Construction Labor Costs. The cost of labor for direct performance of construction Work will equal the sum of the following, plus a 35 percent xxxx-up, which shall constitute full compensation for construction labor costs: Contractor payment to the worker for: Basic hourly wage; Health and welfare; Pension; Vacation; Training; and Other applicable state and federal recognized fringe benefit payments. The labor surcharge percentage listed for the following items in the current California Department of Transportation publication that lists labor surcharge rates: Workers’ compensation insurance; Social security; Medicare; Federal unemployment insurance; State of California unemployment insurance; State of California training taxes; Subsistence and travel allowances paid to the workers; and Contractor payment to supervisors, if authorized. The 35 percent xxxx-up consists of payment for all overhead costs related to labor but not designated as costs of labor used in the direct performance of the Work, including: Home office overhead; Field office overhead; Bond costs; Profit; Labor liability insurance; and Other fixed or administrative costs that are not costs of labor used in the direct performance the Work.
Appears in 1 contract
Samples: General Provisions Agreement
Construction Labor Costs. The cost of labor for direct performance of construction Work will equal the sum of the following, plus a 35 percent xxxx-up, which shall constitute full compensation for construction labor costs: • Contractor payment to the worker for: • Basic hourly wage; • Health and welfare; • Pension; • Vacation; • Training; and • Other applicable state and federal recognized fringe benefit payments. • The labor surcharge percentage listed for the following items in the current California Department of Transportation publication that lists labor surcharge rates: • Workers’ compensation insurance; • Social security; • Medicare; • Federal unemployment insurance; • State of California unemployment insurance; • State of California training taxes; • Subsistence and travel allowances paid to the workers; and • Contractor payment to supervisors, if authorized. The 35 percent xxxx-up consists of payment for all overhead costs related to labor but not designated as costs of labor used in the direct performance of the Work, including: • Home office overhead; • Field office overhead; Bond costs• Performance security (including letters of credit); • Profit; • Labor liability insurance; and • Other fixed or administrative costs that are not costs of labor used in the direct performance the Work.
Appears in 1 contract
Samples: Track and Systems Agreement
Construction Labor Costs. The cost of labor for direct performance of construction Work will equal the sum of the following, plus a 35 percent xxxx-up, which shall constitute full compensation for construction labor costs: Contractor payment to the worker for: Basic hourly wage; %20Au Health and welfare; Pension; Vacation; Training; and Other applicable state State of California and federal recognized fringe benefit payments. payments The labor surcharge percentage listed for the following items in the current California Department of Transportation publication that lists labor surcharge and equipment rental rates: Workers’ compensation insurance; Social security; Medicare; Federal unemployment insurance; State of California unemployment insurance; State of California training taxes; Subsistence and travel allowances paid to the workers; and Contractor payment to supervisors, if authorized. The 35 percent xxxx-up consists of payment for all overhead costs related to labor but not designated as costs of labor used in the direct performance of the Work, including: Home office overhead; Field office overhead; Bond costs; Profit; Labor liability insurance; and Other fixed or administrative costs that are not costs of labor used in the direct performance the Work.
Appears in 1 contract
Samples: General Provisions Agreement
Construction Labor Costs. The cost of labor for direct performance of construction Work will equal the sum of the following, plus a 35 percent xxxx-up, which shall constitute full compensation for construction labor costs: Contractor payment to the worker for: Basic hourly wage; Health and welfare; Pension; Vacation; Training; and Other applicable state State of California and federal recognized fringe benefit payments. The labor surcharge percentage listed for the following items in the current California Department of Transportation publication that lists labor surcharge and equipment rental rates: Workers’ compensation insurance; Social security; Medicare; Federal unemployment insurance; State of California unemployment insurance; State of California training taxes; Subsistence and travel allowances paid to the workers; and Contractor payment to supervisors, if authorized. The 35 percent xxxx-up consists of payment for all overhead costs related to labor but not designated as costs of labor used in the direct performance of the Work, including: Home office overhead; Field office overhead; Bond costs; Profit; Labor liability insurance; and Other fixed or administrative costs that are not costs of labor used in the direct performance the Work.
Appears in 1 contract
Construction Labor Costs. The cost of labor for direct performance of construction Work will equal the sum of the following, plus a 35 percent xxxx-upmarkup, which shall constitute full compensation for construction labor costs: Contractor payment to the worker for: Basic hourly wage; Health and welfare; Pension; Vacation; Training; and Other applicable state State of California and federal recognized fringe benefit payments. payments The labor surcharge percentage listed for the following items in the current California Department of Transportation publication that lists labor surcharge and equipment rental rates: Workers’ compensation insurance; Social security; Medicare; Federal unemployment insurance; State of California unemployment insurance; State of California training taxes; Subsistence and travel allowances paid to the workers; and Contractor payment to supervisors, if authorized. The 35 percent xxxx-up markup consists of payment for all overhead costs related to labor but not designated as costs of labor used in the direct performance of the Workwork, including: Home office overhead; Field office overhead; Bond costs; Profit; Labor liability insurance; and Other fixed or administrative costs that are not costs of labor used in the direct performance the Workwork.
Appears in 1 contract
Samples: General Provisions Agreement