Builder definition
Examples of Builder in a sentence
Any amendment, modification, superseding act, deletion, addition or change in or to Applicable Law (excluding changes to Tax laws where Taxes are based upon Design-Builder’s inventory, revenue, income, profits/losses or cost of finance or withholding Tax) that occurs and takes effect after the Effective Date, provided that Design- Builder did not know that the amendment, modification, superseding act, deletion, addition or change in or to Applicable Law would occur following the Effective Date.
Design- Builder acknowledges that it has reviewed the requirements for good faith efforts on file with the City’s Office of Business Opportunity and will comply with them.
Builder represents that it has: (a) visited the Project site, (b) taken such other steps as may be necessary to ascertain the nature and location of the Work and the general and local conditions that affect the Work or the cost thereof, and (c) investigated the labor situation, including the availability of all necessary labor and material.
The City requires Design- Builder to document Actual wages and labor burden separately which may be less that Allowable wages in Exhibit D.
The City shall be allowed to audit the actual cost of labor burden each year, and City shall be entitled to a refund to the extent that it has paid Design- Builder more than its actual Labor Burden costs.