2.1.3.5. No Schedule of Value (except noted above) shall be greater than 1%. 10.2.1.4. Closeout Documentation shall have a value in the schedule of values of not less than 2%. 10.2.1.5. The Schedule Of Values shall not be modified or amended by the Developer without the prior consent and approval of the District, which may be granted or withheld in the sole discretion of the District.

By division of work. 10.2.1.3. The schedule of values shall not provide for values any greater than the following percentages of the Guaranteed Project Cost: 10.2.1.3.1. Mobilization and layout combined to equal not more than 1%; 10.2.1.3.2. Submittals, samples and shop drawings combined to equal not more than 2%, 10.2.1.3.3. Bonds and insurance combined to equal not more than 3%. 10.2.1.3.4. Punch list Punchlist and acceptance value shall not be no less than 1%. 10.2.1.3.5. No Schedule of Value (except noted above) shall be greater than 1%. 10.2.1.4. Closeout Documentation shall have a value in the schedule of values of not less than 2%. 10.2.1.5. The Schedule Of Values shall not be modified or amended by the Developer without the prior consent and approval of the District, which may be granted or withheld in the sole discretion of the District.