Cost of Extra Work definition

Cost of Extra Work means the wages actually paid to and received by such employees; however, for a Directive Letter, all wages actually paid that are in excess of the prevailing wages in the performance of Extra Work shall be subject, on each occasion, to the initial and continuing approval of the Authority in advance of the performance of such Extra Work; plus a proper proportion of(a) premiums, if any, actually paid by the employer for Workers' Compensation Insurance upon the basis of such wages, (b) vacation allowances and union duesand assessments, which the employer actually pays pursuant to the contractual obligation upon the basis of such wages, and (c) taxes actually paid by the employer pursuant to law upon the basis of such wages. “Employees” as used above means only the employees of one employer.
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Cost of Extra Work as used in this Article shall mean actual costs incurred by the Design Build Entity and each Subcontractor regardless of tier involved, and shall be limited to the following (to the extent the Design Build Entity demonstrates that they were actually incurred):
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Cost of Extra Work as used in this Article 7.3 shall mean actual costs incurred or to be incurred by Contractor and each Subcontractor regardless of tier involved, to the extent not otherwise disallowed under Article 7.3.3, and shall be limited to the following (to the extent the Contractor demonstrates that the costs are both reasonable and actually incurred, if such costs have been incurred):
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Examples of Cost of Extra Work in a sentence

  • Net Cost of Extra Work shall NOT include any of the following, which are construed to be included in the Contractor's overhead and profit figures: 1.

  • The use of a labor classification which would increase the Net Cost of Extra Work will not be permitted unless the Contractor establishes the necessity for such additional costs.

  • CONTRACTOR FEE OR MARK-UP The term "Contractor Fee" or "Mark-up" shall mean the full amount of compensation for all costs and expenses including overhead, profit, bond and insurance not included in the Net Cost of Extra Work.

  • For Extra Work performed by any Sub-subcontractor, the cost of combined expenses, overhead, profit, bond and insurance of the Contractor, the subcontractor and the lowest Tier of subcontractor shall not exceed twenty-five percent (25%) of the Net Cost of the lowest Tier subcontractor's Extra Work.2. If the Net Cost of Extra Work is greater than $25,000 and less than or equal to $100,000, the Contractor Fee or Mark-up shall be computed as follows:a.

  • Section 3-3.2.3 (“Markup”) of the Standard Specifications is hereby deleted and replaced with the following: The term "Net Cost of Extra Work" shall mean the actual costs necessarily incurred by Contractor and all subcontractors that actually perform the Extra Work caused by the change(s) in the Work, and consists of costs of labor, materials and equipment rental only.

  • The term “Contractor Fee” shall mean the full amount of compensation, both direct and indirect (including without limitation all overhead and profit), to be paid to Contractor for its own Work and the Work of all Subcontractors, for all costs and expenses not included in the Cost of Extra Work, whether or not such costs and expenses are specifically referred to in Article 7.3.3. The Contractor Fee shall not be compounded.

  • The term "Contractor Fee" or "Mark-up" shall mean the full amount of compensation for all costs and expenses including overhead, profit, bond and insurance not included in the Net Cost of Extra Work.

  • EXTRA WORK Section 3-3.2.3 (“Markup”) of the Standard Specifications is hereby deleted and replaced with the following: The term "Net Cost of Extra Work" shall mean the actual costs necessarily incurred by Contractor and all subcontractors that actually perform the Extra Work caused by the change(s) in the Work, and consists of costs of labor, materials and equipment rental only.

  • The use of a labor classification, which would increase the Net Cost of Extra Work, will not be permitted unless the Contractor establishes the necessity for such additional costs.

  • The term“Design Builder Fee” shall mean the full amount of compensation, both direct and indirect (including without limitation all overhead and profit), to be paid to Design Builder for its own Work and the Work of all Subcontractors, for all costs and expenses not included in the Cost of Extra Work, whether or not such costs and expenses are specifically referred to in Article 7.3.3 above.


