Compensation for Delay. XXXX shall be compensated for its substantiated actual, direct expenses, together with the markup for overhead and profit described in “Overhead and Profit” above, resulting from delay for which Owner is responsible. Under no circumstances shall Owner compensate XXXX for extended home office overhead or profit based on an “Eichleay formula” or any other proportionate allocation of XXXX’x overhead expenses or profit, all of which shall be deemed to have already been included in the above-described markup.
Appears in 5 contracts
Samples: Model Contract, Construction Manager at Risk Construction Contract, Risk Construction Agreement
