Compensable Items Sample Clauses

The "Compensable Items" clause defines which costs, services, or deliverables are eligible for payment under a contract. It typically outlines specific categories or types of work that the contractor can invoice for, such as labor, materials, equipment usage, or approved expenses. By clearly listing what is compensable, this clause ensures both parties understand what will be paid for, reducing disputes and providing clarity on the scope of reimbursable work.
Compensable Items. The liability of the Department for claims will be limited to the following specifically identified items of cost, insofar as they have not otherwise been paid for by the Department, and insofar as they were caused solely by the actions or omissions of the Department or its agents (except that with regard to payment for extra work, the Department will pay to the CMR the Overhead and profit percentages provided for in Article 13, Compensation for Changes in the Work): .1 Additional Project-site labor expenses. .2 Additional costs for materials. .3 Additional, unabsorbed Project-site Overhead (e.g., for mobilization and demobilization). .4 Additional costs for active equipment.
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Compensable Items. The liability of the Department for claims will be limited to the following specifically-identified items of cost, insofar as they have not otherwise been paid for by the Department, and insofar as they were caused solely by the actions or omissions of the Department or its agents (except that with regard to payment for extra work, the Department will pay to the Contractor the ▇▇▇▇-ups provided for in Article 1.04.05.): (1) Additional Project-site labor expenses. (2) Additional costs for materials. (3) Additional, unabsorbed Project-site overhead (e.g., for mobilization and demobilization). (4) Additional costs for active equipment. (5) For each day of Project delay or suspension caused solely by actions or omissions of the Department, either (i) an additional ten percent (10%) of the total amount of the costs identified in Subarticles (1) through (4) above; except that if the delay or suspension period prevented the Contractor from incurring enough Project costs under Subarticles (1) through (4) during that period to require a payment by the Department that would be greater than the payment described in subparagraph (ii) below, then the payment for affected home office overhead and profit shall instead be made in the following per diem amount: (ii) six percent (6%) of the original total Contract amount divided by the original number of days of Contract time. Payment under either (i) or (ii) hereof shall be deemed to be complete and mutually-satisfactory compensation for any unabsorbed home office overhead and any profit related to the period of delay or suspension. (6) Additional equipment costs. Only actual equipment costs shall be used in the calculation of any compensation to be made in response to claims for additional Project compensation. Actual equipment costs shall be based upon records kept in the normal course of business and in accordance with generally-accepted accounting principles. Under no circumstances shall Blue Book or other guide or rental rates be used for this purpose (unless the Contractor had to rent the equipment from an unrelated party, in which case the actual rental charges paid by the Contractor, so long as they are reasonable, shall be used). Idle equipment, for instance, shall be paid for based only on its actual cost to the Contractor. (7) Subcontractor costs limited to, and determined in accordance with, Subarticles (1), (2), (3), (4), and (5) above and applicable statutory and case law. Such subcontractor costs may be paid...
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Compensable Items 
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Related to Compensable Items

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