Examples of Craft labor in a sentence
The Contractor shall furnish to the Owner Weekly Craft Labor Utilization Reports in the format as required by the Owner.
Prior to the date of the Full Notice to Proceed, Contractor shall develop and provide to Owner a detailed “bottom up” labor estimate, itemized by installed item of Equipment that includes for each item: (a) the expected man-hours, by classification within each Craft Labor Category to install such Equipment, and (b) the average apprentice and journeyman rate for each Craft Labor Category (the “Craft Labor Cost Estimate”) which is attached as Appendix K.
The Craft Labor Cost Estimate which is the basis for determining the estimated total Craft Labor Hours and the Craft Labor Hours target amount for the Work (the “Craft Labor Hour Target”) is set forth in Appendix K.
Base Craft Labor rates and per diem as agreed upon by the Parties are set forth in Appendix K.
All labor other than on-site Craft Labor is part of the Fixed Component.
The wage rates for the Craft Labor Cost Estimate were developed by Contractor through a labor survey in the relevant region, and such survey shall be provided to Owner on or before the Commencement Date so that Owner and Contractor can collectively agree on a wage rate strategy for attracting the necessary Craft Labor.
As Work on the Project progresses, if Contractor demonstrates to Owner that the stipulated Craft Wage Rates or per diem need to be increased to attract and retain qualified Craft Labor based upon market conditions or can be decreased without reducing productivity or availability of labor, the new rates will be implemented and associated cost will be reimbursable, subject to the Craft Labor productivity reconciliation pursuant to Section 5.1.4.
Contractor shall invoice biweekly the Reimbursable Component costs, including costs for field Craft Labor based upon reasonable estimates of Work projected to be performed in the next biweekly period, and Owner shall pay such invoices within 15 days of receipt.
All claims by Contractor for adjustments to the Fixed Component, the Craft Labor Hour Target, the Reimbursable Component, the Target Total Work Cost, Contractor’s fee, Performance Requirements, Project Schedule (including the Required Contract Dates) and/or other obligations or liabilities of the Parties under this Agreement as a result of any Change shall be supported by verifiable detailed documentation provided to Owner.
Purchased Craft Labor & MATERIALS (PL&M) WILL BE BILLED AT COST PLUS 25% ADMINISTRATIVE ADDER.