Common use of Costs of the Work Clause in Contracts

Costs of the Work. (a) The costs for Adjustment of each Owner Utility shall be derived from (i) the accumulated total of costs incurred by the Developer for design and construction of such Adjustment (“direct costs”), plus (ii) the Owner’s costs directly and necessarily incurred in connection with the Adjustment (“indirect costs”), including without limitation the engineering costs incurred by the Owner for design or design review prior to execution of this Agreement (to the extent permitted pursuant to Paragraph 6(c)), plus (iii) the Owner’s right-of-way acquisition costs, if any, which are reimbursable pursuant to Paragraph 16. The Owner’s indirect costs are estimated below [insert below a list of estimated Owner indirect costs, or refer to an attached exhibit]: (b) The Owner’s indirect costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]: (1) Actual related indirect costs accumulated in accordance with a work or accounting procedure prescribed by the applicable Federal or State regulatory body; or (2) Actual related indirect costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations; or (3) The agreed sum of $ , as supported by the analysis of estimated costs included in Paragraph 6(a). (c) Eligible Owner indirect costs shall include only those authorized under 23 C.F.R. Part 645, Subpart A. The Owner agrees that costs referenced in 23 C.F.R. Section 645.117(d)(2) are not eligible for reimbursement. These regulations can be found at: xxxx://xxxxxxx.xxxxxx.xxx.xxx/cfr_2008/aprqtr/23cfr645.117.htm .

Appears in 3 contracts

Samples: Master Utility Adjustment Agreement, Master Utility Adjustment Agreement, Master Utility Adjustment Agreement

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Costs of the Work. (a) The Owner’s costs for Adjustment of each the Owner Utility Utilities shall be derived from (i) the accumulated total of costs incurred by the Developer Owner for design and construction of such Adjustment (“direct costs”)Adjustment, plus (ii) the Owner’s other related costs directly and necessarily incurred in connection with to the Adjustment extent permitted pursuant to Paragraph 6(c) (“indirect costs”), including without limitation the eligible engineering costs incurred by the Owner for design or design review prior to execution of this Agreement (to the extent permitted pursuant to Paragraph 6(c)Agreement), plus (iii) the Owner’s right-of-right of way acquisition costs, if any, which are reimbursable pursuant to Paragraph 16. The Owner’s indirect costs are estimated below [insert below a list of estimated Owner indirect costs, or refer to an attached exhibit]:. (b) The Owner’s indirect costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]: (1) Actual related indirect costs accumulated in accordance with a work or order accounting procedure prescribed by the applicable Federal or State regulatory body; or (2) Actual related indirect costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations; or (3) The agreed sum of $ , as supported by the analysis of estimated costs included in Paragraph 6(a).attached hereto as part of Exhibit A. (c) Eligible Owner indirect costs shall include only those authorized under 23 C.F.R. Part 645, Subpart A. The Owner agrees that costs referenced in 23 C.F.R. Section 645.117(d)(2) are not eligible for reimbursement. These regulations can be found at: xxxx://xxxxxxx.xxxxxx.xxx.xxx/cfr_2008/aprqtr/23cfr645.117.htm xxxx://xxx.xxxxxx.xxx.xxx/nara/cfr/waisidx_03/23cfr645_03.html.

Appears in 2 contracts

Samples: Master Utility Adjustment Agreement, Master Utility Adjustment Agreement

Costs of the Work. (a) The Owner’s costs for Adjustment of each Owner Utility shall be derived from (i) the accumulated total of costs incurred by the Developer Owner for design and construction of such Adjustment (“direct costs”)Adjustment, plus (ii) the Owner’s other costs directly and necessarily incurred in connection with the Adjustment to the extent permitted pursuant to Paragraph 6(c) (“indirect costs”), including without limitation the eligible engineering costs incurred by the Owner for design or design review prior to execution of this Agreement (to the extent permitted pursuant to Paragraph 6(c)Agreement), plus (iii) the Owner’s right-of-right of way acquisition costs, if any, which are reimbursable pursuant to Paragraph 16. The Owner’s indirect costs are estimated below [insert below a list of estimated Owner indirect costs, or refer to an attached exhibit]:. (b) The Owner’s indirect costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]: (1) Actual related indirect costs accumulated in accordance with a work or accounting procedure prescribed by the applicable Federal or State regulatory body; ororder accounting (2) Actual related indirect costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations; or (3) The agreed sum of $ , as supported by the analysis of estimated costs included in Paragraph 6(a).attached hereto as part of Exhibit A. (c) Eligible Owner indirect costs shall include only those authorized under 23 C.F.R. Part 645, Subpart A. The Owner agrees that costs referenced in 23 C.F.R. Section 645.117(d)(2) are not eligible for reimbursement. These regulations can be found at: xxxx://xxxxxxx.xxxxxx.xxx.xxx/cfr_2008/aprqtr/23cfr645.117.htm .

