Common use of Xxxx-Up on Trade Work Clause in Contracts

Xxxx-Up on Trade Work. The maximum xxxx up for change order work shall be as follows: .1 For Work performed by a Subcontractor with its own forces, the Subcontractor shall be entitled to a xxxx-up of not more than fifteen percent (15%) (covering home office overhead, the cost of insurance and bonds, field supervision, general conditions and profit) on the Direct Costs of the Work. For Work that the Owner permits the Design-Builder to self-perform, the Design-Builder shall also be entitled to a xxxx-up of not more than fifteen percent (15%) of the Direct Cost of the Work. With regard to any such Work that is self-performed by the Design- Builder, the markup contemplated in this Section 7.4.11.1 shall be the Design- Builder’s exclusive compensation and it shall not be entitled to the markup contemplated in Section 7.4.11.3; .2 Intervening tier Subcontractors shall be entitled to a xxxx-up of five percent (5%) (covering home office overhead, the cost of insurance and bonds, field supervision, general conditions and profit) on Work Performed by lower-tier Subcontractors; .3 To the extent permitted by Section 7.4.8, the Design-Builder shall be entitled to an increase in its Design-Build Fee at a rate of 2.9% on work performed by Subcontractors. Such markup shall cover the same cost elements that were included in the Design-Build Fee; .4 In no event shall the maximum xxxx-up on the Direct Cost of the Work exceed twenty five percent (25%). (a) Labor. Payment will be made for direct labor cost plus indirect labor cost such as insurance, taxes, fringe benefits and welfare provided such costs are considered reasonable. Indirect costs shall be itemized and verified by receipted invoices. If verification is not possible, up to eighteen percent (18%) of direct labor costs may be allowed.

Xxxx-Up on Trade Work. The maximum xxxx up for change order Change Order work shall be as follows: .1 For Work performed by a Subcontractor with its own forces, the Subcontractor shall be entitled to a xxxx-up of not more than fifteen percent (15%) (covering Covering home office overhead, the cost of insurance and bonds, field supervision, general conditions and profit) on the Direct Costs of the Work. For Work that the Owner Department permits the Design-Builder Construction Manager to self-perform, the Design-Builder Construction Manager shall also be entitled to a xxxx-up of not more than fifteen percent (15%) of the Direct Cost of the Work. With regard to any such Work that is self-self- performed by the Design- BuilderConstruction Manager, the markup contemplated in this Section 7.4.11.1 shall be the Design- Builder’s exclusive compensation and it shall not be entitled to the markup contemplated in Section 7.4.11.3; Section .2 Intervening tier Subcontractors shall be entitled to a xxxx-up of five percent (5%) (covering Covering home office overhead, the cost of insurance and bonds, field supervision, general conditions and profit) on Work Performed by lower-tier Subcontractors; ; .3 To the extent permitted by Section 7.4.817.8, the Design-Builder Construction Manager shall be entitled to an increase in its Design-Build Construction Management Fee at a rate of 2.9[INSERT PERCENTAGE] % on work performed by Subcontractors. Such markup shall cover the same cost elements that were included in the Design-Build Fee; shall .4 In no event shall the maximum xxxx-up on the Direct Cost of the Work exceed twenty five percent (25%). Direct Cost of the Work shall mean labor, material and other costs reasonably and necessarily incurred in the proper performance of the Work as approved by the Department and shall include, but not be limited to: (Direct Cost of the Work does not, however, include home office overhead, field supervision, general conditions or profit of either the Subcontractor or the Construction Manager. No personnel above the level of a working xxxxxxx shall be considered a Direct Cost of the Work). (a) Labor. Payment will be made for direct labor cost plus indirect labor cost such as insurance, taxes, fringe benefits and welfare provided such costs are considered reasonable. Indirect costs shall be itemized and verified by receipted invoices. If verification is not possible, up to eighteen percent (18%) of direct labor costs may be allowed.

