Direct Cost Items Clause Samples

Direct Cost Items. 1. Payments due to Sub-Contractors from the Construction Manager or made by the Construction Manager to Sub-Contractors for their work performed pursuant to contract under this Agreement in accordance with Article 11, Paragraphs 11.2 and 11.5 of this Agreement. 2. Cost of all materials, supplies and equipment incorporated in the Project, including costs of transportation and storage thereof in accordance with Article 11, Paragraph 11.2 and 11.7 of this Agreement. 3. ▇▇▇▇▇ paid for labor (as opposed to wages paid to management or supervisory personnel) in the direct employ of the Construction Manager in the performance of his work under Agreement, plus a multiple approved by the Owner to cover labor burden. 4. Cost including transportation and maintenance of all materials, supplies, equipment, temporary facilities including office facilities for Construction Manager and Owner' Representative and tools not owned by the workmen, which are employed or consumed in the performance of the work, cost on such items used but not consumed which may be turned over to the Owner at the end of the project and cost less salvage value on such items used but which do not remain the property of the Construction Manager. For those items to be turned over to the Owner at the end of the project, Article 2.3.4 of this Agreement shall apply. 5. Rental charges on all necessary machinery and equipment, exclusive of hand tools used at the site of the Project, whether rented from the Construction Manager or other, including installation, repairs and replacements, dismantling, removal, costs of lubrication, transportation and delivery costs thereof, which are used in the support of a Sub- Contractor or the Construction Manager’s own forces in the performance of the work, at rental charges consistent with those prevailing in the area. 6. Cost of the premiums for all insurance and cost of premiums for all bonds which the Construction Manager is required to procure by this Agreement specifically for the construction project. This includes any Sub-Contractor bonds the Construction Manager deems appropriate. 7. Sales, use, gross receipts or similar taxes related to allowable direct costs of the Project imposed by any governmental authority, and for which the Construction Manager is liable. 8. The cost of corrective work subject, however, to the GMP and except for any corrective work made necessary because of defective workmanship or other causes contributed to by the Construction Manager o...
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Direct Cost Items. (1) Wages paid for labor (as opposed to wages paid to management or supervisory personnel) in the direct employ of the Construction Manager in the performance of his Work under Agreement, times a multiple of TBD to cover fringe benefits. (2) Cost of all materials, supplies and equipment incorporated in the Project, including costs of transportation and storage thereof. (3) Payments due to subcontractors from the Construction Manager or made by the Construction Manager to subcontractors for their Work performed pursuant to subcontract under this Agreement. (4) Cost including transportation and maintenance of all materials, supplies, equipment, temporary facilities and hand tools not owned by the workmen, which are employed or consumed in the performance of the Work, cost on such items used but not consumed which may be turned over to the Owner at the end of the Project and cost less salvage value on such items used but not consumed which remain the property of the Construction Manager. For those items to be turned over to the Owner at the end of the Project, Article 2.3(6) shall apply. (5) Rental charges on all necessary machinery and equipment, exclusive of hand tools used at the site of the Project, whether rented from the Construction Manager or other, including installation, repairs and replacements, dismantling, removal, costs of lubrication, transportation and delivery costs thereof, which are used in the support of a subcontractor or the Construction Manager's own forces in the performance of the Work, at rental charges consistent with those prevailing in the area. (6) Cost of the premiums for all insurance and cost of premiums for all bonds, which the Construction Manager is required to procure by this Agreement or does procure specifically for the construction Project. Construction Manager’s casualty insurance is set at a fixed rate of TBD of the total construction cost (including all fees); Construction Manager bonds are set at a fixed rate of TBD of the total construction costs (including all fees). Construction Manager may require subcontractor and supplier bonds (the cost of which will be included in the subcontracts or purchase orders) or Construction Manager may use its “subguard” insurance program in lieu of Subcontractor bonds, at a fixed rate of TBD of all enrolled subcontracts and purchase orders, unless the cost of Subcontractor and Supplier bonds is less than that value, in which case the lower rate will apply. Contractor will provide a...
