Mark-up Sample Clauses

Mark-up a. The State will not consider any mark-up on consultant’s reimbursable expenses. b. The State will not consider any mark-up exceeding 5%, by the consultant, on any work performed by subconsultants. c. The State will not consider any mark-up on subconsultant’s reimbursable expenses. MASTER COPY DISTRIBUTED CONTRACT NO.: *** (Contractor, Accounting, Director, Project Manager, Lavallee, DFM) DEPT. ID: *** DEPARTMENT OF BUILDINGS AND GENERAL SERVICES Funny Word: *** (Revised 11/14/2022) FUND SOURCE: *** PROJECT #: *** (NOTE: Text that appears in orange letters is instructive only and should be deleted from the final SOW-Agreement. Text in yellow highlighting must be updated or deleted. Utilize or delete paragraphs as appropriate to the agreement. Text that appears in black letters should be included in the agreement as is.) AGREEMENT made this *** day of *** in the year 20***. BETWEEN Agency of Administration Department of Buildings and General Services ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ Montpelier, Vermont 05633 the State, and Company Name Company Address City, State and Zip Code the ARCHITECT/ENGINEER or A/E or Contractor. It is the intention of the State to ***, hereinafter referred to as the Project. The State and the ARCHITECT/ENGINEER agree as set forth below: The period of performance under this contract shall commence on ***, and end on ***, with a Substantial Completion date of ***, a Project Completion date of ***, and a Contract Completion date of ***, to allow for one year warranty inspection(s) as may be required of the construction contract work. Delete this paragraph if contract is not a sole source

Mark-up. The term “Mark-Up” means the full amount of compensation that Design Build Entity is entitled to for mark-up on Extra Work for overhead and profit but are not costs included in the Direct Cost of Work of Extra Work. Mark-Up shall instead be calculated as set forth in the “Mark- Up for Direct Cost of Work for Extra Work” section in these General Conditions.

Mark-up. Mileage n/a 2. Mailing and Deliveries n/a

Mark-up. Fee / Overhead and Profit. Markup for overhead and profit, which shall be used to compensate Contractor for all costs for all administration, general conditions, and supervision, including, without limitation: 17.8.1.4.1. All home office overhead, field office overhead, field office personnel including, but not limited to, principals, project managers, superintendents, supervisory foremen, estimators, project engineers, detailers, draftsmen, schedulers, consultants, watchmen, payroll clerks, administrative assistants, labor compliance costs and secretaries. 17.8.1.4.2. All field and field office expenses including, but not limited to, field trailers, parking, storage sheds, office equipment and supplies, telephone service and long distance telephone calls, computers, fax machines, temporary utilities, sanitary facilities and services, janitorial services, small tools and equipment with a cost under $1000 each, portable scaffolding, blocking, shores, appliances, job vehicles, security and fencing, conformance to regulatory requirements including compliance to safety regulations, safety programs and meetings, cartage, warranties, As-Built Drawings, as well as any related maintenance costs. 17.8.1.4.3. Administrative functions such as, but not limited to, reviewing, coordinating, distributing, processing, posting, recording, estimating, negotiating, expediting, engineering, drawing, detailing, revising shop drawings, carting, cleaning, protecting the work, and other incidental Work related to the change. 17.8.1.4.4. All other costs and taxes required to be paid, but not included under direct costs as defined above including, without limitation, payroll taxes, social security, etc. 17.8.1.4.5. All costs for Contractor’s bonds and insurance.

Mark-up. For market consistency purposes, the Resort informs that a minimum mark up of 25% must be applied to the rates agreed on this contract. The given rates are only available as part of a touristic package and under no circumstances can be sold separated from other touristic services or online without the written confirmation of the Hotel. The Operator will be responsible for the use that its partners might do of these rates. If the Operator does not follow any of the below requirements, the Resorts keeps the right to cancel the contract and any future bookings. In case of disparity with the best available Resort rate in the official website (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) the Tour Operator can apply a net price equivalent to the 20% discount of the published Price, excluding special promotions or Advance Purchase rates.

Mark-up. (a) Project Co is not entitled to any mark-up for profit, overhead or otherwise, due to an increase in any Taxes included in the Cost of the Work. Project Co shall be entitled to claim for the increase in cost equal to the amount of such included Tax on the uncompleted Cost of the Work. Owner will be entitled to withhold payment to Project Co of a sum equal to the amount of any reduction in such included Tax on the uncompleted portion of the Work, only if the Owner has not already benefited from said reduction in such included Tax by a decrease in the Guaranteed Price in accordance with Section 30.2.

Mark-up a. Consultant ▇▇▇▇-up on sub-consultant work: Not-to-Exceed 5% b. The State will not consider any mark-up on consultant’s reimbursable expenses. c. The State will not consider any mark-up on subconsultant’s reimbursable expenses. ATTACHMENT C: STANDARD STATE PROVISIONS FOR CONTRACTS AND GRANTS REVISED DECEMBER 15, 2017

Mark-up. The aggregate mark-up(s) of all subcontract tiers shall not exceed fifteen (15%) of all Subcontractors’ Direct Labor Costs and Subcontractors’ Direct Materials & Equipment Costs. Deleted Work. When the Judicial Council is entitled to a credit for deleted Work, the credit shall include all amounts related to the direct labor, Subcontractor insurance and bond costs, or Contractor-provided contractor default insurance protection in lieu of Subcontractor bonds, materials, and supervision plus overhead of the Contractor or Subcontractor, for the deleted Work. Deleted Contractor fee shall be computed as five percent (5%) of the sum for amounts related to the direct labor, materials, and supervision for the deleted Work.

Mark-up. The Consultant shall be entitled to a mark-up of 5% for its overhead and profit with respect to Reimbursable Services; provided, however, the Consultant shall NOT be entitled to any mark-up with respect to (1) long distance travel, (2) filing fees, (3) printing costs, and (4) expediting services. (a) In the event that a Project is federally funded, and if prohibited by the federal funding source, the Consultant shall not be entitled to any mark up for overhead and profit on payments for Reimbursable Services. All costs and expenses for overhead and or profit in connection with the provisions of Reimbursable Services are deemed included in the design fee for design services or if applicable the all-inclusive hourly rates for time card services.