Xxxx-Up on Trade Work. The maximum xxxx up for change order Change Order work shall be as follows: .1 For Work performed by a Subcontractor with its own forces, the Subcontractor shall be entitled to a xxxx-up of not more than fifteen ten percent (1510%) (covering Covering home office overhead, the cost of insurance and bonds, field supervision, general conditions and profit) on the Direct Costs of the Work. For Work that the Owner Department permits the Design-Builder Construction Manager to self-perform, the Design-Builder Construction Manager shall also be entitled to a xxxx-up of not more than fifteen ten percent (1510%) of the Direct Cost of the Work. With regard to any such Work that is self-self- performed by the Design- BuilderConstruction Manager, the markup contemplated in this Section 7.4.11.1 17.11.1 shall be the Design- BuilderConstruction Manager’s exclusive compensation and it shall not be entitled to the markup contemplated in Section 7.4.11.3; 17.11.3; .2 Intervening tier Subcontractors shall be entitled to a xxxx-up of five percent (5%) (covering Covering home office overhead, the cost of insurance and bonds, field supervision, general conditions and profit) on Work Performed by lower-tier Subcontractors; ; .3 To the extent permitted by Section 7.4.817.8, the Design-Builder Construction Manager shall be entitled to an increase in its Design-Build Construction Management Fee at a rate of 2.92% on work performed by Subcontractors. Such markup shall cover the same cost elements that were included in the Design-Build Construction Management Fee; ; .4 In no event shall the maximum xxxx-up on the Direct Cost of the Work exceed twenty five fifteen percent (2515%). . Direct Cost of the Work shall mean labor, material and other costs reasonably and necessarily incurred in the proper performance of the Work as approved by the Department and shall include, but not be limited to: (a) Direct Cost of the Work does not, however, include home office overhead, field supervision, general conditions or profit of either the Subcontractor or the Construction Manager. No personnel above the level of a working xxxxxxx shall be considered a Direct Cost of the Work). • Labor. Payment will be made for direct labor cost plus indirect labor cost such as insurance, taxes, fringe benefits and welfare provided such costs are considered reasonable. Indirect costs shall be itemized and verified by receipted invoices. If verification is not possible, up to eighteen ten percent (1810%) of direct labor costs may be allowed.

Xxxx-Up on Trade Work. The maximum xxxx up for change order Change Order work shall be as follows: .1 For Work performed by a Subcontractor with its own forces, the Subcontractor shall be entitled to a xxxx-up of not more than fifteen ten percent (1510%) (covering Covering home office overhead, the cost of insurance and bonds, field supervision, general conditions and profit) on the Direct Costs of the Work. For Work that the Owner Department permits the Design-Builder Contractor to self-perform, the Design-Builder Contractor shall also be entitled to a xxxx-up of not more than fifteen ten percent (1510%) of the Direct Cost of the Work. With regard to any such Work that is self-self- performed by the Design- BuilderContractor, the markup contemplated in this Section 7.4.11.1 17.11.1 shall be the Design- BuilderContractor’s exclusive compensation and it shall not be entitled to the markup contemplated in Section 7.4.11.3; 17.11.3; .2 Intervening tier Subcontractors shall be entitled to a xxxx-up of five percent (5%) (covering Covering home office overhead, the cost of insurance and bonds, field supervision, general conditions and profit) on Work Performed by lower-tier Subcontractors; ; .3 To the extent permitted by Section 7.4.817.8, the Design-Builder Contractor shall be entitled to an increase in its Design-Build Construction Management Fee at a rate of 2.92% on work performed by Subcontractors. Such markup shall cover the same cost elements that were included in the Design-Build Fee; .4 Construction Management Fee;.4 In no event shall the maximum xxxx-up on the Direct Cost of the Work exceed twenty five fifteen percent (2515%). . Direct Cost of the Work shall mean labor, material and other costs reasonably and necessarily incurred in the proper performance of the Work as approved by the Department and shall include, but not be limited to: (a) Direct Cost of the Work does not, however, include home office overhead, field supervision, general conditions or profit of either the Subcontractor or the Contractor. No personnel above the level of a working xxxxxxx shall be considered a Direct Cost of the Work). • Labor. Payment will be made for direct labor cost plus indirect labor cost such as insurance, taxes, fringe benefits and welfare provided such costs are considered reasonable. Indirect costs shall be itemized and verified by receipted invoices. If verification is not possible, up to eighteen ten percent (1810%) of direct labor costs may be allowed.

