REA Final - 22 Dec 20 - eBook - 1682 pages

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EXHIBIT “C” Attachment to Agreement No. 1213126J-000.620027 dated July 16, 2018, by and between Spearhead Construction LLC. and Skanska/Walsh JV for Furnish and Install Building Framing & Partitions for Pedestrian Bridge B at LaGuardia Central Terminal Building Replacement Project, Queens, New York. all applicable discounts) or more and Subcontractor owned equipment is not available, and provided further that Subcontractor has obtained competitive bids that Contractor may review and approve. 2) When a prolonged rental period is anticipated, Subcontractor shall use its best efforts to stipulate in the rental agreement the maximum total rental payable for such tools and equipment. F) Small Tools Small Tools means individual pieces of equipment or tools having an initial purchase price (IPP) of One Thousand Dollars ($1,000.00) or less utilized by the Subcontractor. The equipment consists of powered and non-powered tools associated with the Subcontractor’s Work. Small Tools includes equipment (I) previously owned by the Subcontractor, (ii) newly purchased by the Subcontractor, or (iii) rented from third party sources. The percentage increments for overhead and profit as stated in Section 5 shall be the source for Subcontractor’s compensation for Small Tools. 5. Definition of Overhead and Profit Mark-up A) By definition the overhead and fee percentage (%) includes, but is not limited to, the following;  Furnishing all items required in accordance with Contract Documents.  All supervision (including for on-site supervisory personnel).  Direct office staff project management and on-site operating expense.  Indirect administrative or off-site office support expenses  Small tools (classified as equipment/tool of $1,000.00 in value or less).  Guarantee  Record drawings, "as-builts", and specified close-out documents and submittals.  Consumables  Safety  Fee B) Allowed Mark-up Percentages: Category Mark-up %Allowed Prime Subcontractor Field Labor performed or Materials/ Equipment supplied (f.o.b. jobsite) directly through this Subcontractors own forces. + 15%

Field

Labor

performed Supplied

or

Materials/Equipment (f.o.b. jobsite) directly through 2 nd Tier Subcontractors’ own forces on behalf of and under the direction of Contractor’s Subcontractor. Field Labor performed or Materials/ Equipment supplied (f.o.b. jobsite) directly through 2 nd Tier Subcontractors’ own forces. Lower-tier Subcontractors’ Field Labor performed or Materials/Equipment Supplied (f.o.b. jobsite) directly by Lower-tier Subs or Suppliers. own forces on behalf of

Prime Subcontractor’s : 2 nd Tier Subcontractors’

+ 5%

2 nd Tier Subcontractor

+ 10%

2 nd Tier Subcontractor

+ 5%

Exhibit C, Page 11 of 12

Alternates, Unit Prices, and Labor Rates

Version 4.0

(05.2009 ed. Rev. 1)