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1. Weighted Wage Rate <br /> a. A Weighted Wage Rate shall be computed for each classification of labor used. <br /> This rate shall reflect the Contractor's actual cost. It shall neither exceed what is <br /> normally paid to comparable labor nor fall below the minimum required by 7.1. <br /> Wages Of Employees. If the Owner's Representative authorizes overtime, the <br /> Weighted Wage Rate shall be determined on the same basis. <br /> 1) The Weighted Wage Rate combines: <br /> a) the current basic wage and fringe benefits the Contractor is required <br /> and has agreed to pay, <br /> b) Federal Insurance Compensation (FICA), <br /> c) Federal Unemployment Tax Act (FUTA), and <br /> d) State Unemployment Tax Act (SUTA) <br /> 2. Travel Allowance and Subsistence <br /> a. This includes the actual costs of allowances for travel or subsistence paid to <br /> employees in the course of their work on the item. This reimbursement will be <br /> made only if such allowances are required by a regional labor agreement or are <br /> normally paid by the Contractor to comparable labor for performing other work. <br /> 3. Industrial Insurance and Medical Aid Premiums <br /> a. The Owner will reimburse Contractor-paid premiums for Marine Industrial <br /> Insurance, for State of Washington Industrial Insurance, and Medical Aid <br /> Premiums that become an obligation of the Contractor and are chargeable to the <br /> Force Account Work. The Owner will not pay the Contractor for Medical Aid <br /> premiums that are paid by the employees. <br /> 4. Overhead and Profit <br /> a. The Owner will pay the Contractor twenty-nine (29) percent of the sum of the <br /> costs listed in a, b, and c above to cover Project Overhead, general company <br /> Overhead, profit, and any other costs incurred. <br /> 9.9 Force Account Materials. <br /> A. The Owner will reimburse actual invoice cost for Contractor-supplied materials. <br /> 1. This cost includes actual freight and express charges and taxes, provided that these <br /> costs have not been paid in some other manner under the Contract. <br /> 2. A deduction will be made for any offered or available discounts or rebates if the <br /> Owner has provided the Contractor with the means to comply with the provisions <br /> allowing the discount. <br /> 3. The Owner will then add twenty-one (21) percent of the balance to cover Project <br /> overhead, general company Overhead, profit, and any other cost of supplying <br /> materials. <br /> B. To support charges for materials, the Contractor shall provide the Owner's Representative <br /> with authentic, complete and accurate copies of vendor invoices, including freight and <br /> express bills. <br /> Replacement of Reservoir 2 General Conditions <br /> WO# UP3658 00 72 13 - 55 <br />