Pricing Change Order Work. The amounts that the Contractor and/or its Subcontractors add to a Contract Change for profit and overhead will also be considered by the Owner before approval is given and a Change Order issued. The amounts established hereinafter are the maximums that are acceptable to the Owner.
11.8.1 For work performed by its forces, the Contractor will be allowed its actual costs for materials, equipment charges, the total amount of wages paid for labor, the total cost of Federal Old Age Benefit (Social Security Tax) and for Worker’s Compensation and Comprehensive General Liability Insurance, plus Bond cost if the change results in an increase in the Bond premium paid by the Contractor. To the total of the above costs, the Contractor will be allowed to add a percentage as noted below to cover overhead and profit combined. Overhead shall be considered to include insurance other than mentioned above, field and office supervisors and assistants, including safety and scheduling personnel, use of small tools, incidental job burdens and general home office expenses, and no separate allowance will be made therefore. Allowable percentages for overhead and profit on changes will not exceed 15 percent if the total of self-performed work is less than or equal to $10,000, 10 percent if the total of self-performed work is between $10,000 and $20,000 and 7.5 percent if the total of self-performed work is over $20,000, for any specific change priced.
11.8.2 For subcontracted Work each affected Subcontractor shall figure its costs, overhead and profit as described above for Contractor’s work, all subcontractor costs shall be combined, and to that total subcontractor cost the Contractor will be allowed to add a maximum xxxx-up of 10 percent if the total of all subcontracted work is less than or equal to $10,000, 7.5 percent if the total of all subcontracted work is between $10,000 and $20,000 and 5 percent if the total of all subcontractor work is over $20,000.
11.8.3 On changes involving both additions and deletions, percentages for overhead and profit will be allowed only on the net addition. The Owner does not accept and will not pay for additional contract cost identified as indirect, consequential, or as damages caused by delay.
Pricing Change Order Work. The amounts that Contractor and/or its Subcontractor adds to a Change Order for profit and overhead will also be considered by Owner before approval is given. The amounts established hereinafter are the maximums that are acceptable to Owner.
11.8.1 For Work performed by its forces, Contractor will be allowed their actual costs for materials, the total amount of wages (including benefits) paid for labor, plus the total cost of State and Federal payroll taxes and of worker’s compensation and comprehensive general liability insurance, plus additional bond and builders risk insurance cost if the change results in an increase in the premium paid by Contractor. To the total of the above costs, Contractor will be allowed to add a percentage as noted below to cover overhead and profit combined. Allowable percentages for overhead and profit on any specific change shall not exceed fifteen (15) percent for the first $10,000 of value for self-performed work or portion thereof, ten (10) percent for the second $10,000 of value for self-performed work or portion thereof and seven and a half (7.5) percent for any value of the self-performed work that exceeds $20,000.
11.8.1.1 The comprehensive general liability insurance referenced in the preceding section is intended to refer to the Commercial General Liability insurance required under Article 5.
11.8.1.2 For purposes of this Contract, the percentage totals references in Subsection 11.8.1 above, are to be calculated by applying the appropriate total to the aggregate amount of the Change Order.
11.8.2 In addition to the costs for materials and labor, the Contractor and/or its Subcontractor will be allowed their costs for the rental equipment used in performing the changed Work, based on hours of use, and multiplied by the actual cost per hour when reasonably available. Otherwise, the equipment rental cost per hour will not be more than the rate included in the most recent version of the Rental Rate Blue Book for Construction Equipment (published by PRIMEDIA Information, Inc.) to yield total cost. Mobilization costs will not be allowed except when the Contractor demonstrates that the need to mobilize a piece of equipment arose solely because of the changed Work.
11.8.3 For subcontracted Work each affected Subcontractor shall figure its costs, overhead and profit as described above for Contractor’s Work, all Subcontractor costs shall be combined, and to that total Subcontractor cost Contractor will be allowed to add a maxim...
Pricing Change Order Work. 11.8.1 All proposed costs for changes in the work must be supported by itemized accounting of material, equipment and associated itemized installation costs in sufficient detail, following the outline and organization of the established Schedule of Values, to permit analysis by the AE and ODR using current estimating guides and/or practices. All changes in the work are subject to audit by Owner or its representatives at any time in accordance with the Contract Documents, and sums due to the Contractor for changes in the work may be adjusted lower as a result of such audit.
11.8.1.1 Photocopies of Subcontractor and vendor proposals shall be furnished unless specifically waived by the ODR.
11.8.1.2 Contractor shall provide written response to change request within twenty-one
Pricing Change Order Work. The amounts that Contractor and/or its Subcontractor includes in a Change Order for profit and overhead will also be considered by Owner before approval is given. The amounts established hereinafter are the maximums that are acceptable to Owner.
Pricing Change Order Work. The amounts that the Contractor and/or its Subcontractors add to a Contract Change for profit and overhead will also be considered by the Owner before approval is given and a Change Order issued. The amounts established hereinafter are the maximums that are acceptable to the Owner. The Contactor shall not stop Work during the negotiation of a change order. Contractor shall include these provisions in all subcontracts.
11.8.1 For work performed by its forces, the Contractor will submit an itemized Change Order covering the additional Work and/or the Work to be deleted. The Change Order shall be itemized for the various components of Work and divided by labor, materials and equipment in a detailed format satisfactory to the Owner. The Contractor shall include same detailed information from all its Subcontractors regardless of tier.
11.8.1.1 Estimated labor costs to be included for self-performed work shall be based on the actual cost per hour paid by the Contractor for those workers or crews of workers who the Contractor reasonably anticipates will perform the Change Order work. Estimated labor hours shall include hours only
