Lump Sum Proposal Clause Samples

Lump Sum Proposal. If the District elects to have the Change in the Work performed on a lump sum basis, such election shall be based on a lump sum proposal which shall be submitted by the Contractor within ten (10) calendar days of the District’s request therefor. Request for a lump sum proposal shall not be deemed an election to have the work performed on a lump sum basis. The Contractor’s proposal shall be itemized and segregated by labor and materials for the various components of the change (no aggregate labor total will be acceptable) and shall be accompanied by signed proposals of any subcontractors which will perform any portion of the change, and of any persons who will furnish materials or equipment for incorporation therein. The proposal shall also include the contractor’s estimate of the time required to perform said changes or additional work. The portion of the proposal relating to labor, whether by the Contractor’s forces or the forces of any of its Subcontractors, may include reasonably anticipated gross wages of Job Site labor, including foremen, who will be directly involved in the Change in the Work (for such time as they will be so involved), plus payroll costs (including premium costs of overtime labor, if overtime is anticipated, Social Security, federal or State unemployment insurance taxes and fringe benefits required by collective bargaining agreements entered into by the Contractor or any Subcontractor in connection with such labor) and up to fifteen percent (15%) of such anticipated gross wages, but not payroll costs, as field and home office overhead, and profit for the Contractor or any Subcontractor, as applicable (said overhead and profit to include all supervision except foremen). But in no case will the aggregate mark-up for the Contractor and Subcontractor total more than 15% of the direct material costs, and 5% of the equipment rental costs, as defined above. These costs shall not include charges for listed equipment or major tools with a new cost of $500.00 or less. No time charges shall be allowed except for equipment actually used for the proper and efficient performance or completion of the authorized change in the Work. The portion of the proposal relating to materials may include the reasonably anticipated direct costs to the Contractor or its Subcontractors for materials to be purchased for incorporation in the Change in the Work, plus transportation and applicable sales or use taxes and up to fifteen percent (15%) of said direct mate...

Lump Sum Proposal. The Contractor will within ten (10) days after receipt of the Owner's communication submit his Lump Sum Proposal. This Proposal will be itemized and segregated by labor and material for the various components of the work. No aggregate labor total will be acceptable. The Contractor will furnish with his Proposal supporting data consisting of Subcontractor's and vendor's signed proposals. The Contractor will be allowed 15% for overhead and profit on labor performed by his own forces and material purchases. Subcontractors, likewise, will be permitted an allowance of 15% for overhead and profit on their own work. The Contractor will be further allowed a 6% commission on all of his subcontractor's work, 6% overhead and profit will be allowed on equipment rented by the Contractor or subcontractor. The Contractor may include in his labor proposal only those workmen and foremen directly involved in the work. All other supervision is included in the 15% overhead and profit allowed. Contractor will be entitled to payment for labor, union fringe benefits, insurance. unemployment insurance, soda security and taxes paid on labor. No overhead or profit will be allowed on social security, unemployment insurance or other insurances or premium time. Contractor's material costs ▇▇▇▇ include invoiced costs, transportation, applicable sales or use taxes, actual rental costs or discounted local published rental rates. Use o~ small tools is included in the Contractors's overhead and profit. Overhead and profit as outlined above includes all other costs whatsoever beyond those enumerated. if any of the extra work included in the Lump Sum Proposal is covered by Contract Unit Prices, the Owner may elect to use these unit prices within the Lump Sum Proposal. No overhead and profit may be applied to these unit prices. The entire value of the change will be the net difference of the work to which will be applied overhead and profit percentages.

Lump Sum Proposal. Upon the Owner 's request, the Contractor will, with reasonable promptness after such request, transmit to the Owner a lump sum proposal detailing the proposed adjustments to the Contract Sum in connection with any change in the Work requested by the Owner. The proposal shall be itemized and segregated by labor and material (including consumables such as utilities and items required to be furnished pursuant to union contracts) for the various components of the changes in the Work and no aggregate figures for labor or material will be accepted. The Contractor shall furnish, with Contractor's lump sum proposal, supporting data consisting of final proposals from each Subcontractor, Sub-subcontractor and vendor. Only labor, materials, utilities, supervision and supplies directly attributable to the change in the Work shall be included in the proposal;