Walsh Construction Company II LLC 6/7/2021

by the Owner. This results in the Gross Amount of Additional Home Office Overhead Compensation. 4. Adjusting the Gross Amount of Additional Home Office Overhead Compensation for any additional contribution for Overhead received by the Contractor on any Change Orders that are being presented and resolved concurrently with the subject calculation for Unabsorbed and/or Extended Home Office Overhead. The necessary adjustment would be to reduce the Gross Amount of Additional Home Office Overhead Compensation by any additional compensation for Overhead included in any direct cost claims being resolved concurrently with any claim for Extended and/or Unabsorbed Home Office Overhead. B. Contractor shall not receive compensation for cost of use of equity capital. 9.7 Force Account A. If Work or materials are to be paid for by Force Account, payment amounts will be determined and Contractor shall contemporaneously prepare, keep and maintain records segregated and allocated by time, location and item of Work in compliance with this subsection. Such records must be contemporaneously countersigned by the Owner or the Owner's Representative (or its designee). Any records not countersigned by the Owner or Owner's Representative shall be excluded from the calculation of payment under this subsection. B. The payments provided for herein shall be full payment for all Work done on a Force Account basis. The payment shall be deemed to cover all expenses of every nature, kind, and description, including all Overhead expenses, profit, occupational tax and any other Federal or State revenue acts, premiums on public liability and property damage insurance policies, and for the use of small tools and equipment for which no rental is allowed. Force Account is determined by Section 9.8 through 9.13 below. C. No Contract Claim for Force Account shall be allowed except upon written order by the Owner's Representative for Extra Work prior to the performance of the Extra Work. No Extra Work shall be construed as Force Account Work that can be measured under the Specifications and paid for at the unit prices or lump sum named in the Contract. D. The Owner's Representative shall compute the amount and costs of any Work to be paid by Force Account, and the amount certified by the Owner's Representative shall be final as provided in 3.2. Owner's Representative. E. The Contractor's wage, payroll, and cost records pertaining to Work paid for on a Force Account basis shall be open to inspection or audit as provided in ARTICLE 17. AUDITS. 9.8 Force Account Labor. A. The Owner will reimburse the Contractor for labor and for supervision by foremen dedicated solely to the particular Force Account item of Work, but not for supervision by general superintendents or general foremen. The Owner's Representative will compute the labor payment on the basis of these four factors: Replacement of Reservoir 2 General Conditions WO# UP3658 00 72 13 - 54