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Direct Cost Items. A. Cost of all materials, supplies and equipment incorporated in the work, including costs of transportation and storage thereof. B. Project Management and Superintendents - Project Management and Superintendent costs will be established for each assigned project as outlined in EXHIBIT B and will be based upon an agreed upon level of effort and hourly rates in EXHIBIT A. Hourly rates will be established for Project Managers and Superintendents to be assigned to each project and will be included as part of EXHIBIT A. Rates to include basic hourly rate, labor burden including the cost of all pension contributions, hospitalizations, bonuses, vacations, medical insurance, taxes for unemployment compensation, and other company overhead expenses for assigned equipment, including vehicle allowances, tools, phones, travel, gas, and per diem. The rates will be established based on audited expenses for each individual. C. Payments due to Subcontractors from the Construction Manager or made by the Construction Manager to Subcontractors for their work performed pursuant to written trade contracts under this Agreement, not to exceed the amount agreed upon in the GMP. D. Sales, use and gross receipts taxes related to allowable direct costs of each project imposed by any governmental authority, and for which the Construction Manager is liable. E. Subject to the prior written approval of the Owner, wages paid for labor (as opposed to wages paid to project manager or supervisory personnel) in the direct employ of the Construction Manager times a multiplier of 1.5 to cover fringe benefits. F. Special permit fees specifically for each project. Permit fees do not include costs for normal company operations and/or review/ approval and inspection processes with DCSB Code Enforcement or other regulatory agencies. G. Special testing requirements for each specific project as agreed upon by the Owner. H. Cost incurred due to an emergency affecting the safety of persons and/or property. I. Rental charges on all necessary equipment and machinery for the specific project only, exclusive of hand tools used at the project site, whether rented from the Construction Manager or others, including installation, repairs and replacement, dismantling, removal, costs of lubrication, transportation and delivery thereof, which are used in the support of the Subcontractor or Construction Manager’s own forces in the performance of the work at rental charges consistent with those prevailing in the ar...
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Direct Cost Items. (1) Wages paid for labor (as opposed to wages paid to management or supervisory personnel) in the direct employ of the Construction Manager in the performance of its work under this Agreement plus Labor Burden to cover fringe benefits as set forth below. For purposes of calculating the cost of labor to be reimbursed under the previous paragraph, the Construction Manager’s Labor Burden shall not exceed the percentage set forth within the Labor Burden Calculation Form attached hereto as Exhibit “B.” For purposes hereof, Labor Burden means the actual cost of benefits and taxes that Construction Manager must pay or chooses to pay its employees and shall not include any profit, markup or expense unrelated to employee compensation. With respect to benefits Construction Manager chooses to pay, the categories of such benefits must be approved by Owner. The following types of fringe benefits shall not be included in the Labor Burden: incentive compensation, bonuses, personnel support costs, and extraordinary retirement benefits. Fringe benefits shall be reimbursable only as specified in Exhibit “B.” (2) Cost of all materials, supplies and equipment incorporated in the Project, including costs of transportation and storage thereof. (3) Payments due to subcontractors from the Construction Manager or made by the Construction Manager to subcontractors for their work performed pursuant to contract under this Agreement. (4) Cost including transportation and maintenance of all materials, supplies, equipment, temporary facilities and hand tools not owned by the workmen, which are employed or consumed in the performance of the work, cost on such items used but not consumed which may be turned over to the Owner at the end of the project and cost less salvage value on such items used but not consumed which remain the property of the Construction Manager. For those items to be turned over to the Owner at the end of the project, Article 2.2(7) shall apply. (5) Rental charges on all necessary machinery and equipment, exclusive of hand tools used at the site of the Project, whether rented from the Construction Manager or other, including installation, repairs and replacements, dismantling, removal, costs of lubrication, transportation and delivery costs thereof, which are used in the support of a sub-Construction Manager or the Construction Manager's own forces in the performance of the work, at rental charges consistent with those prevailing in the area. (6) Cost of the premiums...
