Cost Plus Proposal definition

Cost Plus Proposal means a detailed proposal created by Contractor including (i) labor costs calculated in accordance with Exhibit F, Section 2.2.1 (“Labor Costs”), (ii) Material costs, (iii) Travel Expenses, (iv) Travel Time, and (v) any other costs authorized by this Agreement to be incurred by the Contractor in performing proposed Cost Plus Work.
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Examples of Cost Plus Proposal in a sentence

  • The Contractor will not include any costs in the Cost Plus Proposal that are not allowed pursuant to Exhibit E or another part of this Agreement.

  • At the AOC’s sole discretion, the AOC may (i) approve the Cost Plus Proposal and the Contractor will complete the Work as specified in the Cost Plus Proposal; (ii) re-task the Work pursuant to the JOC Agreement; or (iii) cancel the SWO.

  • If the cost type of an SWO is “cost plus,” the Contractor will prepare a Cost Plus Proposal for completion of the relevant Work.

  • Approval/Cancellation.‌ At the Judicial Council’s sole discretion, the Judicial Council may (i) approve the Cost Plus Proposal and the Contractor will complete the Work as specified in the Cost Plus Proposal or (ii) cancel the TO.

  • Until such Total Contract Price is established, Design/Builder will proceed with the Work on a cost-reimbursable basis in accord with Exhibit "B" ("Cost Plus Proposal"); provided that once the Total Contract Price is established, credit will be allowed for any payments made on the cost-reimbursable basis.

  • Cost Plus Proposal Contents.‌ Contractor shall not include any costs in the Cost Plus Proposal that are not allowed pursuant to this Agreement.

  • Both the Total Contract Price and the Cost Plus Proposal covers all Work required to reach Contract Completion.

  • At the Judicial Council’s sole discretion, the Judicial Council may (i) approve the Cost Plus Proposal and the Contractor will complete the Work as specified in the Cost Plus Proposal or (ii) cancel the TO.

  • In no event shall the Total Contract Price or the Cost Plus Proposal exceed $5,300,000 without written approval of the Owner ("Guaranteed Maximum Price").