Examples of Base Cost in a sentence
Base Cost is defined as the total of labor, material and equipment rentals as described in subparagraphs 12.4.3.1, 12.4.3.2 and 12.4.3.3. The actual net cost in money to the Owner for the change in the Work shall be computed as follows: .1 If the Contractor performs the change in the Work without use of Subcontractors or sub- subcontractors, his compensation will be the Base Costs as described above, plus a maximum mark-up of 15% for overhead and profit.
If the Base Costs exceed $10,000, his compensation shall be the Base Cost, plus a mark-up of 20% on Base Costs less than or equal to $10,000, and a mark-up of 15% on Base Costs above $10,000.
Base Cost is defined as the total of labor, material, and equipment rentals as described in Subparagraphs 17.2.B3 and 17.2.B4.
Subcontractor base cost$1,000.20% Subcontractor OH & P Allowance 200.Subcontractor Total$1,200.10% Contractor Allowance on Base Cost 100.Total$1,300.
Subcontractor Base Cost$200,000.20% Subcontractor OH & P Allowance 40,000.Subcontractor Total$240,000.10% Contractor Allowance on First $10,000 Base Cost1,000.5% on Next $90,000 Base Cost4,500.3% on Base Cost over $100,000 3,000.Total$248,500.