Overhead definition

Overhead means those amounts which are intended to recover a proportion of the Supplier’s or the Key Sub-Contractor’s (as the context requires) indirect corporate costs (including financing, marketing, advertising, research and development and insurance costs and any fines or penalties) but excluding allowable indirect costs apportioned to facilities and administration in the provision of Supplier Personnel and accordingly included within limb (a) of the definition of “Costs”;

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Overhead means all costs associated with management, supervision, insurance, as-built preparation and warranty, administration and supervision at the Place of Work (including the provision of and maintaining office coordination, office costs, supervision, site trailer, telephone service, and long-distance charges) courier, permits, insurance and small tools and general office supplies as required for the performance of the Work.”

Overhead means those amounts which are intended to recover a proportion of the Supplier’s or the Sub-Contractor’s (as the context requires) indirect corporate costs (including financing, marketing, advertising, research and development and insurance costs and any fines or penalties) but excluding allowable indirect costs apportioned to facilities and administration in the provision of Supplier Personnel and accordingly included within limb (a) of the definition of Charges;

Examples of Overhead in a sentence

• The current Overhead Rate is eight and twenty two hundredths percent (8.22%).

• New 11.5 kV to 345 kV Overhead transmission lines utilizing wood and steel structures.

• Billing Rates by Classification Labor Classification 2020 Rate Overhead Sub Total Profit Total $/hr 182.20% 9% Project Manager 60 109.32 169.32 15.24 $184.56 Senior Scientist/P.

• Contractor may be required to load, haul, handle, store in a secure place, and transport said materials from or to designated storage yards to or from assigned destinations or sites at which the Work is to be performed and as may be required for the performance of the Work in accordance with the Agreement, Overhead Line Emergency Restoration Services Agreement and all manufacturers' recommendations.

• The following allocations will be applied to the Direct Labor Charges: Payroll Overhead Charge will be calculated to recover costs associated with labor, such as pension, benefits, lost time and payroll taxes.

More Definitions of Overhead

Overhead means the percentage which the Contractor may add to the cost of personnel, equipment and materials supplied on a force account basis and shall include head office overhead, project management, bonding, insurance, site office accommodations, site supervision, clerical and all other expenses incurred by the Contractor in relation to the Work.

Overhead means the cost of administration, field office and home office costs (including extended costs), general superintendence, office engineering and estimating costs, other required insurance, materials used in temporary structures (not including form work), additional premiums on the performance and payment bonds of the Contractor, the use of small tools, scheduling costs, cumulative impact costs and all other costs incidental to the performance of a change in the Work or to the cost of doing business. Small tools are defined as any tool with a replacement value less than $1,000.

Overhead means those amounts which are intended to recover a proportion of the Supplier’s or the Sub-Contractor’s (as the context

Overhead means (a) payroll costs and other compensation of the Construction Manager’s employees in the Construction Manager's principal and branch offices including but not limited to, estimators, project managers, assistant project managers, and project engineers; (b) general and administrative expenses of the Construction Manager's principal and branch offices including charges against the Construction Manager for delinquent payments, and (c) costs related to the correction of defective work; and (c) the Construction Manager's capital expenses, including interest on capital used for the Work.

Overhead means any necessary costs and expenses which are incurred in the performance of the Work excluding “labor”, “materials,” “labor burden,” and construction equipment”.

Overhead means all costs associated with management, supervision, insurance, as-built preparation and warranty, administration and supervision at the Place of

Overhead means all costs associated with management, supervision, insurance,