Common use of Mark-up Clause in Contracts

Mark-up. The Consultant shall be entitled to a mark-up of 5% for its overhead and profit with respect to Reimbursable Services; provided, however, the Consultant shall NOT be entitled to any mark-up with respect to (1) long distance travel, (2) filing fees, (3) printing costs, and (4) expediting services. (a) In the event that a Project is federally funded, and if prohibited by the federal funding source, the Consultant shall not be entitled to any mark up for overhead and profit on payments for Reimbursable Services. All costs and expenses for overhead and or profit in connection with the provisions of Reimbursable Services are deemed included in the design fee for design services or if applicable the all-inclusive hourly rates for time card services.