607 11TH ST 12TH ST MARINA 2016-01-01 MF Import

� PORT OF E�'ERL-7'T SECT?ON 00700 , L'r"STREL-T b1AP.1NA—VOLU1bIE l: bI.4RIlVE WORK GENERAL CONDITIONS I � macimum allowable to the Subcontracror as a Eee for overhead and profit shal]be fiftecn I (li%)percent, and 3. No fee sliall be payable on the basis of costs itemized under paragraph�ect�ons103.5 and 103.6. � 10.4.2 The amoun[of credit to be allowed Uy CON7RACTOR to PORT far an}'such chanee n'h�ch results in a net decrease in cost,�cill be the amount of tLe actual net decrezse. 11'hen both additicns and credits are involved in any one change,the combined ovediead and profit shall be � figured on the basis of the nct increase, if any. 10.43 Whenever die cost of any Nork is to be de!zrmined pursu�m to paragraph secti•ms 103.1 at;d � 10.3.6,CONTRACTOR will submit in fonn acccptable ro GP:GI\'LL-R ar itemi,red cost breakdo�s�n rogether with supporting data. 10.5 Cash.Ulorrances IIt is understood tl�at CONTRACTGR lias included in the Comract Price alI allon'ances and shail cause the w'ork so covered ro be done by such Subconvacrors,manufacwrers, £abricators,suppliers or distributors � and for such sums within tlie limit oF the allowauces as may be acceptable to ENGINL-FR. CONTR4CTOR aerees dmt tlte orieinal Contmct P:ice includes such sums as CONTRACTOR deems proper for wsts and profit on accouut of cash allowances. No demand for additional cost or profit in connection therc«i:h«ill be valid. f10.6 Incrcased Quantilics � 10.6.1 Tlie PORT resen�es the right ro increase the quantity of any item er por.icns of die�cork or to emit portions of the work; also to make such alterations or deciations,additions to,or omissions Crom the plans and specifications as may be detertnined dunne the progress of tlie�cork to be necessary and advisable for the proper completion d�creoE There shall be no reneeotiation of unit price based I on overruns of individual bid itertu unless Uie tolal orieinal Contract bid items ro bc renc_otiated + increases by at least[l�irty(30)percenL A rene�otiation of a unit price sl�all occur on]y on that item �vhich is incrcased more than thirty(30)perrent. I 10.63 lf bath the above conditions occur,the unit pnce for the estimated amount sl�all reniau,as set forth in thc bid proposal and additional ]esser price upon:he demand of either the PORT or die CONTRACTOR. A unit price 'utcrease may be allo�eed only if the CONTR4CTOI'.can ( satisfactonly demonsVate and decument tlmt ilie increasc in the said quantity resulted in the CONTR4CTOR's increased cos[in providine thz said irem,over lhe aboce that cost incuaed in providing the estim�ted yuantiry of the bid i�em. .4ny reneeotiatzd price shall onl,v account for the � demonsvated increused cost in proaiding the incre�sed quantity. .4 decrease in unil cost for d�at amount in addition to die estimated quantiry shall be allo�eed only if the PORT establishes that the unit:o;t t"or sucl� additional quantitizs was less than the unit cost Ifar d�e estimated quanti[y." 10.7 Decreased Quantitics ( The PORT reserves tl�e ri;ht to decrease the quanti�y of any item er ponion of d�e work or to omrt port�ons of che��rork,alro to make sech alterations or deviations, additions to, or omissiens fom�tUe plans ar•d specifications as ma}•be detzrmined dur'v�g die nroeress of the work to be necessary and ad��isabie for thz I proper completion tltereof.There shall be no;eneeot�ation of unit prices for undermns of quantities o; specific bid items unless the entire Contract cost zstimatz is underrun by fifrzen(15)percent of[he t.�ta: estimated onginal cost stated in the ConVact and if the specific bid item tu bz renegotiated underran ee Iestimare stated quantiry for such i[em by ereater than,:,iR}'(�0)percent. \Vhere bo[h conditions exis:.tit I00700- �1