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.3 rental costs of machinery and equipment,exclusive of hand tools, whether rented from the Contractor
<br /> or others;
<br /> (Paragraphs deleted)
<br /> §7.3.7 The amount of credit to be allowed by the Contractor to the Owner for a deletion or change which results in a
<br /> net decrease in the Contract Sum shall be actual net cost as confirmed by the Architect.When both additions and
<br /> credits covering related Work or substitutions are involved in a change,the allowance for overhead and profit shall
<br /> be figured on the basis of net increase, if any, with respect to that change.
<br /> §7.3.8 Pending final determination of the total cost of a Construction Change Directive to the Owner, amounts not in
<br /> dispute for such changes in the Work shall be included in Applications for Payment accompanied by a Change
<br /> Order indicating the parties' agreement with part or all of such costs.For any portion of such cost that remains in
<br /> dispute,the Architect will make an interim deternunation for purposes of monthly certification for payment for those
<br /> costs.That deternunation of cost shall adjust the Contract Sum on the same basis as a Change Order,subject to the
<br /> right of either party to disagree and assert a claim in accordance with ARicle 4.
<br /> §7.3.9 When the Owner and Contractor agree with the determination made by the Architect concerning the
<br /> adjustments in the Contract Sum and Contract Time,or otherwise reach agreement upon the adjustments,such
<br /> agreement shall be effective immediately and shall be recorded by preparation and execution of an appropriate
<br /> Change Order.
<br /> 7.3.10 In Subparagraph 7.3.6, the allowance for the combined overhead and profit included in the total cost to the
<br /> Owner shall be based on the following schedule:
<br /> .1 For the general Contractor for Work performed by the Contractor's own forces, 10 percent
<br /> of the cost. �
<br /> .2 For the General Contractor, for Wark performed by the Contractor's subcontractor 8
<br /> percent of the amount due the subcontractor.
<br /> .3 For each subcontractor, sub-subcontractor, or supplier, involved for Work performed by
<br /> that subcontractor's or suppliers own forces, 8 percent of the cost.
<br /> .4 Cost to which overhead and profit is to be applied shall be deternuned in accordance with
<br /> Subparagraph 73.6.
<br /> .5 In order to facilitate checking of quotations for extras or credits, all proposals, except those
<br /> so minor that their propriety can be seen by inspection, shall be accompanied by a complete
<br /> itemization of costs including labor, materials and Subcontractors. Labor and materials
<br /> shall be itemized in the manner prescribed above. Where major cost items are subcontracts,
<br /> they shall be itemized. In no case will a charge involving over $200.00 be approved
<br /> without such itemization.
<br /> .6 Far deleted work the credit shall be the net cost.
<br /> 7.3.11. The overhead and profit charges referred to in the preceding paragraphs (7.3.3.3, 7.3.6, and 7.3.10 above) shall
<br /> constitute full reimbursement for all costs of supervision, engineering, field and main office expense, premiums on
<br /> insurance and bonds,sma11 tools,incidental job burdens,etc."
<br /> §7.4 MINOR CHANGES IN THE WORK
<br /> §7.4.1 The Architect will have authority to order minor changes in the Work not involving adjustment in the
<br /> Contract Sum or extension of the Contract Time and not inconsistent with the intent of the Contract Documents.
<br /> Such changes shall be effected by written order and shall be binding on the Owner and Contractor.The Contractor
<br /> shall carry out such written orders promptly.
<br /> ARTICLE 8 TIME
<br /> §8.1 DEFINITIONS
<br /> §8.1.1 Unless otherwise provided,Contract Time is the period of time,including authorized adjustments, allotted in
<br /> the Contract Documents for Substantial Completion of the Work.
<br /> AIA Document A201 TM-1997.Copyright OO 1911,1915,1918,1925,1937,1951,1958,1961,1963,1966,1970,1976,1987 and 1997 by The American
<br /> Institute of Architects. All rlghts reserved. WARNING:This AIA� Document is protected by U.S.Copyright Law and International Treaties. 26
<br /> Unauthorized reproduction or distribution of this AIA� Document,or any portion of it,may result in severe civil and criminal penalties,and will be
<br /> prosecuted to the maximum extent possible under the law. This document was produced by AIA software at 16:16:56 on 03/13/2007 under Order
<br /> No.UNLICENSED which expires on 11/18/2007,and is not for resale.
<br /> User Notes: (2584627897)
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