Overhead Fee definition

Overhead Fee means 10% of all Expenditures (other than the Overhead Fee) during the period prior to the completion of a Bankable Feasibility Report and 3% of all Expenditures (other than the Overhead Fee) thereafter.

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Overhead Fee means the monthly amount Owner pays to Builder for Builder’s division and corporate overhead with respect to the Project.1

Overhead Fee. <<FEE AMOUNT IN WORDS>>
Dollars ($<<###.##>>
) Staffing Fee: (check one) ☐
equal to the Staffing Costs in accordance with Section 16.4 of the General Conditions, or ☐
a stipulated sum of <<FEE AMOUNT IN WORDS>>
Dollars ($<<###.##>>
)

Examples of Overhead Fee in a sentence

• The Cost of the Work includes the Overhead Fee as set forth in Section 16.5 of the General Conditions.

• If the Project is delivered in phases or components with multiple GMP Amendments, each GMP Amendment will include its own Overhead Fee.

• Oncor shall invoice RTCEH monthly for RTCEH’s monthly premium subsidy, and monthly share of the Administrative Costs and Overhead Fee.

• The Construction Manager’s Fee Percentage defined above will apply to Change Order adjustments to the Construction Manager’s Fee, and Overhead Fee Percentage defined above will apply to Change Order adjustments to the Overhead Fee.

• The amount of the Overhead Fee owing to Seller by Buyer shall be paid upon the Final Settlement Date.

• In the event Seller transfers operations to Buyer or its designee between the first and last day of a calendar month, Seller shall be paid such amount of the Overhead Fee prorated over the number of days in which Seller conducted operations for such month.

• The Construction Manager’s Fee and the Overhead Fee are the amounts stated above.

• The Overhead Fee is a component of the Cost of the Work as set forth in Section 16.5 of the General Conditions.

• The Overhead Fee under the Contract is the aggregate of the sums stipulated in each GMP Amendment.

• Change Order adjustments of the Construction Manager’s Fee and Overhead Fee shall be based on the same ratios to the estimated Cost of the Work as the original fee amounts stated above.

More Definitions of Overhead Fee

Overhead Fee means the portion of "Basic Compensation" payable to Cogentrix Virginia pursuant to Section 7.01 of the Operation and Maintenance Agreement for "other personnel provided and services rendered."

Overhead Fee has the meaning provided in Section 8.1(c).

Overhead Fee means (a) with respect to the 2014 calendar year, an amount equal to Two Hundred Thirty-Five Thousand Dollars ($235,000) pro rated based on the number of days remaining in the 2014 calendar year after the Effective Date using a three hundred sixty-five (365) day calendar year, and (b) with respect to each calendar year following the 2014 calendar year, an amount equal to Two Hundred Thirty-Five Thousand Dollars ($235,000).

Overhead Fee has the meaning set forth in Section 7.4.1.