Change Order Markup Allowances Sample Clauses

Change Order Markup Allowances. For scope of work increases that result in change orders increasing the GMP, Trade Contractors, or the Construction Manager if self-performing, shall be entitled to a mark-up of no more than [ENTER PERCENTAGE] on the Cost of Work for the change. This mark-up shall include all overhead, profit, impact, lost productivity due to the change or any other costs relating to the change. The Construction Manager shall be entitled to a marked-up of no more than. [ENTER PERCENTAGE] on the Cost of Work for scope of work increases that result in change orders increasing the GMP. All lump sum Change Orders shall include any mark-up. These same mark-up percentages shall be applied to deductive change orders.
Sample 1
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Change Order Markup Allowances. For scope of work increases that result in change orders increasing the GMP, Trade Contractors shall be entitled to a mark-up of no more than Ten Percent (10%) of the Cost of Work for the change. This mark-up shall include all overhead, profit, impact, lost productivity due to the change or any other costs relating to the change. All lump sum Change Orders shall include any mark-up. These same mark-up percentages shall be applied to deductive change orders. The Construction Manager shall not be entitled to any mark-up on the Cost of Work for any self- performed increases to the scope of work either directly to the University or as a sub-contractor at any tier. The Construction Manager shall be entitled to the Construction Manager’s Overhead and Profit, as defined in Section 4.01.3 and 3.03.4.2, on any change order increasing the GMP and shall provide a corresponding reduction in the Construction Manager’s Overhead and profit for any deductive change orders.
Sample 1
Change Order Markup Allowances. For scope of work increases that result in change orders increasing the GMP, Trade Contractors shall be entitled to a xxxx-up of no more than base contract fee multiplied by of the Cost of Work for the change. This xxxx-up shall include all overhead, profit, impact, lost productivity due to the change or any other costs relating to the change. All lump sum Change Orders shall include any xxxx-up. These same xxxx-up percentages shall be applied to deductive change orders. The Construction Manager shall be entitled to a xxxx-up of no more than XXX Percent (XXX%) on the Cost of Work for any self-performed increases to the scope of work either directly to the University or as a sub- contractor at any tier. The Construction Manager shall be entitled to the Construction Manager’s Overhead and Profit, as defined in Section 4.01.3 and 3.03.4.2, on any change order increasing the GMP and shall provide a corresponding reduction in the Construction Manager’s Overhead and profit for any deductive change orders.
Sample 1

Related to Change Order Markup Allowances

  • Change Orders Any alteration or deviation from the Services mentioned or any other contractual specifications that result in a revision of this Agreement shall be executed and attached to this Agreement as a change order (“Change Order”).

  • Tool Allowances The Employer shall supply all tools and equipment required to perform the work.

  • For Lump Sum Change Order The payment and extension of time (if any) provided by this Change Order constitutes compensation in full to the Contractor and its Subcontractors and Suppliers for all costs and markups directly and indirectly attributable to the Change Order herein, for all delays related thereto and for performance of changes within the time stated.

  • Change Order Formats Formats for Lump Sum Change Orders and for Change Orders based upon either a force account or upon unit pricing with an indeterminate number of units are in Section 7, Forms.

  • Change Order (5) The Change Order is then submitted to the Project Manager who immediately processes the CO with OPC as required by Bulletin 3.5 and BGS’ Contracting Plan.

  • Unit Price Work Work to be paid for on the basis of unit prices as defined and described in the Contract Documents. A percentage markup for overhead or profit shall be included in all unit prices.

  • Shift Allowances (a) An Employee whilst on afternoon or night shift must be paid for such shift 15% more than the Employee’s ordinary rate.

  • Recovery Schedule If the initial schedule or any current updates fail to reflect the Work’s actual plan or method of operation, or a contractual milestone date is more than fifteen (15) days behind, Owner may require that a recovery schedule for completion of the remaining Work be submitted. The Recovery Schedule must be submitted within seven (7) calendar days of Owner’s request. The Recovery Schedule shall describe in detail Construction Contractor’s plan to complete the remaining Work by the required Contract milestone date. The Recovery Schedule submitted shall meet the same requirements as the original Construction Schedule. The narrative submitted with the Recovery Schedule should describe in detail all changes that have been made to meet the Contract milestone dates.

  • GMP Cost Limitation The Guaranteed Maximum Price shall not be in excess of the GMP Cost Limitation.

  • Meal Allowances Employees assigned to be in travel status between the employee's temporary or permanent work station and a field assignment shall be reimbursed for the actual cost of meals including a reasonable gratuity. Employees must meet the following conditions to be eligible for meal reimbursement:

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