Xxxx-Up on Trade Work. The maximum xxxx up for change order work shall be as follows: .1 For Work performed by a Subcontractor with its own forces, the Subcontractor shall be entitled to a xxxx-up of not more than fifteen percent (15%) (covering home office overhead, the cost of insurance and bonds, field supervision, general conditions and profit) on the Direct Costs of the Work. For Work that the Owner permits the Design-Builder to self-perform, the Design-Builder shall also be entitled to a xxxx-up of not more than fifteen percent (15%) of the Direct Cost of the Work. With regard to any such Work that is self-performed by the Design- Builder, the markup contemplated in this Section 7.4.11.1 shall be the Design- Builder’s exclusive compensation and it shall not be entitled to the markup contemplated in Section 7.4.11.3; .2 Intervening tier Subcontractors shall be entitled to a xxxx-up of five percent (5%) (covering home office overhead, the cost of insurance and bonds, field supervision, general conditions and profit) on Work Performed by lower-tier Subcontractors; .3 To the extent permitted by Section 7.4.8, the Design-Builder shall be entitled to an increase in its Design-Build Fee at a rate of 2.9% on work performed by Subcontractors. Such markup shall cover the same cost elements that were included in the Design-Build Fee; .4 In no event shall the maximum xxxx-up on the Direct Cost of the Work exceed twenty five percent (25%). (a) Labor. Payment will be made for direct labor cost plus indirect labor cost such as insurance, taxes, fringe benefits and welfare provided such costs are considered reasonable. Indirect costs shall be itemized and verified by receipted invoices. If verification is not possible, up to eighteen percent (18%) of direct labor costs may be allowed.

Xxxx-Up on Trade Work. The maximum xxxx up for change order work shall be as follows: .1 For Work performed by a Subcontractor with its own forces, the Subcontractor shall be entitled to a xxxx-up of not more than fifteen percent (15%) (covering home office overhead, the cost of insurance and bonds, field supervision, general conditions and profit) on the Direct Costs of the Work. For Work that the Owner Department permits the Design-Builder Construction Manager to self-perform, the Design-Builder Construction Manager shall also be entitled to a xxxx-up of not more than fifteen percent (15%) of the Direct Cost of the Work. With regard to any such Work that is self-self- performed by the Design- BuilderConstruction Manager, the markup contemplated in this Section 7.4.11.1 shall be the Design- Builder’s exclusive compensation and it shall not be entitled to the markup contemplated in Section 7.4.11.3; Section .2 Intervening tier Subcontractors shall be entitled to a xxxx-up of five percent (5%) (covering home office overhead, the cost of insurance and bonds, field supervision, general conditions and profit) on Work Performed by lower-tier Subcontractors; ; .3 To the extent permitted by Section 7.4.87.3, the Design-Builder Construction Manager shall be entitled to an increase in its Design-Build Construction Management Fee at a rate of 2.9% Three Percent (3%) on work performed perform by Subcontractors. Such markup shall cover the same cost elements that were included in the Design-Build Construction Management Fee; and .4 In no event shall the maximum xxxx-up on the Direct Cost of the Work exceed twenty five percent (25%). .5 Direct Cost of the Work shall mean labor, material and other costs reasonably and necessarily incurred in the proper performance of the Work as approved by the Department and shall include, but is not limited to: (a) Labor. Payment will be made for direct labor cost plus indirect labor cost such as insurance, taxes, fringe benefits and welfare provided such costs are considered reasonable. Indirect costs shall be itemized and verified by receipted invoices. If verification is not possible, up to eighteen percent (18%) of direct labor costs may be allowed.