Common use of Mark-up Clause in Contracts

Mark-up. a. The State will not consider any mark-up on consultant’s reimbursable expenses. b. The State will not consider any mark-up exceeding 5%, by the consultant, on any work performed by subconsultants. c. The State will not consider any mark-up on subconsultant’s reimbursable expenses. MASTER COPY DISTRIBUTED CONTRACT NO.: *** (Contractor, Accounting, Director, Project Manager, Lavallee, DFM) DEPT. ID: *** DEPARTMENT OF BUILDINGS AND GENERAL SERVICES Funny Word: *** (Revised 11/14/2022) FUND SOURCE: *** PROJECT #: *** (NOTE: Text that appears in orange letters is instructive only and should be deleted from the final SOW-Agreement. Text in yellow highlighting must be updated or deleted. Utilize or delete paragraphs as appropriate to the agreement. Text that appears in black letters should be included in the agreement as is.) AGREEMENT made this *** day of *** in the year 20***. BETWEEN Agency of Administration Department of Buildings and General Services ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ Montpelier, Vermont 05633 the State, and Company Name Company Address City, State and Zip Code the ARCHITECT/ENGINEER or A/E or Contractor. It is the intention of the State to ***, hereinafter referred to as the Project. The State and the ARCHITECT/ENGINEER agree as set forth below: The period of performance under this contract shall commence on ***, and end on ***, with a Substantial Completion date of ***, a Project Completion date of ***, and a Contract Completion date of ***, to allow for one year warranty inspection(s) as may be required of the construction contract work. Delete this paragraph if contract is not a sole source

Mark-up. a. The State will not consider any mark-up on consultant’s reimbursable expenses. b. The State will not consider any mark-up exceeding 5%, by the consultant, on any work performed by subconsultants. c. The State will not consider any mark-up on subconsultant’s reimbursable expenses. MASTER COPY DISTRIBUTED CONTRACT NO.: *** (Contractor, Accounting, Director, Project Manager, Lavallee▇▇▇▇▇▇▇▇, DFM) DEPT. ID: *** DEPARTMENT OF BUILDINGS AND GENERAL SERVICES Funny Word: *** (Revised 11/14/2022) FUND SOURCE: *** PROJECT #: *** (NOTE: Text that appears in orange letters is instructive only and should be deleted from the final SOW-Agreement. Text in yellow highlighting must be updated or deleted. Utilize or delete paragraphs as appropriate to the agreement. Text that appears in black letters should be included in the agreement as is.) AGREEMENT made this *** day of *** in the year 20***. BETWEEN Agency of Administration Department of Buildings and General Services ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ 5th Floor Montpelier, Vermont 05633 the State, and Company Name Company Address City, State and Zip Code the ARCHITECT/ENGINEER or A/E or Contractor. It is the intention of the State to ***, hereinafter referred to as the Project. The State and the ARCHITECT/ENGINEER agree as set forth below: The period of performance under this contract shall commence on ***, and end on ***, with a Substantial Completion date of ***, a Project Completion date of ***, and a Contract Completion date of ***, to allow for one year warranty inspection(s) as may be required of the construction contract work. Delete this paragraph if contract is not a sole source

Mark-up. a. The State will not consider any mark-up on consultant’s reimbursable expenses. b. The State will not consider any mark-up exceeding 5%, by the consultant, on any work performed by subconsultants. c. The State will not consider any mark-up on subconsultant’s reimbursable expenses. MASTER COPY DISTRIBUTED CONTRACT NO.: *** (Contractor, Accounting, Director, Project Manager, Lavallee▇▇▇▇▇▇▇▇, DFM) DEPT. ID: *** DEPARTMENT OF BUILDINGS AND GENERAL SERVICES Funny Word: *** (Revised 11/14/2022) FUND SOURCE: *** PROJECT #: *** (NOTE: Text that appears in orange letters is instructive only and should be deleted from the final SOW-Agreement. Text in yellow highlighting must be updated or deleted. Utilize or delete paragraphs as appropriate to the agreement. Text that appears in black letters should be included in the agreement as is.) AGREEMENT made this *** day of *** in the year 20***. BETWEEN Agency of Administration Department of Buildings and General Services ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ Floor Montpelier, Vermont 05633 the State, and Company Name Company Address City, State and Zip Code the ARCHITECT/ENGINEER or A/E or Contractor. It is the intention of the State to ***, hereinafter referred to as the Project. The State and the ARCHITECT/ENGINEER agree as set forth below: The period of performance under this contract shall commence on ***, and end on ***, with a Substantial Completion date of ***, a Project Completion date of ***, and a Contract Completion date of ***, to allow for one year warranty inspection(s) as may be required of the construction contract work. Delete this paragraph if contract is not a sole source

