Common use of Pricing Components Clause in Contracts

Pricing Components. § 7.5.1 The total cost of any changed Work or of any other increase or decrease in the Co Claim, shall be limited to the following components: .1 Basic wages: The hourly wage (without markup, fringe benefits or labor b specified in the applicable “Prevailing Wage Publication” for the laborers, and foremen performing and/or directly supervising the changed Work o portion of overtime wages is not included unless pre-approved by the Owner. .2 Fringe benefits: Fringe benefits paid by the Contractor as established by the Oregon Bureau of Labor and Industries or contributed to labor trust funds as itemized fringe benefits, whichever is applicable. Costs paid or incurred by the Contractor for vacations, per diem, bonuses, stock options, or discretionary payments to employees are not reimbursable.

Pricing Components. § 7.5.1 The total cost of any changed Work or of any other increase or decrease in the Co C Claim, shall be limited to the following components: .1 Basic wages: The hourly wage (without markup, fringe benefits or labor b specified in the applicable “Prevailing Wage Publication” for the laborers, and foremen performing and/or directly supervising the changed Work o portion of overtime wages is not included unless pre-approved by the Owner. .2 Fringe benefits: Fringe benefits paid by the Contractor as established by the Oregon Bureau of Labor and Industries or contributed to labor trust funds as itemized fringe benefits, whichever is applicable. Costs paid or incurred by the Contractor for vacations, per diem, bonuses, stock options, or discretionary payments to employees are not reimbursable.

Pricing Components. § 7.5.1 The total cost of any changed Work or of any other increase or decrease in the Co C Claim, shall be limited to the following components: .1 Basic wages: The hourly wage (without markup, fringe benefits or labor b specified in the applicable “Prevailing Wage Publication” for the laborers, and foremen performing and/or directly supervising the changed Work o portion of overtime wages is not included unless pre-approved by the Owner. . .2 Fringe benefits: Fringe benefits paid by the Contractor as established by the Oregon Bureau of Labor and Industries or contributed to labor trust funds as itemized fringe benefits, whichever is applicable. Costs paid or incurred by the Contractor for vacations, per diem, bonuses, stock options, or discretionary payments to employees are not reimbursable.