Construction Overhead Costs definition
Examples of Construction Overhead Costs in a sentence
The Construction Overhead Costs are inclusive of all direct and incidental expenses including but not limited to toll telephone calls, facsimile charges, postage and use of courier services, photocopying and reproduction expenses, travel costs, sustenance, reproduction, salaries, wages, and field office expenses, based upon Actual Cost not exceeding, in the aggregate, the amounts for construction overhead items shown on the completed Project Cost Matrix in Exhibit E.
The maximum allowable amount the Owner shall be liable to the Design-Builder for Construction Overhead Costs is shown in Exhibit E and the aggregate of all Overhead Costs and Expenses shall not exceed the amount shown in Paragraph 6 of the Contract.
If the Preconstruction Phase Services are being rendered simultaneously with Construction Phase Services, each monthly invoice shall include a pro rata portion of the Design-Builder’s fee based on the preliminary progress schedule and the actual costs of the Construction Overhead Costs actually incurred.
The Owner will pay the Design-Builder an amount established as the Design-Builder’s Fee, plus the actual Construction Overhead Costs and the actual Cost of the Work as described herein, but not to exceed, in any event or for any reason, the Guaranteed Maximum Price.
The Owner will pay the CM/GC an amount established as the CM/GC’s Fee, plus the actual Construction Overhead Costs and the actual Cost of the Work as described herein, but not to exceed, in any event or for any reason, the Guaranteed Maximum Price.
If the Preconstruction Phase Services are being rendered simultaneously with Construction Phase Services, each monthly invoice shall include a pro rata portion of the CM/GC’s fee based on the preliminary progress schedule and the actual costs of the Construction Overhead Costs actually incurred.
The maximum allowable amount the Owner shall be liable to the CM/GC for Construction Overhead Costs is shown in Exhibit E and the aggregate of all Overhead Costs and Expenses shall not exceed the amount shown in Paragraph 6 of the Contract.
The Construction Overhead Costs component of the Design-Builder Fee shall in no event exceed the following amount: AND /100 DOLLARS ($ ) The agreed daily amount for Liquidated Damages is $ per day.
The initial Design-Builder Construction Fee and Design- Builder Construction Overhead Costs shall be deemed to take into account all overhead, profit, and administration costs with respect to performance of Work covered by Unit Prices, and shall not be increased as a result of application of Unit Prices.
Costs associated with the foregoing shall be deemed to be part of the Design-Builder Construction Overhead Costs within the GMP.