PAYMENT FOR EXTRA WORK. .1 The Minister shall pay to the Property Manager all approved directly incurred costs for subcontractor’s labour and materials supplied as Extra Work. Federal Goods and Services Tax shall not be considered as directly incurred costs. .2 Extra Work includes all labour, material and equipment to complete the Work as required or as directed by the Minister and includes those items listed in the Extra Work Schedule. .3 The Property Manager may charge labour rates on Extra Work for employee labour, which has been agreed upon in writing by the Minister. Labour rates shall include all overhead costs. .4 Labour costs for any Extra Work activities performed during specified working hours by Field Staff, who are required as part of Operations, is not considered Extra Work. .5 For Extra Work approved by the Minister and performed by the Property Manager’s own personnel, or by Subcontractors, the Property Manager shall be entitled to 10% markup.
Appears in 3 contracts
Sources: Property Management Agreement, Property Management Agreement, Property Management Agreement