Faber Construction 8/14/2017 - Laserfiche WebLink

CITY OF EVERETT SPECIAL PROVISIONS 1 the subject Project's performance. The result is "Allocable Overhead." Any ' additional and unresolved direct cost claims presented by the Contractor concurrently with any request for Extended and/or Unabsorbed Overhead shall not be included in determining the ratio of the subject Project billings to overall Contractor billings for the period of project performance. 2. Determining the daily amount of Allocable Overhead for the subject Project. This is accomplished by dividing the Allocable Overhead for the subject ' Project by the number of days, (as contractually defined) of Contract performance. The result is the Daily Rate of Allocable Overhead. 3. Determining the gross amount of potential additional compensation for Home Office Overhead due to the project extension. This is accomplished by multiplying the Daily Rate of Allocable Overhead by the number of days of project extension caused solely by the City. 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. Contractor shall not receive compensation for cost of use of equity capital. 1-09.5 Deleted or Terminated Work ' Delete the first paragraph, beginning with "The Engineer may delete", and the second paragraph, beginning with "Payment for completed items", and substitute the following: The City's Representative may delete Work as provided in 1-04.4 CHANGES or may ' terminate the Contract in whole or part as provided in 1-08.10(2) TERMINATION FOR PUBLIC CONVENIENCE. When the Contract is partially terminated for the City's convenience, the partial termination shall be treated as a deductive Change Order for payment purposes under this section. Payment for completed items will be at contract unit prices or pursuant to the Schedule of Values. ' Delete the fourth paragraph, beginning with "Contract Time", and the fifth paragraph, beginning with "Acceptable Materials", and substitute the following: Acceptable materials ordered by the Contractor prior to the date the Work was ' terminated or deleted will either be purchased from the Contractor by the City at the actual cost and shall become the property of the City, or the City will reimburse the Contractor for the actual costs of returning these materials to the suppliers. ' If Contractor disagrees with the adjustment of Contract Sum determined by the City's Representative, Contractor may submit a Contract Claim for the difference between the amount determined by the City's Representative and the amount sought by the Contractor. Contractor shall not be entitled to any anticipated profits on deleted, terminated, or uncompleted Work will be allowed. Sewer Regulators R4 and Division 1 -GENERAL REQUIREMENTS May 2017 R39 Modifications WO No-UP3633 SP-111