Contractor Profit definition
Contractor Profit means the contractor’s profit shown in the Applicant’s properly completed UniApp Supplement, Section C, Cost Limitations and Requirements.
Contractor Profit means an amount which is a fixed amount of the income received by the Contractor in respect of the Services, calculated as [X%] of the Actual Income;
Examples of Contractor Profit in a sentence
The prices quoted shall be deemed to have included all applicable taxes imposed by Central/State Government/ Local Bodies, Contractor Profit, Overhead expenses and other expenses.
Requests for Disbursements for Contractor Overhead and/or Contractor Profit line items cannot exceed, in cumulative, an amount equal to the construction overall percentage of completion, as determined by the Agency.
For this reason, Table B‐ 1 includes line items for Contractor Profit and Total Cost.