Mark-up. a. The State will not consider any mark-up on consultant’s reimbursable expenses. b. The State will not consider any mark-up exceeding 5%, by the consultant, on any work performed by subconsultants. c. The State will not consider any mark-up on subconsultant’s reimbursable expenses. MASTER COPY DISTRIBUTED CONTRACT NO.: *** (Contractor, Accounting, Director, Project Manager, Lavallee▇▇▇▇▇▇▇▇, DFM) DEPT. ID: *** DEPARTMENT OF BUILDINGS AND GENERAL SERVICES Funny Word: *** (Revised 11/14/2022) FUND SOURCE: *** PROJECT #: *** (NOTE: Text that appears in orange letters is instructive only and should be deleted from the final SOW-Agreement. Text in yellow highlighting must be updated or deleted. Utilize or delete paragraphs as appropriate to the agreement. Text that appears in black letters should be included in the agreement as is.) STANDARD FORM OF AGREEMENT BETWEEN STATE OF VERMONT OR ANY AGENCY THEREOF AND ARCHITECT/ENGINEER AGREEMENT made this *** day of *** in the year 20***. BETWEEN Agency of Administration Department of Buildings and General Services ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ 5th Floor Montpelier, Vermont 05633 the State, and Company Name Company Address City, State and Zip Code the ARCHITECT/ENGINEER or A/E or Contractor. It is the intention of the State to ***, hereinafter referred to as the Project. The State and the ARCHITECT/ENGINEER agree as set forth below: The period of performance under this contract shall commence on ***, and end on ***, with a Substantial Completion date of ***, a Project Completion date of ***, and a Contract Completion date of ***, to allow for one year warranty inspection(s) as may be required of the construction contract work. Delete this paragraph if contract is not a sole source

Mark-up. a. The State will not consider any mark-up on consultant’s reimbursable expenses. b. The State will not consider any mark-up exceeding 5%, by the consultant, on any work performed by subconsultants. c. The State will not consider any mark-up on subconsultant’s reimbursable expenses. MASTER COPY DISTRIBUTED CONTRACT NO.: *** (Contractor, Accounting, Director, Project Manager, Lavallee, DFM) DEPT. ID: *** DEPARTMENT OF BUILDINGS AND GENERAL SERVICES Funny Word: *** (Revised 11/14/2022) FUND SOURCE: *** PROJECT #: *** (NOTE: Text that appears in orange letters is instructive only and should be deleted from the final SOW-Agreement. Text in yellow highlighting must be updated or deleted. Utilize or delete paragraphs as appropriate to the agreement. Text that appears in black letters should be included in the agreement as is.) STANDARD FORM OF AGREEMENT BETWEEN STATE OF VERMONT OR ANY AGENCY THEREOF AND ARCHITECT/ENGINEER AGREEMENT made this *** day of *** in the year 20***. BETWEEN Agency of Administration Department of Buildings and General Services ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ Montpelier, Vermont 05633 the State, and Company Name Company Address City, State and Zip Code the ARCHITECT/ENGINEER or A/E or Contractor. It is the intention of the State to ***, hereinafter referred to as the Project. The State and the ARCHITECT/ENGINEER agree as set forth below: The period of performance under this contract shall commence on ***, and end on ***, with a Substantial Completion date of ***, a Project Completion date of ***, and a Contract Completion date of ***, to allow for one year warranty inspection(s) as may be required of the construction contract work. Delete this paragraph if contract is not a sole source