Lump-Sum Total. Project Price Breakdown (Schedule of Values). The Work shall be provided on a Lump-Sum Total with the following Schedules of Values, which is comprised of quantities and prices of items aggregating the Total Project Price and subdivided into component parts. The Schedule of Values or lump-sum price breakdown shall serve as the basis for progress payments. [INSERT HERE THE JUDICIAL COUNCIL APPROVED DETAILED SCHEDULE OF VALUES FOR THE PROJECT]
Lump-Sum Total. Project Price Breakdown (Schedule of Values). The Work shall be provided on a Lump-Sum Total with the following Schedules of Values, which is comprised of quantities and prices of items aggregating the Total Project Price and subdivided into component parts. The Schedule of Values or lump-sum price breakdown shall serve as the basis for progress payments. 2 Time and Materials Basis This option is only available for projects estimated at $75,000.00 or less.
2.1 The Total Project Price for this Project is the sum of all the Work, including all applicable taxes, fees, shipping costs, insurance, and bonds and shall not exceed this amount. Contractor will monitor and account for all costs of the Work performed under this Project. Contractor shall notify the Judicial Council at least thirty (30) days in advance if it anticipates that the Work performed under this Project shall reach the Total Project Price.
2.2 The Judicial Council will compensate the Contractor for actual hours worked in performance of the Project at the hourly rates for the named individuals or various individuals working the labor/trade classifications as set forth below:
2.3 The hourly rates include all costs including, but not limited to applicable taxes, duties, wages, indirect costs, general and administrative expense, and profit. The hourly rate will be calculated in tenth-of-an-hour increments for each full six minutes beginning with the designated actual starting time. Overtime rates will not be paid unless overtime work is specifically authorized in advance and in writing by the Judicial Council Project Manager.
2.4 The hourly rates are subject to revisions only by written, mutual agreement of Judicial Council and the Contractor. For invoices, compensation shall be computed by multiplying the appropriate hourly rate prescribed in this Service Work Order by the number of direct labor hours performed.
2.5 All equipment, materials, supplies, and other items that are not part of the hourly rates above must be identified and documented with sufficient detail for review by the Judicial Council. The following items will be priced as follows:
2.6 Contractor must clearly indicate all work that is performed for this Project as a separate line item on the invoice. With respect to transactions for which Contractor may be exempt from any tax or duty, Contractor will indicate its exemption claim within its invoice. Contractor is responsible for accurately tracking and recording the hours and days o...
Lump-Sum Total. Project Price Breakdown (Quotation). The Work shall be provided on a Lump-Sum Total with the following Quotation, which is comprised of quantities and prices of items aggregating the Total Project Price and subdivided into component parts. The Quotation or lump-sum price breakdown shall serve as the basis for progress payments. [INSERT HERE THE JUDICIAL COUNCIL APPROVED DETAILED QUOATATIONFOR THE PROJECT]
