THE PORTION OF THE PROPOSAL Sample Clauses

THE PORTION OF THE PROPOSAL. RELATING TO LABOR, BY THE FORCES OF ANY OF THE CONTRACTORS, MAY INCLUDE: REASONABLY ANTICIPATED GROSS WAGES OF JOB SITE LABOR, INCLUDING FOREMEN, WHO WILL BE DIRECTLY INVOLVED IN THE CHANGE IN THE WORK (FOR SUCH TIME AS THEY WILL BE SO INVOLVED), PLUS PREMIUM COSTS OF OVERTIME TIME, IF OVERTIME IS ANTICIPATED; A MAXIMUM LABOR BURDEN OF THIRTY NINE PERCENT (39%) OF THE ACTUAL COST OF LABOR BY ANY SUCH CONTRACTOR IN CONNECTION WITH SUCH LABOR; AND UP TO FIFTEEN PERCENT (15%) OF SUCH ANTICIPATED GROSS WAGES AND LABOR BURDEN, AS OVERHEAD AND PROFIT FOR ANY SUCH CONTRACTOR, AS APPLICABLE (SAID OVERHEAD AND PROFIT TO INCLUDE ALL EXTENDED GENERAL CONDITIONS AND SUPERVISION).
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THE PORTION OF THE PROPOSAL. RELATING TO MATERIALS MAY INCLUDE THE REASONABLY ANTICIPATED DIRECT COSTS TO THE CONTRACTOR OR TO ANY OF ITS SUBCONTRACTORS OF MATERIALS TO BE PURCHASED FOR INCORPORATION IN THE CHANGE IN THE WORK, PLUS TRANSPORTATION AND APPLICABLE SALES AND USE TAXES AND UP TO FIFTEEN PERCENT (15%) OF SAID DIRECT MATERIAL COSTS AS OVERHEAD AND PROFIT FOR THE CONTRACTOR OR ANY OF ITS SUBCONTRACTORS (SAID OVERHEAD AND PROFIT TO INCLUDE ALL SMALL TOOLS), AND MAY FURTHER INCLUDE THE CONTRACTOR’S AND ANY OF ITS SUBCONTRACTOR'S REASONABLY ANTICIPATED RENTAL COSTS IN CONNECTION WITH THE CHANGE IN THE WORK (EITHER ACTUAL OR DISCOUNTED LOCAL PUBLISHED RATES), PLUS UP TO SIX PERCENT (6%) THEREOF AS OVERHEAD AND PROFIT FOR ANY OF THE CONTRACTORS, AS APPLICABLE (SAID OVERHEAD AND PROFIT TO INCLUDE ALL EXTENDED GENERAL CONDITIONS AND SUPERVISION). IF ANY OF THE ITEMS INCLUDED IN THE LUMP SUM PROPOSAL ARE COVERED BY UNIT PRICES CONTAINED IN THE CONTRACT DOCUMENTS, THE OWNER MAY, IF IT REQUIRES THE CHANGE IN THE WORK TO BE PERFORMED ON A LUMP SUM BASIS, ELECT TO USE THESE UNIT PRICES IN LIEU OF THE SIMILAR ITEMS INCLUDED IN THE LUMP SUM PROPOSAL, IN WHICH EVENT AN APPROPRIATE DEDUCTION WILL BE MADE IN THE LUMP SUM AMOUNT PRIOR TO THE APPLICATION OF ANY ALLOWED OVERHEAD AND PROFIT PERCENTAGES. NO OVERHEAD AND PROFIT SHALL BE APPLIED TO ANY UNIT PRICES.

Related to THE PORTION OF THE PROPOSAL

  • Duration of the Project includes the time from the beginning of the work on the Project until the Contractor's/person's work on the Project has been completed and accepted by the Owner.

  • Upon completion of the Project the Recipient shall make a full and complete accounting to the OPWC of the Eligible Project Cost.

  • Completion of the Project The Contracting Party shall complete the construction, equipping and furnishing of the Improvements in accordance with the Plans and submit to the Board a Certificate of Completion on or before November 1, 2016.

  • CONSTRUCTION OF THE BUS TERMINAL 12.1 Obligations prior to commencement of construction Prior to commencement of Construction Works, the Concessionaire shall:

  • Duration of the Processing Personal Data will be Processed for the duration of the Agreement, subject to Section 4 of this DPA.

  • Condition of the Premises Tenant has examined the Premises, including the appliances and fixtures ( and furnishings), and acknowledges that they are in good condition and repair, normal wear and tear excepted, and accepts them in its current condition, except for:

  • Condition of the Property THE LESSEE ACKNOWLEDGES AND AGREES THAT IT IS LEASING THE PROPERTY "AS IS" WITHOUT REPRESENTATION, WARRANTY OR COVENANT (EXPRESS OR IMPLIED) BY THE LESSOR AND SUBJECT TO (A) THE EXISTING STATE OF TITLE, (B) THE RIGHTS OF ANY PARTIES IN POSSESSION THEREOF, (C) ANY STATE OF FACTS WHICH AN ACCURATE SURVEY OR PHYSICAL INSPECTION MIGHT SHOW, AND (D) VIOLATIONS OF REQUIREMENTS OF LAW WHICH MAY EXIST ON THE DATE HEREOF OR ON THE ACQUISITION DATE. THE LESSOR HAS NOT MADE AND SHALL NOT BE DEEMED TO HAVE MADE ANY REPRESENTATION, WARRANTY OR COVENANT (EXPRESS OR IMPLIED) AND SHALL NOT BE DEEMED TO HAVE ANY LIABILITY WHATSOEVER AS TO THE TITLE (OTHER THAN FOR LESSOR LIENS), VALUE, HABITABILITY, USE, CONDITION, DESIGN, OPERATION, OR FITNESS FOR USE OF THE PROPERTY (OR ANY PART THEREOF), OR ANY OTHER REPRESENTATION, WARRANTY OR COVENANT WHATSOEVER, EXPRESS OR IMPLIED, WITH RESPECT TO THE PROPERTY (OR ANY PART THEREOF) AND THE LESSOR SHALL NOT BE LIABLE FOR ANY LATENT, HIDDEN, OR PATENT DEFECT THEREIN (OTHER THAN FOR LESSOR LIENS) OR THE FAILURE OF THE PROPERTY, OR ANY PART THEREOF, TO COMPLY WITH ANY REQUIREMENT OF LAW.

  • Execution of the Project Section 3.01. (a) The Borrower declares its commitment to the objectives of the Project as set forth in Schedule 2 to this Agreement, and, to this end, shall carry out the Project with due diligence and efficiency and in conformity with appropriate administrative, financial, banking, accounting and environmental practices, and shall provide, promptly as needed, the funds, facilities, services and other resources required for the Project.

  • Modification of the Programme 1. Unless otherwise explicitly stipulated in this programme agreement, any modification of the Programme is subject to prior approval by the FMC.

  • CONSTRUCTION OF THE PROJECT The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the Apartment/ Plot and accepted the floor plan, payment plan and the specification, amenities and facilities annexed along with this Agreement which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the bye-laws, FAR, and density norms and provisions prescribed by the relevant building bye-laws and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of this Agreement.

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