Common use of Overhead and Profit Clause in Contracts

Overhead and Profit. The percentage for overhead and profit to be used in calculating additive changes in the Work (not including changes covered by unit prices) shall not exceed the percentages for each category listed below. Said percentages for overhead and profit shall be applied only on the net cost of the changed Work, (i.e., the difference in cost between original and revised Work).

Appears in 108 contracts

Samples: Design Build Contract, Design Build Contract, Construction Contract

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Overhead and Profit. The Subject to the limitations described herein, the percentage for overhead and profit to be used in calculating additive changes in the Work Change Order Sum (not including changes covered by See Section 3.4.7.2 regarding unit prices) shall not exceed the percentages for each category listed below. Said percentages for overhead and profit shall be applied only on the net cost of the changed Work, Changed Work (i.e., the difference in cost between original and revised Work).

Appears in 3 contracts

Samples: Construction Management at Risk Agreement, Construction Management at Risk Agreement, Construction Management at Risk Agreement

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Overhead and Profit. The Subject to the limitations described herein, the percentage for overhead and profit to be used in calculating additive changes in the Work (not including changes covered by unit prices) shall not exceed the percentages for each category listed below. Said percentages for overhead and profit shall be applied only on the net cost of the changed Work, (i.e., the difference in cost between original and revised Work).

Appears in 1 contract

Samples: Design Bid Build Construction Contract

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