Credit for Deleted Work Sample Clauses

Credit for Deleted Work. For proposed change orders which involve both added and deleted Work, the Contractor shall separately estimate the cost of the added Work before xxxx-ups, and separately estimate the cost of the deleted Work before allowance of a credit. If the difference between the costs results in an increase to the Contract Sum, the xxxx-up for added Work shall be applied to the difference, and if the difference in the costs results in a decrease, then the xxxx-up for deleted Work shall be applied to the difference.
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Credit for Deleted Work. The amount to be deducted from the Contract Sum shall be the total estimated actual cost of the deducted Work plus eight percent (8%). Where an entire item or section of Work is deleted from the Contract, the entire subcontract cost or bid cost shall be considered the appropriate deduction less the value of Work performed. If the subcontract cost or bid cost is not identifiable, then estimates of the amount to be deducted from the Contract Sum shall be the gross cost of the deducted work plus six percent (6%) for saved overhead, bonds, insurance, and taxes. For proposed change orders which involve both added and deleted Work, the Contractor shall separately estimate the cost of the added Work before xxxx-ups, and separately estimate the cost of the deleted Work before allowance of a credit. If the difference between the costs results in an increase to the Contract Sum, the xxxx-up for added Work shall be applied to the difference, and if the difference in the costs results in a decrease, then the xxxx-up for deleted Work shall be applied to the difference.

Related to Credit for Deleted Work

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