THE PORTION OF THE PROPOSAL Clause Samples

The clause titled "THE PORTION OF THE PROPOSAL" defines which specific part or section of a submitted proposal is being referenced or is applicable under the agreement. In practice, this clause might identify a particular section, such as the scope of work, pricing, or deliverables, that is relevant for contractual obligations or evaluation. By clearly specifying the relevant portion, the clause ensures that both parties understand exactly which elements of the proposal are binding or subject to review, thereby reducing ambiguity and potential disputes over interpretation.
THE PORTION OF THE PROPOSAL. RELATING TO LABOR, BY THE FORCES OF ANY OF THE CONTRACTORS, MAY INCLUDE: REASONABLY ANTICIPATED GROSS WAGES OF JOB SITE LABOR, INCLUDING FOREMEN, WHO WILL BE DIRECTLY INVOLVED IN THE CHANGE IN THE WORK (FOR SUCH TIME AS THEY WILL BE SO INVOLVED), PLUS PREMIUM COSTS OF OVERTIME TIME, IF OVERTIME IS ANTICIPATED; A MAXIMUM LABOR BURDEN OF THIRTY NINE PERCENT (39%) OF THE ACTUAL COST OF LABOR BY ANY SUCH CONTRACTOR IN CONNECTION WITH SUCH LABOR; AND UP TO FIFTEEN PERCENT (15%) OF SUCH ANTICIPATED GROSS WAGES AND LABOR BURDEN, AS OVERHEAD AND PROFIT FOR ANY SUCH CONTRACTOR, AS APPLICABLE (SAID OVERHEAD AND PROFIT TO INCLUDE ALL EXTENDED GENERAL CONDITIONS AND SUPERVISION).
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THE PORTION OF THE PROPOSAL. RELATING TO MATERIALS MAY INCLUDE THE REASONABLY ANTICIPATED DIRECT COSTS TO THE CONTRACTOR OR TO ANY OF ITS SUBCONTRACTORS OF MATERIALS TO BE PURCHASED FOR INCORPORATION IN THE CHANGE IN THE WORK, PLUS TRANSPORTATION AND APPLICABLE SALES AND USE TAXES AND UP TO FIFTEEN PERCENT (15%) OF SAID DIRECT MATERIAL COSTS AS OVERHEAD AND PROFIT FOR THE CONTRACTOR OR ANY OF ITS SUBCONTRACTORS (SAID OVERHEAD AND PROFIT TO INCLUDE ALL SMALL TOOLS), AND MAY FURTHER INCLUDE THE CONTRACTOR’S AND ANY OF ITS SUBCONTRACTOR'S REASONABLY ANTICIPATED RENTAL COSTS IN CONNECTION WITH THE CHANGE IN THE WORK (EITHER ACTUAL OR DISCOUNTED LOCAL PUBLISHED RATES), PLUS UP TO SIX PERCENT (6%) THEREOF AS OVERHEAD AND PROFIT FOR ANY OF THE CONTRACTORS, AS APPLICABLE (SAID OVERHEAD AND PROFIT TO INCLUDE ALL EXTENDED GENERAL CONDITIONS AND SUPERVISION). IF ANY OF THE ITEMS INCLUDED IN THE LUMP SUM PROPOSAL ARE COVERED BY UNIT PRICES CONTAINED IN THE CONTRACT DOCUMENTS, THE OWNER MAY, IF IT REQUIRES THE CHANGE IN THE WORK TO BE PERFORMED ON A LUMP SUM BASIS, ELECT TO USE THESE UNIT PRICES IN LIEU OF THE SIMILAR ITEMS INCLUDED IN THE LUMP SUM PROPOSAL, IN WHICH EVENT AN APPROPRIATE DEDUCTION WILL BE MADE IN THE LUMP SUM AMOUNT PRIOR TO THE APPLICATION OF ANY ALLOWED OVERHEAD AND PROFIT PERCENTAGES. NO OVERHEAD AND PROFIT SHALL BE APPLIED TO ANY UNIT PRICES.
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Related to THE PORTION OF THE PROPOSAL

  • Upon completion of the Project the Recipient shall make a full and complete accounting to the OPWC of the Eligible Project Cost.

  • Completion of the Project The Participating County acknowledges it is obligated to undertake and complete the design and construction of the Project in compliance with all of the applicable terms and conditions of the Project Documents and the Participating County agrees to use its best efforts to cause the completion of design and construction of the Project in compliance with the applicable terms and conditions of such documents. The Participating County agrees to complete the Project in accordance with this Agreement and consistent with the scope, cost and schedule established by the Board and attached hereto in Exhibit A, as such scope, cost and schedule may be modified with the approval of Finance and the recognition of the Board.

  • Duration of the Processing Personal Data will be Processed for the duration of the Agreement, subject to Section 4 of this DPA.

  • Condition of the Premises Tenant has examined the Premises, including the appliances and fixtures (☐ and furnishings), and acknowledges that they are in good condition and repair, normal wear and tear excepted, and accepts them in its current condition, except for:

  • Condition of the Property All bidders shall be deemed to have carried out all investigations and examinations of the Property and the title particulars at their own costs and expenses and upon being successful, accept the property in the state and condition in which the Property is at the date of the auction sale.