Common use of Subcontracted Work Clause in Contracts

Subcontracted Work. For administration and all overhead costs in connection with Subcontract Work, the DB Contractor will receive an amount equal to five percent (5%) of the cost of the Subcontracted Work. This shall fully compensate the DB Contractor for administration, general superintendence, overhead, profit, and expenses not otherwise recoverable with respect to subcontracted Work. This shall not apply to the following: (i) Subcontracts with Affiliates; or (ii) Subcontracts with Suppliers. Overhead and profit costs will be addressed as described below: Subcontractor’s overhead and profit in computing the value of the credit. Reimbursable expenses shall be limited to and comply with the FARs. Expenses excluded by the FARs shall not be reimbursed.

Appears in 2 contracts

Sources: Design Build Agreement, Design Build Agreement