QUESTION

Some of the items of the MMCD contract have been removed or not shown. We need to know on a unit rate contract what is the percentage of Overhead and Markup to be given when an item is deleted for the contract and a credit is required? Currently we are working with 10% and 5 % on all contract revisions for extra work being done.

COMMENT

GC 9.4.6 applies. Either the Owner or the Contractor may request a revised unit price. The revised unit price is subject to 9.4.3(1)b. Check out the Contract Considerations Video “Cost Types and Reimbursability”.