Common use of Overhead and Profit Clause in Contracts

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: Build Services Coversheet Agreement, Agreement, Agreement

AutoNDA by SimpleDocs

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: Agreement

AutoNDA by SimpleDocs

Overhead and Profit. Design Build Entity’s markxxxx-up for overhead and profit calculated as the product of the percentage identified for markxxxx-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 markxxxx-up for Direct Cost of Work. Design Build Entity shall not be entitled to apply markxxxx-up for overhead and profit to any cost other than the Direct Cost of Work, unless otherwise provided in the Contract Documents.

Appears in 1 contract

Samples: Build Services Coversheet Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!