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.
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):
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): 7.3.2.1 Overhead and Profit not to exceed % of the Cost of the Extra Work (not more than % Overhead and _% Profit) and straight time wages or salaries for employees employed at the Project site, or at fabrication sites off the Project site, in the direct performance of the Extra Work. 7.3.2.2 Fringe Benefits and Payroll Taxes for employees employed at the Project site, or at fabrication sites off the Project site, in the direct performance of the Extra Work. 7.3.2.3 Overtime wages or salaries, specifically authorized in writing by the District’s Representative, for employees employed at the Project site, or at fabrication sites off the Project site, in the direct performance of the Extra Work. 7.3.2.4 Fringe Benefits and Payroll Taxes for overtime Work specifically authorized in writing by the District’s Representative, for employees employed at the Project site, or at fabrication sites off the Project site, in the direct performance of the Extra Work. 7.3.2.5 Costs of materials and consumable items which are furnished and incorporated into the Extra Work, as approved by the District’s Representative. Such costs shall be charged at the lowest price available to the Design-Build Entity but in no event shall such costs exceed competitive costs obtainable from other subcontractors, suppliers, manufacturers, and distributors in the area of the Project site. All discounts, rebates, and refunds and all returns from sale of surplus materials and consumable items shall accrue to the District and the Design-Build Entity shall make provisions so that they may be obtained. 7.3.2.6 Sales taxes on the costs of materials and consumable items which are incorporated into and used in the performance of the Extra Work pursuant to Subsection 7.3.2.5 above. 7.3.2.7 Rental charges for necessary machinery and equipment, whether owned or hired, as authorized in writing by the District’s Representative, exclusive of hand tools, used directly in the performance of the Extra Work. Such rental charges shall not exceed the current U.S. Army Corp. of Engineers scheduled charges for the area in which the work is performed. The Design-Build Entity shall attach a copy of said schedule to the Cost Proposal. The charges for any machi...

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.

  • 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" 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.

  • 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 oflabor, materials and equipment rental only.

  • 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.

  • Definitions will be completed in the Agreement, consistent with University and industry precedent.Excuse from Unavailability Event, Performance Failure, or Developer Breach; Schedule ReliefCompensation for the Cost of Extra Work and Delay (Idle Labor and Equipment)Compensation for Project Debt Service Due to Missed Availability Payment(l)Change in Law.

  • Cost of Extra Work is defined in Section 7.2. Day or Days shall mean calendar days unless otherwise specifically noted in the Contract Documents.


More Definitions of Cost of Extra Work

Cost of Extra Work is defined in Section 7.3 of the General Conditions.
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.
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
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): (a) Overhead and Profit not to exceed 15% of the Cost of the Extra Work (not more than 10% Overhead and 5% Profit) and straight time wages or salaries for employees employed at the Project site, or at fabrication sites off the Project site, in the direct performance of the Extra Work. (b) Fringe Benefits and Payroll Taxes for employees employed at the Project site, or at fabrication sites off the Project site, in the direct performance of the Extra Work. (c) Overtime wages or salaries, specifically authorized in writing by The City’s Representative, for employees employed at the Project site, or at fabrication sites off the Project site, in the direct performance of the Extra Work. (d) Fringe Benefits and Payroll Taxes for overtime Work specifically authorized in writing by the City’s Representative, for employees employed at the Project site, or at fabrication sites off the Project site, in the direct performance of the Extra Work.

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 those costs described in Paragraph 11.2.

  • 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 Means any labor or material used in installing, altering, maintaining, or extending an electrical wiring system and the appurtenances, apparatus, or equipment used in connection with the use of electrical energy in, on, outside, or attached to a building, residence, structure, property, or premises. The term includes service entrance conductors as defined by the National Electrical Code.

  • 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 the work or works to be executed or done under this contract.

  • 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 a point in time when any medically

  • 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 each work plan approved by the Association under Section I.C of Schedule 2 to this Agreement for inclusion in the Project.

  • 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 the contractor responsible for engineering, procurement and construction of the Facility, including Seller if acting as contractor, and including all subcontractors.

  • Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).