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 106 contracts

Samples: Construction 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 (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: Construction Contract

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