05-28-1985 Council Packet - Laserfiche WebLink

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Contractor . . � ,tee of per formance of the change in work in one or more of the following ways: 11.1.1 By mutual acceptance of a lump sum proper'.v itemized, 11.3.2 By unit prices stated in the Contract Documents or subsequently agreed upon (unit prices shall include an allowance for Contractor's main office ex- pense, overhead, profit and bond), or 11.3.3 By actual cost of the changed work, plus an allowancf! for overhead, supervision and profit, as defined as follows: 1. The "cost of the changed work" shall mean costs necessarily incurred in the proper performance of the changed work and paid by Contractor at rates not higher than the standard paid in the locality of the work (except with prior consent of the owner) as more specifically defined as follows: a. The cost of t!:• changed work shall include: (1) Wages paid for labor in the direct employ of Contractor in the performance of the changed work in the field or in the fabrication shop under applicable collective bargaining agreements or under a salary or wage schedule agreed upon by Contractor and owner, plus a payroll markup of 40 percent to cover all overhead items applicable to payroll, such as insurance, taxes, F.I.C.A., workmen's compensation, unemployment taxes, and union benefits. (2` Cost of all materials, supplies and equipment incorporated in the changed work. (3) Cost, including maintenance of all materials, supplies, equip- ment, temporary facilities and hand tools owned by workmen, which are consumed in the performance of the changed work, and cost less salvage value on such items used but not conaum•3 which remain the property of the Contractor. (4) Rental charges of all necessary machinery and equipment, exclu- sive of hand tools, used in performing the changed work, including installation, minor repairs and replacements, dismantling, removal, transportation and delivery costs thereof at rental charges consistent with those prevailing in the area. (5) Cost of additional premiums for all bonds and insurance which the Contractor is required by the owner or contract documents to purchase and maintain And which is incurred as a result of performing the changed work. (6) Sales, use or similar taxes, related to the changed work and for which the Contractor is liable, imposed by any governmental authority. (7) Permit fees, roy..lties, damages for infringment of patents and costs of defending suits therefore, and deposits lost for causes other `han the Contractor's negligence. 4? _ l /85 - 8507b Copyright 1995 1lonestroo, Rosenr, AvdQrlik i Associates, Inc.