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Overhead definition

Overhead means those amounts which are intended to recover a proportion of the Supplier’s or the Key Sub-Contractor’s (as the context requires) indirect corporate costs (including financing, marketing, advertising, research and development and insurance costs and any fines or penalties) but excluding allowable indirect costs apportioned to facilities and administration in the provision of Supplier Personnel and accordingly included within limb (a) of the definition of “Costs”;
Overhead means all costs associated with management, supervision, insurance, as-built preparation and warranty, administration and supervision at the Place of Work (including the provision of and maintaining office coordination, office costs, supervision, site trailer, telephone service, and long-distance charges) courier, permits, insurance and small tools and general office supplies as required for the performance of the Work.”
Overhead means the percentage which the Contractor may add to the cost of personnel, equipment and materials supplied on a force account basis and shall include head office overhead, project management, bonding, insurance, site office accommodations, site supervision, clerical and all other expenses incurred by the Contractor in relation to the Work.

Examples of Overhead in a sentence

  • Overhead utilities will be shown connected between service poles.

  • For Change Orders that include an extension of a Completion Deadline, the amount of the Change Order shall also include Project Overhead to the extent permitted by Section 4.6.6.2.2 of the General Conditions.

  • Overhead rates and profit rates will also be those disclosed and agreed upon during the procurement and negotiation process and will follow Federal Acquisition Regulations (FAR).

  • Allowable Overhead Costs include general, administrative and overhead costs of maintaining and operating established offices, and consistent with established firm policies, and as defined in the Federal Acquisitions Regulations, Part 31.

  • The demolishing and removal of the Overhead Line may require the permission of the U.S. Forest Service and other third parties owning property upon which the Overhead Line is located, and, in such event, DFCM and Hyrum shall cooperate to obtain such permission(s).


More Definitions of Overhead

Overhead means the cost of administration, field office and home office costs (including extended costs), general superintendence, office engineering and estimating costs, other required insurance, materials used in temporary structures (not including form work), additional premiums on the performance and payment bonds of the Contractor, the use of small tools, scheduling costs, cumulative impact costs and all other costs incidental to the performance of a change in the Work or to the cost of doing business. Small tools are defined as any tool with a replacement value less than $1,000.
Overhead means any necessary costs and expenses which are incurred in the performance of the Work excluding “labor”, “materials,” “labor burden,” and construction equipment”.
Overhead means (a) payroll costs and other compensation of the Construction Manager’s employees in the Construction Manager's principal and branch offices including but not limited to, estimators, project managers, assistant project managers, and project engineers; (b) general and administrative expenses of the Construction Manager's principal and branch offices including charges against the Construction Manager for delinquent payments, and (c) costs related to the correction of defective work; and (c) the Construction Manager's capital expenses, including interest on capital used for the Work.
Overhead means continuous or general costs occurring in the normal course of business, including but not limited to costs for labor, rent, taxes, royalties, interest, discounts paid, insurance, bonds, lighting, heating, cooling, accounting, legal fees, equipment and facilities, telephone systems, depreciation, and amortization.
Overhead means any necessary costs and expenses incurred in the performance of the Work excluding “labor,” “materials,” and “equipment” as defined above.
Overhead means charges that may be incurred or allocated in support of the Contract but are not part of the cost of directly performing the physical Contract construction activity. Overhead includes Site or Field Overhead and Home Office Overhead.
Overhead means all costs associated with management, supervision, insurance,