Common use of CONTRACT RATES Clause in Contracts

CONTRACT RATES. A. Repairs, Standard Rate: The Standard Rate shall apply to any repair that does not meet the criteria for Premium Rate. The Contractor shall perform routine repairs as directed by the City during the term of this contract. The Contractor shall be compensated for such repairs at the Standard Rate shown on the bid form. Materials used during routine repairs will be reimbursed at Contractor's cost plus 10%. All subcontracted work accomplished during routine repairs will be reimbursed at the Contractor's cost plus 5%.

CONTRACT RATES. A. Repairs, Standard Rate: The Standard Rate shall apply to any repair that does not meet the criteria for Premium Rate. The Contractor shall perform routine repairs as directed by the City during the term of this contract. The Contractor shall be compensated for such repairs at the Standard Rate shown on the bid formBid Form. Materials used during routine repairs will be reimbursed at Contractor's cost plus 10%. All subcontracted work accomplished during routine repairs will be reimbursed at the Contractor's cost plus 5%.