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Direct Cost Items. (1) Wages paid for labor (other than those labor costs paid for project management and supervision covered by Contractor’s fee, in the direct employ of Contractor in the performance of his work under this Agreement, times a multiple of .67 to cover fringe benefits. (2) Cost of all materials, supplies and equipment incorporated in the Project, including costs of transportation and storage thereof. (3) Payments due to subcontractors from Contractor or made by Contractor to subcontractors for their work performed pursuant to contract under this Agreement. (4) Cost including transportation and maintenance of all materials, supplies, equipment, temporary facilities and small tools not owned by the workmen, which are employed or consumed in the performance of the work, cost on such items used but not consumed which may be turned over to the Owner at the end of the project and cost less salvage value on such items used but not consumed which remain the property of Contractor. (5) Rental charges on all necessary machinery and equipment, exclusive of small tools used at the site of the Project, whether rented from Contractor or other, including installation, repairs and replacements, dismantling, removal, costs of lubrication, transportation and delivery costs thereof, which are used in the support of a sub-contractor or Contractor's own forces in the performance of the work. Rental charges must be consistent with those charges prevailing in the area. (6) Cost of the premiums for all insurance and cost of premiums for all bonds which Contractor is required to procure by this Agreement specifically for the construction project. This includes appropriate sub-contractor bonds. (7) Sales, use, gross receipts or similar taxes related to allowable direct costs of the Project imposed by any governmental authority, and for which Contractor is liable. (8) The cost of corrective work subject to the GMP, excluding any corrective work made necessary because of defective workmanship or other causes contributed to by Contractor or his subcontractors or suppliers. No costs shall be paid by the Owner to Contractor for any expenses made necessary to correct defective workmanship or to correct any work not in conformance with the Plans and Specifications or to correct any deficiency or damage caused by negligent acts by Contractor. (9) Minor expenses at the site, such as telegrams, long distance telephone calls, telephone service, expressage, postage, and similar ▇▇▇▇▇ cash items in...
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Direct Cost Items. A. Cost of all materials, supplies and equipment incorporated in the work, including costs of transportation and storage thereof. B. Project Management and Superintendents - Project Management and Superintendent costs will be established for each assigned Project as outlined in EXHIBIT B and will be based upon an agreed upon level of effort and hourly rates in EXHIBIT A. Hourly rates will be established for Project Managers and Superintendents to be assigned to each Project and will be included as part of EXHIBIT A. Rates to include basic hourly rate, labor burden including the cost of all pension contributions, hospitalizations, bonuses, vacations, medical insurance, taxes for unemployment compensation, and other company overhead expenses for assigned equipment, including vehicle allowances, tools, phones, travel, gas, and per diem. C. General field operating expenses incurred in the management and supervision of the Project, including office trailer, Project signage, communications equipment and services, temporary utilities, water, ice, small tools and consumables, temporary fencing, clean-up and waste disposal, hauling, jobsite toilets, custodial, photographs, permits, testing, telegrams, postage, office supplies, expressage, and similar items in connection with the work. D. Leasing of any facilities required for each Project including any offsite storage space. E. Costs of surveys, measurements and layout work required as part of the Project. F. Cost of all Subcontractors for their work performed pursuant to written trade contracts under this Agreement, not to exceed the amount agreed upon in the GMP. ▇. ▇▇▇▇▇, use and gross receipts taxes related to allowable direct costs of each Project imposed by any governmental authority, and for which the Construction Manager is liable. H. Special permit fees specifically for each Project. Permit fees do not include costs for normal company operations and/or review/ approval and inspection processes with DCSB Code Enforcement or other regulatory agencies. I. Special testing requirements for each specific Project as agreed upon by the Owner. J. Cost incurred due to an emergency affecting the safety of persons and/or property. K. Rental charges on all necessary equipment and machinery for the specific Project only, exclusive of hand tools used at the Project site, whether rented from the Construction Manager or others, including installation, repairs and replacement, dismantling, removal, costs of lubrication, tra...
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Direct Cost Items. 1. Wages paid for labor (as opposed to wages paid to management or supervisory personnel) in the direct employ of the Construction Manager in the performance of his work under Agreement, times a multiple of (To Be Determined at GMP) to cover actual and documented costs of fringe benefits. 2. Cost of all materials, supplies and equipment incorporated in the Project, including costs of transportation and storage thereof. Payments due to subcontractors from the Construction Manager or made by the Construction Manager to subcontractors for their work performed pursuant to contract under this Agreement. Cost including transportation and maintenance of all materials, supplies, equipment, temporary facilities and hand tools not owned by the workmen, which are employed or consumed in the performance of the work. Rental charges on all necessary machinery and equipment, exclusive of hand tools used at the site of the Project, whether rented from the Construction Manager or other, including installation, repairs and replacement, dismantling, removal, costs of lubrication, transportation and delivery costs thereof, which are used in the support of a sub-contractor or the Construction Manager’s own forces in the performance of the work, at rental charges consistent with those prevailing in the area.
