Common use of Apprenticeship Utilization Requirements Clause in Contracts

Apprenticeship Utilization Requirements. Mandatory apprentice utilization of at least fifteen percent ( 15%) of the total labor hours worked on the contract is required. Apprentices must be registered as apprentices with the State Apprenticeship and Training Council. Design- Builder shall comply with the requirements of the Contract Documents related to apprenticeship. The Design-Builder acknowledges that apprenticeship utilization goals should be met, and that the Owner has determined monetary incentives for meeting the goals, and monetary penalties for not meeting the goals. The Contractor further agrees that, from the compensation otherwise to be paid, the Owner may retain the sum of $500.00 as a monetary penalty for not meeting the apprenticeship utilization goals. The Design-Builder further agrees, that in addition to the compensation otherwise to be paid, the Owner will pay by issuance of a Change Order $500.00 as an incentive for meeting the apprenticeship utilization goals.

Appears in 1 contract

Sources: Preliminary Agreement

Apprenticeship Utilization Requirements. Mandatory apprentice utilization of at least fifteen percent ( 15%) of the total labor hours worked on the contract is required. Apprentices must be registered as apprentices with the State Apprenticeship and Training Council. Design- Builder shall comply with the requirements of the Contract Documents related to apprenticeship. The Design-Builder acknowledges that apprenticeship utilization goals should be met, and that the Owner has determined monetary incentives for meeting the goals, and monetary penalties for not meeting the goals. The Contractor further agrees that, from the compensation otherwise to be paid, the Owner may retain the sum of $500.00 $ as a monetary penalty for not meeting the apprenticeship utilization goals. The Design-Builder further agrees, that in addition to the compensation otherwise to be paid, the Owner will pay by issuance of a Change Order $500.00 $ as an incentive for meeting the apprenticeship utilization goals.

Appears in 1 contract

Sources: Agreement Between Owner and Design Builder Cost Plus Fee With a Guaranteed Maximum Price