Subcontractor Costs Clause Samples
The Subcontractor Costs clause defines how expenses incurred by subcontractors are handled within a contract. It typically outlines which costs are reimbursable, sets limits or approval requirements for certain expenditures, and may specify documentation needed for cost verification. This clause ensures that both parties have a clear understanding of which subcontractor-related expenses are covered, thereby preventing disputes and promoting transparency in project budgeting.
Subcontractor Costs. Compensation for subcontractors shall be limited to the same restrictions imposed on the Contractor. Maximum markup Contractor may apply to subcontractor fees, minus reimbursable expenses, shall not exceed %.
Subcontractor Costs. Payments made by the Contractor to Subcontractors, which payments shall be made in accordance with the requirements of the Contract Documents.
Subcontractor Costs. The term "Subcontractor Costs" shall mean the ------------------- amounts payable to third parties for providing goods or medical services for Capitation/Case Rate Revenues contracts.
Subcontractor Costs. This is defined as payments Design-Builder makes to Subcontractors for changed Work performed by Subcontractors of any tier. The Subcontractors’ cost of Work shall be calculated and itemized in the same manner as prescribed herein for Design-Builder.
Subcontractor Costs. 9.2.2.1. Payments actually made by Contractor to Subcontractors for prosecution of the Work in accordance with the requirements of their agreements with Contractor, but only for agreements to the extent they have been specifically consented to in writing by Owner. Consent to such agreements shall not create any liability for Owner and shall not excuse Contractor from complying with the terms of this Agreement.
Subcontractor Costs. Payments the Contractor makes to Subcontractors for Changed Work performed by Subcontractors of any tier. The cost of Work for Subcontractors of any tier shall be determined in the same manner as prescribed in this Section 13.2.
Subcontractor Costs. 9.4.3.1. Payments actually made by DESIGN BUILD CONTRACTOR to Subcontractors for prosecution of the Work in accordance with the requirements of their agreements with DESIGN BUILD CONTRACTOR, but only for agreements to the extent they have been specifically consented to in writing by Director. Consent to such agreements shall not create any liability for City and shall not excuse DESIGN BUILD CONTRACTOR from complying with the terms of this Agreement.
Subcontractor Costs a. Unless waived in writing for good cause, by the CITY, the CMAR must obtain competitive pricing and subcontracts, in compliance with the requirements of this Article, for One Hundred Percent (100%) of the ▇▇▇▇’▇ Direct Construction Cost required under this Contract. All subcontracts and purchase orders shall be awarded according to the following procedure:
▇. ▇▇▇▇ shall prepare for the CITY's review and approval a list of subcontractors and suppliers for each bid who meet the ▇▇▇▇'▇ schedule of minimum requirements. CMAR shall obtain bids from a minimum of three (3) such subcontractors for each subcontract, when available. After receiving such bids, CMAR shall analyze them and make recommendations to the CITY for awards. When the CITY has approved the award of any such subcontract or purchase order, CMAR shall contract solely in its own name and behalf, and not in the name or behalf of the CITY, with the specified subcontractor or supplier. The subcontract shall provide that the Subcontractor shall perform its portion of the Work in accordance with all applicable provisions of this Contract and the other Contract Documents;
ii. Subcontractor shall be bound to the ▇▇▇▇, to the same extent as the ▇▇▇▇ is bound to the CITY, to name the CITY as an additional insured on its comprehensive general liability insurance;
iii. Subcontractor shall provide an insurance certificate evidencing the same; that the CMAR shall have the right to terminate the subcontract in the same manner and by the same method as provided for termination of this Contract by the CITY, or as otherwise provided in the subcontract, whichever is more protective of the City’s interest; and
iv. CMAR shall sign and cause each Subcontractor to sign an Assignment of Rights under the Construction Subcontract. Nothing contained herein shall impose on the CITY an obligation to assume any subcontract or make any payments to any Subcontractor to perform, and nothing contained herein shall create any contractual relationship between the CITY and any subcontractor.
b. If the CITY shall approve as the selected subcontractor or supplier a bidder whose bid exceeds that of the bidder recommended by the CMAR, whose bid complies with the Contract Documents (the amount by which the bid of the selected subcontractor exceeds the bid of the bidder recommended by the CMAR is referred to herein as the "Preferred Subcontractor cost differential"), then the CITY may designate that the Guaranteed Maximum Price shall be ...
Subcontractor Costs. When pre-approved by the County Site Project Manager, the use of subcontractors or specialized services shall be reimbursed as follows:
Subcontractor Costs. Where the work is covered by unit prices contained in the Contract documents or an applicable subcontract, the Cost of the Work shall be determined by application of unit prices to the quantities of items involved.