Common use of Contractor’s Direct Construction Cost Clause in Contracts

Contractor’s Direct Construction Cost. Contractor's Direct Construction Cost, as generally described on Exhibit 1-E and, subsequently on Exhibit 1-R, attached hereto, to be 100% performed by subcontractors selected in accordance with Exhibit A. Where the Work is covered by unit prices contained in the Contract Documents or an applicable subcontract, the Cost of the Work shall be determined by application of unit prices to the quantities of items involved. If the subcontract provides that the subcontractor is to be paid on the basis of Cost of the Work plus a fee, the subcontractor’s Cost of the Work shall be determined in the same manner as Contractor’s Cost of the Work.

Appears in 4 contracts

Samples: Construction Agreement, Construction Agreement, Construction Agreement

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