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25-REHABILITATION OF THE EAST ELEVATED STORAGE TANK
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05 May
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25-REHABILITATION OF THE EAST ELEVATED STORAGE TANK
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limited to, the correction of defective Work, disposal of materials or equipment wrongly <br />supplied, and making good any damage to property. <br />5. Other overhead or general expense costs of any kind and the costs of any item not specifically <br />and expressly included in Paragraphs 11.01.A. <br />C. Contractor's Fee: When all the Work is performed on the basis of cost-plus, Contractor's fee <br />shall be determined as set forth in the Agreement. When the value of any Work covered by a <br />Change Order or when a Claim for an adjustment in Contract Price is determined on the basis of <br />Cost of the Work, Contractor's fee shall be determined as set forth in Paragaph 12.01.C. <br />D. Documentation: Whenever the Cost of the Work for any purpose is to be determined pursuant to <br />Paragraphs 11.O1.A and 11.01.13, Contractor will establish and maintain records thereof in <br />accordance with generally accepted accounting practices and submit in a form acceptable to <br />Engineer an itemized cost breakdown together with supporting data. <br />11.02 Allowances <br />A. It is understood that Contractor has included in the Contract Price all allowances so named in the <br />Contract Documents and shall cause the Work so covered to be performed for such sums and by <br />such persons or entities as may be acceptable to Owner and Engineer. <br />B. Cash Allowances: <br />1. Contractor agrees that: <br />a. the cash allowances include the cost to Contractor (less any applicable trade discounts) of <br />materials and equipment required by the allowances to be delivered at the Site, and all <br />applicable taxes; and <br />b. Contractor's costs for unloading and handling on the Site, labor, installation, overhead, <br />profit, and other expenses contemplated for the cash allowances have been included in the <br />Contract Price and not in the allowances, and no demand for additional pa}nnent on <br />account of any of the foregoing will be valid. <br />C. Contingency Allowance: <br />1. Contractor agrees that a contingency allowance, if any, is for the sole use of Owner to cover <br />unanticipated costs. <br />D. Prior to final payment, an appropriate Change Order will be issued as recommended by Engineer <br />to reflect actual amounts due Contractor on account of Work covered by allowances, and the <br />Contract Price shall be correspondingly adjusted. <br />11.03 Unit Price Work <br />A. Where the Contract Documents provide that all or part of the Work is to be Unit Price Work, <br />initially the Contract Price will be deemed to include for all Unit Price Work an amount equal to <br />EJCDC C-700 Standard General Conditions of the ConstrucHon Contract <br />Copyright C) 2007 National Society of Professional Engineers for EJCDC. All rights reserved. <br />PaQe 45 of 62 <br />L ~ 409 <br />
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