Appears in 2 contracts

Samples: Master Utility Adjustment Agreement, Master Utility Adjustment Agreement

Costs of the Work. (a) The costs for Adjustment of each the Owner Utility Utilities shall be derived from (i) the accumulated total of costs incurred by the Developer for design and construction of such Adjustment (“direct costs”), plus (ii) the Owner’s related costs directly and necessarily incurred in connection with the Adjustment (“indirect costs”), including without limitation the engineering costs incurred by the Owner for design or design review prior to execution of this Agreement (to the extent permitted pursuant to Paragraph 6(c)), plus plus (iii) the Owner’s right-of-way acquisition costs, if any, which are reimbursable pursuant to Paragraph 16. The Owner’s indirect costs are estimated below [insert below a list of estimated Owner indirect costs, or refer to an attached exhibit]: (b) The Owner’s indirect costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]: (1) Actual related indirect costs accumulated in accordance with a work or accounting procedure prescribed by the applicable Federal or State regulatory body; or (2) Actual related indirect costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations; or (3) The agreed sum of $ $_____, as supported by the analysis of estimated costs included in Paragraph 6(a). (c) Eligible Owner indirect costs shall include only those authorized under 23 C.F.R. Part 645, Subpart A. The Owner agrees that costs referenced in 23 C.F.R. Section 645.117(d)(2) are not eligible for reimbursement. These regulations can be found at: xxxx://xxxxxxx.xxxxxx.xxx.xxx/cfr_2008/aprqtr/23cfr645.117.htm xxxx://xxx.xxxxxx.xxx.xxx/nara/ctr/waisidx_03/23cfr645_03.html.

Appears in 1 contract

Samples: Master Utility Adjustment Agreement

Costs of the Work. (a) The Owner’s costs for Adjustment of each the Owner Utility Utilities shall be derived from (i) the accumulated total of costs incurred by the Developer Owner for design and construction of such Adjustment (“direct costs”)Adjustment, plus (ii) the Owner’s other related costs directly and necessarily incurred in connection with to the Adjustment extent permitted pursuant to Paragraph 6(c) (“indirect costs”), including without limitation the eligible engineering costs incurred by the Owner for design or design review prior to execution of this Agreement (to the extent permitted pursuant to Paragraph 6(c)Agreement), plus (iii) the Owner’s right-of-right of way acquisition costs, if any, which are reimbursable pursuant to Paragraph 16. The Owner’s indirect costs are estimated below [insert below a list of estimated Owner indirect costs, or refer to an attached exhibit]:. (b) The Owner’s indirect costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]: (1) Actual related indirect costs accumulated in accordance with a work or order accounting procedure prescribed by the applicable Federal or State regulatory body; or (2) Actual related indirect costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations; or (3) The agreed sum of $ $__________, as supported by the analysis of estimated costs included in Paragraph 6(a).attached hereto as part of Exhibit A. (c) Eligible Owner indirect costs shall include only those authorized under 23 C.F.R. Part 645, Subpart A. The Owner agrees that costs referenced in 23 C.F.R. Section 645.117(d)(2645.1 17(d)(2) are not eligible for reimbursement. These regulations can be found at: xxxx://xxxxxxx.xxxxxx.xxx.xxx/cfr_2008/aprqtr/23cfr645.117.htm xxxx://xxx.xxxxxx.xxx.xxx/nara/cfr/waisidx 03/23cfr645 03.html.

