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Premier Field Development Inc 6/25/2019
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Premier Field Development Inc 6/25/2019
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Last modified
7/16/2021 11:46:47 AM
Creation date
6/28/2019 10:08:23 AM
Metadata
Fields
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Contracts
Contractor's Name
Premier Field Development Inc
Approval Date
6/25/2019
Council Approval Date
5/15/2019
Department
Parks
Department Project Manager
Mark Harrison
Subject / Project Title
Phil Johnson Ballfields Renovation
Tracking Number
0001860
Total Compensation
$3,847,270.00
Contract Type
Capital Contract
Retention Period
10 Years Then Transfer to State Archivist
Document Relationships
Premier Field Development Inc 12/2/2019 Change Order 1
(Contract)
Path:
\Documents\City Clerk\Contracts\Capital Contract
Premier Field Development Inc. 6/21/2021 Change Order 3
(Contract)
Path:
\Documents\City Clerk\Contracts\Capital Contract
Premier Field Development Inc. 9/28/2020 Change Order 2
(Contract)
Path:
\Records\City Clerk\Contracts\10 Years Then Transfer to State Archivist\2020
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I <br /> I <br /> and contemporaneous cost records that segregate and allocate costs(a)between base Contract Work <br /> and the work for which additional compensation is sought and(b)between each item of work for <br /> which additional compensation is sought. Claims for inefficiency shall only be based and <br /> calculated by a comparison of productivity of similar Work performed in an unaffected or least <br /> affected area of the Project. <br /> 5. No claim for consequential damages of any kind will be allowed. <br /> 9.5.3 Unabsorbed and Extended Overhead <br /> Any Extended or Unabsorbed Overhead to which the Contractor may be entitled shall be calculated using <br /> the Eichleay formula by: <br /> 1. Determining the pro-rata amount of Overhead allocable to the subject project. This is <br /> accomplished by multiplying Overhead costs by the ratio of the subject project's billings to the <br /> Contractor's overall billings during the overall period of the subject Project's performance. The <br /> ' result is"Allocable Overhead." <br /> a. Any additional and unresolved direct cost claims presented by the Contractor concurrently <br /> with any request for Extended and/or Unabsorbed Overhead shall not be included in <br /> ' determining the ratio of the subject Project billings to overall Contractor billings for the <br /> period of project performance. <br /> 2. Determining the daily amount of Allocable Overhead for the subject Project. This is <br /> ' accomplished by dividing the Allocable Overhead for the subject Project by the number of days <br /> (as contractually defined)of Contract performance. The result is the Daily Rate of Allocable <br /> Overhead. <br /> 3. Determining the gross amount of potential additional compensation for Home Office Overhead <br /> due to the project extension. This is accomplished by multiplying the Daily Rate of Allocable <br /> Overhead by the number of days of project extension caused solely by the Owner. This results in <br /> the Gross Amount of Additional Home Office Overhead Compensation. <br /> 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 /> I <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 /> General Conditions—007200-35 <br /> I <br />
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