Common use of Cost of Work Clause in Contracts

Cost of Work. The term "Cost of Work,” or "Direct Cost.” for the purpose of Change Orders, means the costs necessarily incurred and paid by the Contractor in the proper performance of the Change Order Work. Except as may be agreed to in writing by the Owner, such costs shall be in amounts no higher than those prevailing in the area of the project and may include the following categories: • Labor (payroll, taxes, fringe benefits, workers' compensation, health and retirement benefits, sick leave) • Owned equipment (at lowest applicable equipment manual rate) • Rented equipment (at actual rental rate) • Materials • Supplies • Subcontractor's costs • Bonds and insurance The Contractor shall require all Subcontractors and suppliers to comply with all requirements of, and provide itemizations of all claims in accordance with this Article.

Cost of Work. The term "Cost of Work,” or "Direct Cost.” for the purpose of Change Orders, means the costs necessarily incurred and paid by the Contractor in the proper performance of the Change Order Work. Except as may be agreed to in writing by the Owner, such costs shall be in amounts no higher than those prevailing in the area of the project and may include the following categories: •  Labor (payroll, taxes, fringe benefits, workers' compensation, health and retirement benefits, sick leave) •  Owned equipment (at lowest applicable equipment manual rate) •  Rented equipment (at actual rental rate) •  Materials •  Supplies •  Subcontractor's costs •  Bonds and insurance The Contractor shall require all Subcontractors and suppliers to comply with all requirements of, and provide itemizations of all claims in accordance with this Article.

Cost of Work. The term "Cost of Work,” or "Direct Cost.” for the purpose of Change Orders, means the costs necessarily incurred and paid by the Contractor in the proper performance of the Change Order Work. Except as may be agreed to in writing by the Owner, such costs shall be in amounts no higher than those prevailing in the area of the project and may include the following categories: • Labor (payroll, taxes, fringe benefits, workers' compensation, health and retirement benefits, sick leave) • Owned equipment (at lowest applicable equipment manual rate) • Rented equipment (at actual rental rate) • Materials • Supplies • Subcontractor's costs • Bonds and insurance The Contractor shall require all Subcontractors and suppliers to comply with all requirements of, of and provide itemizations of all claims in accordance with this Article.