Common use of Increase in Cost of Work Clause in Contracts

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.

Appears in 9 contracts

Samples: Agreement for Construction Management Services, Agreement for Construction Management Services, Agreement for Construction Management Services

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Increase in Cost of Work. If the Cost of the Work is increased by change order, the Owner shall pay the Construction Manager Design/Builder the aggregate net cost directly paid by the Construction Manager Design/Builder to subcontractors or suppliers for the performance of the Work and the Construction Manager Design/Builder 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.

Appears in 5 contracts

Samples: With Guaranteed Maximum Price, facilities.ufl.edu, facilities.ufl.edu

Increase in Cost of Work. If the Cost of the Work is increased by change orderChange 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 Fee per the percentage as set forth in Exhibit Ethe GMP Amendment, and an amount for any increased bond and insurance costs directly associated therewith.

Appears in 2 contracts

Samples: Agreement for Construction Management Services, Agreement for Construction Management Services

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 on Exhibit E, and an amount for any increased bond and insurance costs associated therewith.

Appears in 1 contract

Samples: Agreement for Construction Management Services

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Increase in Cost of Work. If the Cost of the Work is increased by change order, the Owner shall pay the Construction Manager Design/Builder the aggregate net cost directly paid by the Construction Manager Design/Builder to subcontractors or suppliers for the performance of the Work and the Construction Manager Design/Builder shall receive Overhead and Profit on such amount, as a percentage as set forth in Exhibit EF, and an amount for any increased bond and insurance costs associated therewith.

Appears in 1 contract

Samples: Sample Agreement

Increase in Cost of Work. If the Cost of the Work is increased by change order, the Owner shall pay the Construction Manager General Contractor the aggregate net cost directly paid by the Construction Manager General Contractor to subcontractors or suppliers for the performance of the Work and the Construction Manager General Contractor shall receive Overhead and Profit on such amount, as a percentage as set forth in Exhibit Ethis proposal, and an amount for any increased bond and insurance costs associated therewith.

Appears in 1 contract

Samples: Introduction

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