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Direct Cost Items. The Consulting Engineer hereby acknowledges and agrees to comply with the policies enumerated in “Connecticut Department of Transportation Policy No. F&A-34, April 21, 2005, Subject: Policy on the Acquisition and Inventory of Equipment Purchased by Consultants”.
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Related to Direct Cost Items

  • Direct Costs The Contractor shall separately identify each item of deleted and added work associated with the change or other condition giving rise to entitlement to an equitable adjustment, including increases or decreases to unchanged work impacted by the change. For each item of work so identified, the Contractor shall propose for itself and, if applicable, its first two tiers of subcontractors, the following direct costs: (1) Material cost broken down by trade, supplier, material description, quantity of material units, and unit cost (including all manufacturing burden associated with material fabrication and cost of delivery to site, unless separately itemized); (2) Labor cost broken down by trade, employer, occupation, quantity of labor hours, and burdened hourly labor rate, together with itemization of applied labor burdens (exclusive of employer’s overhead, profit, and any labor cost burdens carried in employer’s overhead rate); (3) Cost of equipment required to perform the work, identified with material to be placed or operation to be performed; (4) Cost of preparation and/or revision to shop drawings and other submittals with detail set forth in paragraphs (e)(1) and (e)(2) of this clause; (5) Delivery costs, if not included in material unit costs; (6) Time-related costs not separately identified as direct costs, and not included in the Contractor’s or subcontractors’ overhead rates, as specified in paragraph

  • Indirect Cost Rates The System Agency may acknowledge an indirect cost rate for Grantees that is utilized for all applicable Grant Agreements. For subrecipients receiving federal funds, indirect cost rates will be determined in accordance with applicable law including, but not limited to, 2 CFR 200.414(f). For recipients receiving state funds, indirect costs will be determined in accordance with applicable law including, but not limited to, TxGMS. Grantees funded with blended federal and state funding will be subject to both state and federal requirements when determining indirect costs. In the event of a conflict between TxGMS and applicable federal law or regulation, the provisions of federal law or regulation will apply. Grantee will provide any necessary financial documents to determine the indirect cost rate in accordance with the Uniform Grant Guidance (UGG) and TxGMS.

  • Indirect Costs If indirect costs are charged, the Subrecipient will develop an indirect cost allocation plan for determining the appropriate Grantee share of administrative costs and shall submit such plan to the Grantee for approval.

  • Project Cost An updated cost spreadsheet reflecting the current forecasted cost vs. the latest approved budget vs. the baseline budget should be included in this section. One way to track project cost is to show: (1) Baseline Budget, (2) Latest Approved Budget, (3) Current Forecasted Cost Estimate, (4) Expenditures or Commitments to Date, and (5) Variance between Current Forecasted Cost and Latest Approved Budget. Line items should include all significant cost centers, such as prior costs, right-of-way, preliminary engineering, environmental mitigation, general engineering consultant, section design contracts, construction administration, utilities, construction packages, force accounts/task orders, wrap-up insurance, construction contingencies, management contingencies, and other contingencies. The line items can be broken-up in enough detail such that specific areas of cost change can be sufficiently tracked and future improvements made to the overall cost estimating methodology. A Program Total line should be included at the bottom of the spreadsheet. Narratives, tables, and/or graphs should accompany the updated cost spreadsheet, basically detailing the current cost status, reasons for cost deviations, impacts of cost overruns, and efforts to mitigate cost overruns. The following information should be provided:

  • Project Cost Overruns In the event that the Recipient determines that the moneys granted pursuant to Section II hereof, together with the Local Subdivision Contribution, are insufficient to pay in full the costs of the Project, the Recipient may make a request for supplemental assistance to its District Committee. The Recipient must demonstrate that such funding is necessary for the completion of the Project and the cost overrun was the result of circumstances beyond the Recipient's control, that it could not have been avoided with the exercise of due care, and that such circumstances could not have been anticipated at the time of the Recipient's initial application. Should the District Committee approve such request the action shall be recorded in the District Committee's official meeting minutes and provided to the OPWC Director for the execution of an amendment to this Agreement.