Appears in 1 contract

Samples: Master Utility Adjustment Agreement

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Costs of the Work. (a) The Owner’s costs for Adjustment of each Owner Utility shall be derived from (i) the accumulated total of costs incurred by the Developer Owner for design and construction of such Adjustment (“direct costs”)Adjustment, plus (ii) the Owner’s other costs directly and necessarily incurred in connection with the Adjustment to the extent permitted pursuant to Paragraph 5(c) (“indirect costs”), including without limitation the eligible engineering costs incurred by the Owner for design or design review prior to execution of this Agreement (to the extent permitted pursuant to Paragraph 6(c)Agreement), plus (iii) the Owner’s right-of-right of way acquisition costs, if any, which any are reimbursable pursuant to Paragraph 16. The Owner’s indirect costs are estimated below [insert below a list of estimated Owner indirect costs, or refer to an attached exhibit]:. (b) The Owner’s indirect costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]: (1) Actual related indirect costs accumulated in accordance with a work or order accounting procedure prescribed by the applicable Federal or State regulatory bodybody ("Actual Cost"); or (2) Actual related indirect costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operationsoperations ("Actual Cost"); or (3) The agreed sum of $ (“Agreed Sum”), as supported by the analysis of estimated costs included in Paragraph 6(a).attached hereto as part of Exhibit A. (c) Eligible Owner indirect costs shall include only those authorized under 23 C.F.R. Part 645, Subpart A. The Owner agrees that costs referenced in 23 C.F.R. Section 645.117(d)(2) are not eligible for reimbursement. These regulations can be found at: xxxx://xxxxxxx.xxxxxx.xxx.xxx/cfr_2008/aprqtr/23cfr645.117.htm xxxx://xxx.xxxxxx.xxxxxx/xxxx/xxx/xxxxxxx_00/00xxx000_00.xxxx.

Appears in 1 contract

Samples: Master Utility Adjustment Agreement

Costs of the Work. (a) The costs for Adjustment of each the Owner Utility Utilities shall be derived from (i) the accumulated total of costs incurred by the Developer for design and construction of such Adjustment (“direct costs”), plus (ii) the Owner’s related costs directly and necessarily incurred in connection with the Adjustment (“indirect costs”), including without limitation the engineering costs incurred by the Owner for design or design review prior to execution of this Agreement (to the extent permitted pursuant to Paragraph 6(c)), plus plus (iii) the Owner’s right-of-way acquisition costs, if any, which are reimbursable pursuant to Paragraph 16. The Owner’s indirect costs are estimated below [insert below a list of estimated Owner indirect costs, or refer to an attached exhibit]: (b) The Owner’s indirect costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]: (1) Actual related indirect costs accumulated in accordance with a work or order accounting procedure prescribed by the applicable Federal or State regulatory body; or (2) Actual related indirect costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations; or (3) The agreed sum of $ , as supported by the analysis of estimated costs included in Paragraph 6(a). (c) Eligible Owner indirect costs shall include only those authorized under 23 C.F.R. Part 645, Subpart A. The Owner agrees that costs referenced in 23 C.F.R. Section 645.117(d)(2) are not eligible for reimbursement. These regulations can be found at: xxxx://xxxxxxx.xxxxxx.xxx.xxx/cfr_2008/aprqtr/23cfr645.117.htm xxxx://xxx.xxxxxx.xxx.xxx/nara/ctr/waisidx_03/23cfr645_03.html.

Appears in 1 contract

Samples: Master Utility Adjustment Agreement

Costs of the Work. (a) The Owner’s costs for Adjustment of each Owner Utility shall be derived from (i) the accumulated total of costs incurred by the Developer Owner for design and construction of such Adjustment (“direct costs”)Adjustment, plus (ii) the Owner’s other costs directly and necessarily incurred in connection with the Adjustment to the extent permitted pursuant to Paragraph 6(c) (“indirect costs”), including without limitation the eligible engineering costs incurred by the Owner for design or design review prior to execution of this Agreement (to the extent permitted pursuant to Paragraph 6(c)Agreement), plus (iii) the Owner’s right-of-right of way acquisition costs, if any, which are reimbursable pursuant to Paragraph 16. The Owner’s indirect costs are estimated below [insert below a list of estimated Owner indirect costs, or refer to an attached exhibit]:. (b) The Owner’s indirect costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]: (1) Actual related indirect costs accumulated in accordance with a work or accounting procedure prescribed by the applicable Federal or State regulatory body; ororder accounting (2) Actual related indirect costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations; or (3) The agreed sum of $ , as supported by the analysis of estimated costs included in Paragraph 6(a).attached hereto as part of Exhibit A. (c) Eligible Owner indirect costs shall include only those authorized under 23 C.F.R. Part 645, Subpart Subpart A. The Owner agrees that costs referenced in 23 C.F.R. Section 645.117(d)(2) are not eligible for reimbursement. These regulations can be found at: xxxx://xxxxxxx.xxxxxx.xxx.xxx/cfr_2008/aprqtr/23cfr645.117.htm .

Appears in 1 contract

Samples: Master Utility Adjustment Agreement

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