More Definitions of Cost of Extra Work

Cost of Extra Work means the wages actually paid to and received by such employees; however, for a Directive Letter, all wages actually paid that are in excess of the prevailing wages in the performance of Extra Work shall be subject, on each occasion, to the initial and continuing approval of the Authority in advance of the performance of such Extra Work; plus a proper proportion of
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Cost of Extra Work is defined in Section 7.3 of the General Conditions.
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Cost of Extra Work as used in this Section 7.3 shall mean the Direct Pass-Through Cost of any and all subcontracts, as defined in the Agreement, which costs are actually incurred by the Contractor in completing the Extra Work.
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Related to Cost of Extra Work

  • Cost of work , in table above, shall mean the agreement amount of the work.

  • Extra Work means any work which is determined by City to be necessary for the proper completion of the Project, but which the Parties did not reasonably anticipate would be necessary at the execution of this Agreement. Consultant shall not perform, nor be compensated for, Extra Work without written authorization from City’s Representative.

  • Cost of the Work means costs necessarily incurred by the Construction Manager in the proper performance of the Work. Such costs shall be at rates not higher than those customarily paid at the place of the Project except with prior consent of the Owner. The Cost of the Work shall include only the items set forth in this Article 6.

  • Cost of Services is FASC’s total Operating Costs incurred in providing the applicable Category of Services during the month to all investment advisers for which FASC provides that Category of Services. “Adviser’s Assets under Management” is the total average assets under management for the month for all Accounts or portions thereof for which the Adviser acts as investment adviser or subadvisor and which utilize the Category of Services.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Contractor’s Equipment means all apparatus, machinery, vehicles and other things required for the execution and completion of the Works and the remedying of any defects. However, Contractor’s Equipment excludes Temporary Works, Employer’s Equipment (if any), Plant, Materials and any other things intended to form or forming part of the Equipment.

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Contract Work means everything required to be furnished and done by the Contractor by any one or more of the parts of the Contract referred to in Article 1, except Extra Work as hereinafter defined.

  • Electrical work Concealed and fire resistant wiring of “ISI” Copper Wire, Distribution board with “MCB”. “ISI” xxxx modular electrical accessories, Landline phone conduit, Cable TV wiring conduit, Separate line for inverter connection, Air-conditioner power point. Painting : Long Lasting and weather resistant acrylic paint to all external walls, All internal walls with white cement based putty finish with OBD. Plumbing & Sanitation : Sanitary xxxx for toilets, plumbing fixtures, CPVC/UPVC pipe and fitting(ISI make), SWR drainage system. Kitchen: Granite platform, ceramic tiles dado upto 2’ height, Stainless Steel sink in Kitchen, Aquaguard point, Connection for washing machine in wash area.

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Cost of materials means the cost of components, parts or materials which are intended for the production, manufacturing or assembling of the goods bid for and which are not produced, manufactured or assembled in the factory where the production, manufacture or assembly of such goods occurs, including freight, landing costs, port charges, import duties and other import costs of such components, parts or materials and all costs in connection with the handling and transport thereof prior to delivery at that factory;

  • The Work means each and every activity required for the successful performance of the services described in Section II, the Terms of Reference.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Building Contractor means the building contractor or developer appointed or to be appointed by the Grant Recipient in respect of a Firm Scheme; Business Day means any day other than a Saturday, Sunday or a statutory Bank Holiday in England;

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • Maximum medical improvement means that no further material improvement would reasonably be expected from medical treatment or the passage of time;

  • Construction Works means all works and things necessary to complete the Project in accordance with this Agreement;

  • Construction Work means any work in connection with⎯

  • tidal work means so much of any work authorised by this Order as is on, under or over tidal waters or tidal lands below the level of high water;

  • Design-build contract means a single contract with a Design-Build Firm for the design and construction of a public construction project.

  • Annual Work Plan means any of the Annual Work Plans.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • O&M Contractor means the person, if any, with whom the Concessionaire has entered into an O&M Contract for discharging O&M obligations for and on behalf of the Concessionaire;

  • MSAA Indicator Technical Specifications document means, as the context requires, either or both of the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Indicator Technical Specifications November 5, 2018 Version 1.3” and the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Target and Corridor-Setting Guidelines” as they may be amended or replaced from time to time;

  • EPC Contractor means Seller’s engineering, procurement and construction contractor or such Person performing those functions.