Common use of DELETED WORK Clause in Contracts

DELETED WORK. When the JBE is entitled to a credit for Work that is deleted from or not performed on the Project, the credit shall include all amounts related to the Direct Labor Costs, subcontractor insurance and bond costs (or Contractor-provided default insurance protection costs if provided in lieu of subcontractor bonds), Direct Materials & Equipment Costs, and supervision plus the Contractor and subcontractor’s overhead for the Work that is deleted from or not performed on the Project. Credit owed to the JBE from deleted Work for Contractor fees shall be computed as five percent (5%) of the sum for amounts related to the Direct Labor Costs, Direct Materials & Equipment Costs, and supervision for the deleted Work.