Valdez Construction 6/12/2023 - Laserfiche WebLink

I City of Everett 00 7200 - 38 r a. the current basic wage and fringe benefits the Contractor is required and has agreed to pay, b. Federal Insurance Compensation(FICA), I c. Federal Unemployment Tax Act(FUTA),and d. State Unemployment Tax Act(SUTA) A Weighted Wage Rate shall be computed for each classification of labor used.This rate shall reflect the Contractor's actual cost.It shall neither exceed what is normally paid to comparable labor nor fall below the minimum required by 7.1.WAGES OF EMPLOYEES.If the Owner's 111 Representative authorizes overtime,the Weighted Wage Rate shall be determined on the same basis. 2. Travel Allowance and Subsistence.This includes the actual costs of allowances for travel or subsistence paid to employees in the course of their work on the item.This reimbursement will be made only if such allowances are required by a regional labor agreement or are normally paid by the Contractor to comparable labor for performing other work. 3. Industrial Insurance and Medical Aid Premiums.The Owner will reimburse Contractor-paid premiums for Marine Industrial Insurance,for State of Washington Industrial Insurance,and Medical Aid Premiums that become an obligation of the Contractor and are chargeable to the Force Account Work.The Owner will not pay the Contractor for Medical Aid premiums that are paid by the employees. 4. Overhead and Profit. The Owner will pay the Contractor twenty-nine(29)percent of the sum of the costs listed in a,b,and c above to cover Project Overhead,general company Overhead,profit, and any other costs incurred. 9.6.2. Materials. The Owner will reimburse actual invoice cost for Contractor-supplied materials. This cost includes actual freight and express charges and taxes,provided that these costs have not been paid in some other manner under the Contract.A deduction will be made for any offered or available discounts or rebates if the Owner has provided the Contractor with the means to comply with the provisions allowing the discount. The Owner will then add twenty-one(21)percent of the balance to cover Project overhead,general company Overhead,profit,and any other cost of supplying materials. To support charges for materials,the Contractor shall provide the Owner's Representative with authentic, complete and accurate copies of vendor invoices,including freight and express bills.If invoices are not available for materials from the Contractor stocks,the Contractor shall certify actual costs by affidavit. If Contract Claims for materials costs are too high,inappropriate,or unsupported by satisfactory evidence,the Owner's Representative may determine the cost for all or part of the materials.When determined in this manner,the cost will be the lowest current wholesale price from a source that can supply the required quantity,including delivery costs. The Owner reserves the right to provide materials.If so,the Contractor will receive no payment for any costs,Overhead, or profit on such materials. 9.6.3. Equipment. The equipment rates shall be actual cost but shall not exceed the rates set forth in the AGC/WSDOT Equipment Rental Agreement in effect at the time the Work is performed, I The approval of the Owner's Representative shall be required for the selection of machine-power tools or equipment prior to their use in Force Account situations. The payment for any machine-power tools or equipment shall be made according to the current AGC/WSDOT Equipment Rental Agreement in effect at the time the Force Account is authorized.The rates as set forth in the Rental Rate Blue Book(as modified by the current AGC/WSDOT Equipment Rental Agreement)are the maximum rates allowable for equipment of modern design and in good I 00 7200 - 38 GENERAL CONDITIONS