Common use of Labor Costs Clause in Contracts

Labor Costs. The cost of labor for workers used in the actual and direct performance of the Change Order work, whether provided by Maintenance Contractor or a Subcontractor, will equal the sum of the following: (a) For construction-related labor, (1) the actual cost for direct labor; plus (2) the actual cost of workers’ compensation and liability insurance required under this Comprehensive Maintenance Agreement, health, welfare and pension benefits and Social Security deductions or 55% of the actual direct labor cost, whichever is less; plus (3) 25% of the total of the amounts set forth in clauses (1) and (2) for profit and overhead. (b) For non-construction-related labor (professional services), (1) the actual wages (i.e., the base wage paid to the employee exclusive of any fringe benefits); plus (2) a labor surcharge in the amount of 145%, which shall constitute full compensation for all profit, overhead and all State and federal payroll, unemployment and other taxes, insurance, fringe benefits and all other payments made to, or on behalf of, the workers, in excess of actual wages.

Appears in 6 contracts

Samples: Comprehensive Maintenance Agreement, Comprehensive Maintenance Agreement, Comprehensive Maintenance Agreement

AutoNDA by SimpleDocs

Labor Costs. The cost of labor for workers used in the actual and direct performance of the Change Order work, whether provided by Maintenance DB Contractor or a Subcontractor, will equal the sum of the following: (a) For construction-related labor, (1) the actual cost for direct labor; plus (2) the actual cost of workers’ compensation and liability insurance required under this Comprehensive Maintenance Agreement, health, welfare and pension benefits and Social Security deductions or 55% of the actual direct labor cost, whichever is less; plus (3) 25% of the total of the amounts set forth in clauses (1) and (2) for profit and overhead. (b) For non-construction-related labor (professional services), (1) the actual wages (i.e., the base wage paid to the employee exclusive of any fringe benefits); plus (2) a labor surcharge in the amount of 145%, which shall constitute full compensation for all profit, overhead and all State and federal payroll, unemployment and other taxes, insurance, fringe benefits and all other payments made to, or on behalf of, the workers, in excess of actual wages.

Appears in 5 contracts

Samples: Comprehensive Maintenance Agreement, Comprehensive Maintenance Agreement, Comprehensive Maintenance Agreement

Labor Costs. The cost of labor for workers used in the actual and direct performance of the Change Order work, whether provided by Maintenance DB Contractor or a Subcontractor, will equal the sum of the following: (a) For construction-related labor, (1) the actual cost for direct labor; , plus (2) the actual cost of workers’ compensation and liability insurance required under this Comprehensive Maintenance AgreementCMA, health, welfare and pension benefits benefits, and Social Security deductions or 55% of the actual direct labor cost, whichever is less; , plus (3) 25% of the total of the amounts set forth in clauses (1) and (2) for profit and overhead. (b) For non-construction-related labor (professional services), (1) the actual wages (i.e., the base wage paid to the employee exclusive of any fringe benefits); , plus (2) a labor surcharge in the amount of 145%, which shall constitute full compensation for all profit, overhead overhead, and all State and federal payroll, unemployment and other taxes, insurance, fringe benefits and all other payments made to, or on behalf of, the workers, in excess of actual wages.

Appears in 4 contracts

Samples: Capital Maintenance Agreement, Capital Maintenance Agreement, Capital Maintenance Agreement

Labor Costs. The cost of labor for workers used in the actual and direct performance of the Change Order work, whether provided by Maintenance DB Contractor or a Subcontractor, will equal the sum of the following: (a) For construction-related labor, (1) the actual cost for direct labor; , plus (2) the actual cost of workers’ compensation and liability insurance required under this Comprehensive Capital Maintenance Agreement, health, welfare and pension benefits benefits, and Social Security deductions or 55% of the actual direct labor cost, whichever is less; , plus (3) 25% of the total of the amounts set forth in clauses (1) and (2) for profit and overhead. (b) For non-construction-related labor (professional services), (1) the actual wages (i.e., the base wage paid to the employee exclusive of any fringe benefits); , plus (2) a labor surcharge in the amount of 145%, which shall constitute full compensation for all profit, overhead overhead, and all State and federal payroll, unemployment and other taxes, insurance, fringe benefits and all other payments made to, or on behalf of, the workers, in excess of actual wages.

Appears in 3 contracts

Samples: Capital Maintenance Agreement, Capital Maintenance Agreement, Capital Maintenance Agreement

AutoNDA by SimpleDocs

Labor Costs. The cost of labor for workers used in the actual and direct performance of the Change Order work, whether provided by Maintenance DB Contractor or a Subcontractor, will equal the sum of the following: (a) For construction-related labor, (1) the actual cost for direct labor; plus (2) the actual cost of workers’ compensation and liability insurance required under this Comprehensive Capital Maintenance Agreement, health, welfare and pension benefits and Social Security deductions or 55% of the actual direct labor cost, whichever is less; plus (3) 25% of the total of the amounts set forth in clauses (1) and (2) for profit and overhead. (b) For non-construction-related labor (professional services), (1) the actual wages (i.e., the base wage paid to the employee exclusive of any fringe benefits); plus (2) a labor surcharge in the amount of 145%, which shall constitute full compensation for all profit, overhead and all State and federal payroll, unemployment and other taxes, insurance, fringe benefits and all other payments made to, or on behalf of, the workers, in excess of actual wages.

Appears in 3 contracts

Samples: Capital Maintenance Agreement, Capital Maintenance Agreement, Capital Maintenance Agreement

Labor Costs. The cost of labor for workers used in the actual and direct performance of the Change Order work, whether provided by Maintenance DB Contractor or a Subcontractor, will equal the sum of the following: (a) For construction-related labor, (1) the actual cost for direct labor; , plus (2) the actual cost of workers’ compensation and liability insurance required under this Comprehensive Maintenance AgreementCMA, health, welfare and pension benefits benefits, and Social Security deductions or 55% of the actual direct labor cost, whichever is less; , plus (3) 25% of the total of the amounts set forth in clauses (1) and (2) for profit and overhead. (b) For non-construction-related labor (professional services), (1) the actual wages (i.e., the base wage paid to the employee exclusive of any fringe benefits); , plus (2) a labor surcharge in the amount of 145%, which shall constitute full compensation for all profit, overhead overhead, and all State and federal payroll, unemployment and other taxes, insurance, fringe benefits and all other payments made to, or on behalf of, the workers, in excess of actual wages.. Texas Department of Transportation - 68 - Execution Version I-635 LBJ East Project Capital Maintenance Agreement

Appears in 1 contract

Samples: Capital Maintenance Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!