Dayworks. When Dayworks are authorized by the Engineer all equipment, labour and materials shall be paid for at the rates listed in the Schedule of Dayworks in the Bill of Quantities. All major materials for Dayworks authorized by the Engineer but not included in the Schedule of Dayworks shall be paid for on a Prime Cost basis. The Contractor shall be paid on the basis of paid invoices showing cost of materials less any discount, paid receipts for transportation and handling charges and paid receipts for insurance on materials and delivery of materials. Before authorizing the use of materials in Dayworks the Engineer may require the Contractor to supply estimates of the costs of the materials. The Contractor shall be compensated for his expenses, overhead, labour and profit involved in procuring and delivering the materials by an amount equal to a percentage of the actual cost of the Prime Cost Sum.
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Sources: Construction Contract, Construction Contract