Cost Breakdown Clause Samples

A Cost Breakdown clause requires the parties to provide a detailed itemization of all costs associated with a project or contract. This typically involves listing individual expenses such as labor, materials, equipment, and overhead, often with supporting documentation or estimates. By mandating transparency in how costs are calculated and presented, the clause helps prevent disputes over billing, ensures accountability, and allows for more accurate budgeting and financial planning.
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Cost Breakdown. Prior to submitting Contractor’s first request for payment, the Contractor shall prepare and submit to the Project Manager and District a cost breakdown (schedule of values) showing the major work items for each trade or operation required in construction of the Project. The work items shall be sufficiently detailed to enable the Project Manager to accurately evaluate the completion percentages requested by the Contractor. The cost for each work item shall include overhead and profit. The total of all work item costs shall equal the amount of the Contract.
Cost Breakdown. When the Modification is proposed, the Contractor shall furnish a complete breakdown of actual costs of both credits and extras, itemizing materials, labor, taxes, overhead and profit. Subcontract work shall be so indicated. All costs must be fully documented. The following limitations shall apply: 1) Limitations Where Contract Price Changes are Involved: (a) Overhead and Profit for the Contractor. The Contractor's overhead and profit on the cost of subcontracts shall be a sum not exceeding ten percent (10%) of such costs. The Contractor's overhead and profit on the costs of work performed by the Contractor shall be a sum not exceeding fifteen percent (15%) of such costs. Overhead and profit shall not be applied to the cost of taxes and insurance by Contractor or Subcontractors or to credits. No processing or similar fees may be charged by the Contractor in connection with the Modification. “Overhead and profit” shall include all plant, equipment rental and repair, project management, field coordination, job site project supervision and indirect labor and materials.
Cost Breakdown. When the Modification is proposed, the Contractor shall furnish a complete breakdown of actual costs of both credits and extras, itemizing materials, labor, taxes, overhead and profit. Subcontract work shall be so indicated. All costs must be fully documented. The following limitations shall apply: 1) Limitations Where Contract Price Changes are Involved:
Cost Breakdown. Prior to submitting Contractor’s first request for payment, the Contractor shall prepare and submit to the Project Manager and District a cost breakdown (schedule of values) if there are more than one trade required in construction of the Project or a sample invoice whichever is applicable. If the scope of work calls for more than one trade, please show the major work items for each trade or operation required in construction of the Project on a cost breakdown (schedule of values). The work items will be sufficiently detailed to enable the Project Manager to accurately evaluate the completion percentages requested by the Contractor. The cost for each work item shall include overhead and profit. The total of all work item costs shall equal the amount of the Contract.
Cost Breakdown. A cost breakdown and schedule for construction of the Improvements setting forth all items of costs and expenses and estimating the construction trade schedules required to complete the construction and equipping of the Improvements;
Cost Breakdown. The service fee may be paid quarterly or annually dependant on Customer requirements, but all support options must be paid for in advance. The following are costs dependent on the number of individual application users. Once negotiated with the Customer, the non-applicable sections will be removed for the final version. Services will be reimbursed based upon the following breakdown. One-off set up cost 800 1,500 1,500 1,500 Monthly / Yearly cost 375 / 4,500 750 / 9,000 1,125 / 13,500 2,250 / 27,000 One-off set up cost 1,500 2,500 3,500 5,500 Monthly / Yearly cost 750 / 9,000 1,125 / 13,500 1,875 / 22,500 2,625 / 31,500 The notes below should be read in conjunction with the cost breakdown.
Cost Breakdown. Within ten (10) days of the Notice to Proceed, the Contractor shall prepare and submit to the Architect and District a cost breakdown (schedule of values) showing the major work items for each trade or operation required in construction of the Project. The work items shall be sufficiently detailed to enable the Architect to accurately evaluate the completion percentages requested by the Contractor. The cost for each work item shall include the applicable percentage of the Contractor’s Fee. The total of all work item costs shall equal the Total Base Rent.
Cost Breakdown. (a) Lender will make disbursements of the Loan based on a detailed breakdown (a "Cost Breakdown" and projected disbursement release schedule) of construction, financing and other development costs, as more fully described in the attached Exhibit C, which shall be submitted to, and approved --------- prior to the initial disbursement of the Loan. (b) The Cost Breakdown restricts disbursements to line items in cost categories. Lender acknowledges that the Cost Breakdown includes funds and disbursements which cover a mutually agreed upon amount of Nation's and Borrower's reasonable legal fees in connection with the negotiation and preparation of this Agreement, the other Loan Documents and the Transactional Documents, and projected costs of efforts to obtain BIA and Commission approval thereof. Borrower agrees to use disbursements solely in conformity with the Cost Breakdown. If the Facility cannot be completed in strict conformity with the most recently approved Cost Breakdown, Borrower must submit immediately to Lender for its approval a revised Cost Breakdown. In the revised Cost Breakdown, Borrower must identify requested changes in any line items and provide a written statement of reasons for the changes. If further changes are required, Borrower must seek Lender's approval. Lender need make no further disbursements unless and until it approves the revised Cost Breakdown as provided, which approval (or the denial thereof) shall be in Lender's reasonable discretion; provided, however that, Lender shall approve all revised Cost Breakdowns necessitated as a consequence of Consultant's default or breach of its obligations under Section 3(ii) of the Construction and Development Agreement so long as the aggregate costs specified in such revised Cost Breakdown do not exceed $9,000,000. The most recently approved Cost Breakdown supersedes all previously approved Cost Breakdowns.
Cost Breakdown. The NTE total compensation of this Agreement consists of the following task fee breakdown. No services will be performed or fees paid by the District to the Consultant for Supplemental Services without prior written authorization by the District as stated in this Agreement.
Cost Breakdown. The cost breakdown (the “Cost Breakdown”) for the Work, including by trade, the names of all Subcontractors heretofore engaged and, as attachments, a list of all subcontracts heretofore executed relating to the Work is attached hereto as Exhibits C1 and C2. The Cost Breakdown consists of the Base Bid Work (as defined in Exhibit C2), which is covered by the Contract Sum as of the date hereof, and the Alternates (as defined in Exhibit C3), which may be added to the Contract Sum by Change Order, as provided in Article 5 below. If this Agreement is executed prior to the engagement of Subcontractors and the determination of the Cost Breakdown, the Cost Breakdown shall be initialed by the parties and attached hereto upon its completion. Contractor acknowledges that notwithstanding that the items listed on Exhibits C1, C2 and C3 may not be all inclusive or complete as of the time the parties agree upon the Contract Sum, they are sufficient for determining the Contract Sum for the Work.