PERCENT MARKUP Sample Clauses
The Percent Markup clause defines how a specified percentage is added to the cost of goods, services, or work performed under a contract. Typically, this clause outlines the base costs to which the markup applies—such as materials, subcontractor expenses, or labor—and details the exact percentage to be added. For example, a contractor may be allowed to add a 10% markup to the cost of materials purchased for a project. The core function of this clause is to transparently establish how additional charges are calculated, ensuring both parties understand the final pricing structure and preventing disputes over cost increases.
PERCENT MARKUP. Contractor’s Percent ▇▇▇▇-ups are set forth in APPENDIX C – FOOD (Commercial: Eastern Region) DOCUMENTS Number 3
PERCENT MARKUP. Contractor’s percent markup is 19% and is also set forth in Appendix C, Price Guide. Contractor agrees that the percent markup for all items shall not increase over the life of the Contract, but can decrease at any time. The percentage markup shall be the same across all regions that are bid. A decrease in percent markup is permitted at any time. Percent markup shall include, but not be limited to, any and all costs necessary to successfully serve all NYS Authorized Users, such as: • delivery to the door at facilities where there is no dedicated receiving dock • palletized or cart/hand truck delivery as required by Authorized User (see Section 20 Delivery Requirements) • “restricted” delivery (see Section 22 Restricted Delivery) • use of appropriate vehicles to accommodate site limitations • compliance with local ordinances and restrictions • furnishing special packaging for certain Authorized Users security requirements • maintenance and furnishing of an updated Price Guide
PERCENT MARKUP. Contractor’s Percent Mark-ups are set forth in APPENDIX C – FOOD (Commercial: Downstate Region) DOCUMENTS Number 3