Common use of SUBCONTRACT SUM Clause in Contracts

SUBCONTRACT SUM. Contractor, for full, complete and timely performance of the Work, agrees to pay Subcontractor the fixed price of   dollars $  (“Subcontract Sum”). The Subcontract Sum includes, without limitation, all wages, fringe benefit costs, material costs, equipment costs, delivery and distribution costs, storage costs, taxes, insurance costs, permit and license fees, royalties, home and field office overhead and general and administrative costs and all other costs necessary to complete the Work, irrespective of when the Work is performed, or when such costs are incurred or billed.

Appears in 1 contract

Sources: Master Subcontract Agreement

SUBCONTRACT SUM. Contractor, for full, complete and timely performance of the Work, agrees to pay Subcontractor the fixed price of   dollars $  $ (“Subcontract Sum”). The Subcontract Sum includes, without limitation, all wages, fringe benefit costs, material costs, equipment costs, delivery and distribution costs, storage costs, taxes, insurance costs, permit and license fees, royalties, home and field office overhead and general and administrative costs and all other costs necessary to complete the Work, irrespective of when the Work is performed, or when such costs are incurred or billed.

Appears in 1 contract

Sources: Master Subcontract Agreement