Increase in Cost of Work. If the Cost of the Work is increased by change order, the Owner shall pay the Construction Manager the aggregate net cost directly paid by the Construction Manager to subcontractors or suppliers for the performance of the Work and the Construction Manager shall receive Overhead and Profit on such amount, as a percentage as set forth in Exhibit E, and an amount for any increased bond and insurance costs associated therewith.
Increase in Cost of Work. 12.2.1.1 If the cost is increased by Change Order, the Owner shall pay the Construction Contractor the aggregate net cost directly paid by the Construction Contractor to subcontractors or suppliers for the performance of the Work. Such costs shall be charged at the lowest price available to the Construction Contractor but in no event shall such costs exceed competitive costs available from other subcontractors, suppliers, manufacturers and distributors in the area of the Project site. Full documentation of all Costs shall be included in the itemized cost estimate, including labor by hours and rate, materials, supplies, taxes and insurance, plus any other documentation required to allow the Owner to properly evaluate the cost estimate. Insurance Costs). The Change Order Fee shall be computed as follows: Order Fee shall be a fixed percentage based on the Cost of the Work (excluding Bonds and to be paid to Construction Contractor and Subcontractors or Sub-Subcontractors. The Change both direct and indirect, including without limitation all overhead, profit and general conditions, Change Order Fee shall mean the full amount of compensation,
