R2003-170 AUTHORIZING WATER MAIN AGREEMENT

Home Browse Search

- 6.4 If no specific prorision is made in Paragra�5.i for adjustment of the Contractor's Fee in the case of changes in the Work, or if the extent of such changes is such, in the aggregate,that application of the adjustment provisions of Paragraph 5.i will cause substantial inequity to the O�vner or Contractor, the Contractor's Fee shall be equitably adjusted on the basis of the Fee established for the original Work, and the Guaranteed Maximum Price shall be adjusted accordingly. ARTICLE 7 COSTS TO BE REIMBURSED 7.1 COST OF THE WORK The term Cost of the Work shall mean costs necessarily incurred by the Contractor in the proper performance of the Work. Such costs shall be at rates not higher than the standard paid at the place of the Project except with prior consent of the Owner.The Cost oE the Work shall include only the items set forth in this Article 7. 7.2 LABOR CO5T5 7.2.1 Wages of construction workers direcily employed by the Contractor to perform ihe construction of the Work at the site or,with the Owner's approval,at off-site workshops. � 7.2.2 Wages or salaries of the Contractor's supervisory and administrative personnel when stationed at the site with the Owner's approval. (If it is intended that the wages or salaries of certain personnel stationed at the Contractors principal or other offices shall be included in the Cost of the Work,identify in Article �4 the personnel to be included and�vheiher for all or only part of their time>and the rates at which their time ivill be charged to the Work.) 7.23 Wages and salaries of the Contractor's supervisory or administrative personnel engaged,at factories,workshops or on the road,in expediting the production or transportation of materials or equipment required for the W�ork,but only for that portion of their time required for the Work. 7.2.4 Costs paid or incurred by the Contractor for taxes,insurance,contributions,assessments and benefits required by la�v or collective bargaining agreements and,for personnel not covered by such agreements, customary benefits such as sick leave, medical and health benefiis, holidays, vacations and pensions,provided such costs are based on wages and salaries included in the Cost of the Work under Subparagraphs 7.Z.i through 7.2.3. 7.3 SUBCONTRACT COSTS 7.3.1 Payments made by the Contractor to Subcontractors in accordance with the requirements of the subcontracts. 7.4 COSTS OF MATERIALS AND EQUIPMENT INCORPORATED IN THE COMPLETED CONSTRUCTION 7.4.1 Costs,including transportation and storage,of materials and equipment incorporated or to be incorporated in the completed construction. 7.4.2 Costs of materials described in the preceding Subparagraph 7.4.i in excess of those (�� actually installed to allow for reasonable waste and spoilage.Linused excess materials,if any,shall become the Owner's property at the completion of the Work or,at the Owner's option,shall be oa'a�'o� sold by the Contractor.Any amounts realized Erom such sales shall be credited to the Owner as a t� � deduction from the Cost of the Work. �i 9 e� A I A� AIA DOCUMENT Alll-1997 7.5 COSTS OF OTHER MATERIALS AND EQUIPMENT, TEMPORARY FACILITIES AND OWNER-CONTRACTOR RELATED ITEMS AGREEMENT 7.5.t Costs, including transportation and storage, installation, maintenance, dismantling and The American Institute removal of materials,supplies, temporary facilities,machinery> equipment, and hand tools not of Architects customarily owned by construction workers,that are provided by the Coniractor at the sile and 1735 New York Avenue, rv.w. Washington, D.C.20006-5292 WARNING:Unlicensed photocopying violates U.S.copyright laws and will subject the violator to legal prosecution.