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IMCO General Construction, Inc. 6/10/2024
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IMCO General Construction, Inc. 6/10/2024
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Last modified
6/2/2026 2:04:05 PM
Creation date
6/10/2024 2:49:33 PM
Metadata
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Contracts
Contractor's Name
IMCO General Construction, Inc.
Approval Date
6/10/2024
Council Approval Date
12/14/2022
End Date
12/31/2026
Department
Public Works
Department Project Manager
Souheil Nasr
Subject / Project Title
Construction of Reservoir 3 Phase 1
Tracking Number
0004389
Total Compensation
$27,977,792.50
Contract Type
Capital Contract
Contract Subtype
Capital Construction Contracts and Change Orders
Retention Period
10 Years Then Transfer to State Archivist
Imported from EPIC
No
Document Relationships
IMCO General Construction, Inc. 11/17/2025 Change Order 1
(Contract)
Path:
\Documents\City Clerk\Contracts\Capital Contract\Capital Construction Contracts and Change Orders
IMCO General Construction, Inc. 5/31/2026 Change Order 2
(Contract)
Path:
\Documents\City Clerk\Contracts\Capital Contract\Capital Construction Contracts and Change Orders
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4. Adjusting the Gross Amount of Additional Home Office Overhead Compensation for any <br />additional contribution for Overhead received by the Contractor on any Change Orders that are <br />being presented and resolved concurrently with the subject calculation for Unabsorbed and/or <br />Extended Home Office Overhead. The necessary adjustment would be to reduce the Gross <br />Amount of Additional Home Office Overhead Compensation by any additional compensation for <br />Overhead included in any direct cost claims being resolved concurrently with any claim for <br />Extended and/or Unabsorbed Home Office Overhead. <br />Contractor shall not receive compensation for cost of use of equity capital. <br />9.6. FORCE ACCOUNT <br />If Work or materials are to be paid for by Force Account, payment amounts will be determined and <br />Contractor shall contemporaneously prepare, keep and maintain records segregated and allocated by time, <br />location and item of Work in compliance with this subsection. Such records must be contemporaneously <br />countersigned by the Owner or the Owner's Representative (or its designee). Any records not <br />countersigned by the Owner or Owner's Representative shall be excluded from the calculation of payment <br />under this subsection. <br />The payments provided for herein shall be full payment for all Work done on a Force Account basis. The <br />payment shall be deemed to cover all expenses of every nature, kind, and description, including all <br />Overhead expenses, profit, occupational tax and any other Federal or State revenue acts, premiums on <br />public liability and property damage insurance policies, and for the use of small tools and equipment for <br />which no rental is allowed. <br />No Contract Claim for Force Account shall be allowed except upon written order by the Owner's <br />Representative for Extra Work prior to the performance of the Extra Work. No Extra Work shall be <br />construed as Force Account Work that can be measured under the Specifications and paid for at the unit <br />prices or lump sum named in the Contract. <br />The Owner's Representative shall compute the amount and costs of any Work to be paid by Force <br />Account, and the amount certified by the Owner's Representative shall be final as provided in 3.2. <br />OWNER'S REPRESENTATIVE. <br />The Contractor's wage, payroll, and cost records pertaining to Work paid for on a Force Account basis <br />shall be open to inspection or audit as provided in ARTICLE 17. AUDITS. <br />9.6.1 Labor. <br />The Owner will reimburse the Contractor for labor and for supervision by foremen dedicated solely to the <br />particular Force Account item of Work, but not for supervision by general superintendents or general <br />foremen. The Owner's Representative will compute the labor payment on the basis of these four factors: <br />1. Weighted Wage Rate. The Weighted Wage Rate combines: <br />a. the current basic wage and fringe benefits the Contractor is required 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 />A Weighted Wage Rate shall be computed for each classification of labor used. This rate shall <br />reflect the Contractor's actual cost. It shall neither exceed what is normally paid to comparable <br />labor nor fall below the minimum required by 7.1. WAGES OF EMPLOYEES. If the Owner's <br />Representative authorizes overtime, the Weighted Wage Rate shall be determined on the same <br />basis. <br />2. Travel Allowance and Subsistence. This includes the actual costs of allowances for travel or <br />subsistence paid to employees in the course of their work on the item. This reimbursement will be <br />Reservoir 3 Replacement Phase 1 <br />Work Order No. UP3739 00 72 00 <br />GENERAL CONDITIONS March 2024 <br />
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