Overhead and Profit. Design Build Entity’s mark-up for overhead and profit calculated as the product of the percentage identified for mark-up for overhead and profit applied to the Direct Cost of Work in Design Build Entity’s Price Proposal attached as Exhibit O to the Agreement. Overhead and profit shall be the full compensation owed to Design Build Entity for all mark-up for Direct Cost of Work. Design Build Entity shall not be entitled to apply mark-up for overhead and profit to any cost other than the Direct Cost of Work, unless otherwise provided in the Contract Documents.
Appears in 3 contracts
Samples: Design Build Services Agreement, Design Build Agreement, Design Build Services Agreement
Overhead and Profit. Design Build Entity’s mark-up for overhead and profit profit, calculated as the product of the percentage identified for mark-up for overhead and profit applied to the Direct Cost of Work in Design Build Entity’s Price Proposal Proposal, attached as Exhibit O to the Agreement. Overhead and profit shall be the full compensation owed to Design Build Entity for all mark-up for Direct Cost of Work. Design Build Entity shall not be entitled to apply mark-up for overhead and profit to any cost other than the Direct Cost of Work, unless otherwise provided specified in the Contract Documents.
Appears in 1 contract
Samples: Design Build Agreement
