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02-11-1985 Council Packet
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02-11-1985 Council Packet
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(3) Ownership cost of maintenance expenses for Contrac- <br />tor -owned equipment, including without limitation all <br />construction equipment, trucks and vehicles, machines <br />and all other owned equipment required for Contractor's <br />performance of the Work. <br />(4) Cost for purchase and maintenance of tools, materi- <br />als, supplias and facilities not consumed during con- <br />.truction jr incorporated in the work. <br />(5) Contractor's capital expense, includinf interest on <br />Contractor's capital employed for the work. <br />(6) Overhead or general expenses of any kind, including <br />but not limited to office or fabrication shop overhead <br />or drafting and printing costs, except as may be ex- <br />pressly included in clause 11.3.3.1a above. <br />(7) Coats due to the negligence of Contractor, any sub- <br />contractor, anyone directly or indirectly employed by <br />any of them, or for whose acts any of them may be li- <br />able, including but not limited to injury or Damage to <br />persons or property, the correction of defective work, <br />disposal of materials and equipment wrongly supplied, or <br />making good any damage to property. <br />(8) The cost of any item not specifically and expressly <br />included in the terms described in clause 12.3.3.1a <br />above. <br />2. Allowances for profit, overhead and nonreimbursable costs <br />shall he computed as follows: <br />A. For the Contractor <br />(1) A minimum of 5% up to a maximum of 15% (the actaal <br />rate dependent of the Contractor's performance and as- <br />sumed risks as determined in the sole discretion of the <br />Owner) of all reimbursable cotes defined in clauses <br />12.3.3.la(1) through (11) above, and <br />(2) A minimum of 3'.' up to a maximum of 7% (as deter - <br />reined in the sole discretion of th#• Owner) for the work <br />of subcontractors supervised by the Contractor as com- <br />puted in accordance with clauses 12.3.1, .2 or .3. <br />(3) For first, second, third and fourth tier subcon- <br />tractors claiming compensation for changed work under <br />clause 12.3.3.1(a) (12). their allowances shall he de- <br />termined at the sole reasonable discretion of the owner <br />consistent with percentage% in subclauses (1) and (2) <br />directly above. <br />42 _ <br />35958 <br />4/81 <br />V - I . <br />
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