Limitation of Markup. Contractor shall include in each subcontract a limitation on the markup that Subcontractors can include in Change Orders. The cumulative total of markup (Subcontractor markup plus all lower-tier Subcontractor markups) shall not exceed fifteen percent (15%) of the cost of the change.
Appears in 7 contracts
Samples: Boa Services, Boa Services, Part I Agreement
Limitation of Markup. Contractor shall include in each subcontract a limitation on the markup that Subcontractors can include in Change Orders. The cumulative total of markup (Subcontractor markup plus all lower-tier lower‐tier Subcontractor markups) shall not exceed fifteen percent (15%) of the cost of the change.
Appears in 2 contracts
Samples: Boa Services, Part I Agreement
