Common use of Contents of EPDs Clause in Contracts

Contents of EPDs. The EPDs provided in connection with quotations and Change Orders shall clearly detail how the total price and individual components of that price were determined and shall be adequate to enable a complete understanding and interpretation of how Contractor arrived at its quotation and/or Change Order price. In this regard, crews, equipment, quantities, and rates of production shall be detailed. Estimates of costs shall be further divided into Contractor's usual cost categories such as direct labor, repair labor, equipment ownership and operation, expendable materials, permanent materials, and subcontract costs as appropriate. Plant and equipment and indirect costs shall also be detailed in Contractor's usual format. Contractor's allocation of plant and equipment, indirect costs, contingencies, mark-up, and other items to each direct cost item shall be clearly identified. The EPDs shall include all assumptions; detailed quantity takeoffs; rates of production and progress calculations; quotes from Subcontractors and suppliers; memoranda; narratives; and all other information used by Contractor to arrive at the Contract Amount or amendment or Change Order.

Contents of EPDs. The EPDs provided with the Proposal shall, inter alia, clearly detail how each price included in the Proposal has been determined and shall be adequate to enable a complete understanding and interpretation of how the Contractor arrived at the Contract Price. The EPDs provided in connection with quotations and Change Orders shall shall, inter alia, clearly detail how the total price and individual components of that price were determined and shall be adequate to enable a complete understanding and interpretation of how the Contractor arrived at its quotation and/or Change Order price. In this regard, crews, equipment, quantities, and rates of production shall be detailed. Estimates of costs shall be further divided into the Contractor's usual cost categories such as direct labor, repair labor, equipment ownership and operation, expendable materials, permanent materials, and subcontract costs as appropriate. Plant and equipment and indirect costs shall also be detailed in the Contractor's usual format. The Contractor's allocation of plant and equipment, indirect costs, contingencies, mark-up▇▇▇▇-up, and other items to each direct cost item shall be clearly identified. The EPDs shall include all assumptions; , detailed quantity takeoffs; , rates of production and progress calculations; , quotes from Subcontractors and suppliers; , memoranda; , narratives; , and all other information used by the Contractor to arrive at the Contract Amount Price or amendment or Change Order.