Mark-Up Contingency Only When Used. When the Parties establish the Guaranteed Project Cost, Contractor shall NOT calculate mark-up for Bonds, Insurance, and Overhead and Profit for the Contingency. When Contractor is pricing any Work paid from the Contingency, Contractor may mark-up its pricing in the same structure it can for a Change Order (see the “Format for Proposed Change Order” section in Exhibit D), but only if the Contractor did not include the Contingency amount when it priced its Fee, bonds and insurance, overhead or profit to establish the GPC.
