Common use of Exclusions from Cost of the Work Clause in Contracts

Exclusions from Cost of the Work. The Cost of the Work shall not include: (a) Payroll costs, salaries and other compensation of Contractor’s officers, executives, principals, general managers, project managers, engineers, accountants, purchasing and contracting agents, schedulers, expediters, clerks and other personnel except as specifically included in the job classifications referred to in Section 2.2(a), whether stationed at Contractor’s principal office or offices or the Site office. (b) Expenses of Contractor’s principal office and branch offices, including the Site office. (c) Overhead, general and administrative expenses. (d) Contractor’s capital expenses, including interest on Contractor’s capital employed for the Work. (e) Rental costs of machinery, equipment, and tools not required to specifically perform the Construction Work. (f) Costs incurred as a result of the replacement of Contractor’s Representative. (g) Certain premiums for the insurance not required by Article 18 of this Agreement. (h) Any cost or expense not specifically and expressly described in Section 2.2, unless approved in advance in writing by Owner.

Exclusions from Cost of the Work. The Cost of the Work shall not include: (a) Payroll costs, salaries and other compensation of Contractor’s officers, executives, principals, general managers, project managers, engineers, accountants, purchasing and contracting agents, schedulers, expediters, clerks and other personnel except as specifically included in the job classifications referred to in Section 2.2(a), whether stationed at Contractor’s principal office or offices or the Site office. (b) Expenses of Contractor’s principal office and branch offices, including the Site office. (c) Overhead, general and administrative expenses. (d) Contractor’s capital expenses, including interest on Contractor’s capital employed for the Work. (e) Rental costs of machinery, equipment, and tools not required to specifically perform the Construction Work. (f) Costs incurred as a result of the replacement of Contractor’s Representativerepresentative. (g) Certain premiums for the insurance not required by Article 18 of this Agreementagreement. (h) Any cost or expense not specifically and expressly described in Section 2.2, unless approved in advance in writing by Owner.

Exclusions from Cost of the Work. The Cost of the Work shall not include: (a) Payroll costs, salaries and other compensation of Contractor’s officers, executives, principals, general managers, project managers, engineers, accountants, purchasing and contracting agents, schedulers, expediters, clerks and other personnel except as specifically included in the job classifications referred to in Section 2.2(a), whether stationed at Contractor’s principal office or offices or the Site office. (b) Expenses of Contractor’s principal office and branch offices, including the Site office. (c) Overhead, general and administrative expenses. (d) Contractor’s capital expenses, including interest on Contractor’s capital employed for the Work. (e) Rental costs of machinery, equipment, and tools not required to specifically perform the Construction Work. (f) Costs incurred as a result of the replacement of Contractor’s Representative. (g) Certain premiums Premiums for the insurance not required by Article 18 of this Agreement. (h) Any cost or expense not specifically and expressly described in Section 2.2, unless approved in advance in writing by Owner.