Common use of Contractor’s Markup on Subcontractor’ Work Clause in Contracts

Contractor’s Markup on Subcontractor’ Work. The Contractor's management markup on the subcontractor's net additional allowable expenditures shall be seven and one half percent. The Contractor shall not be permitted the overhead and profit markup on Time Dependent Overhead Costs, but shall be permitted a management markup of five percent on Time Dependent Overhead Costs.

Contractor’s Markup on Subcontractor’ Work. The Contractor's management markup on the subcontractor's net additional allowable expenditures shall be seven and one seven-and-one-half percent. The Contractor shall not be permitted the overhead and profit markup on Time Dependent Overhead Costs, Costs but shall be permitted a management markup of five percent on Time Dependent Overhead Costs.