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§ 7.1.3 Costs shall be at rates not higher than the standard rates paid at the place of the Project, except with prior
<br />approval of the Owner.
<br />§ 7.2 Labor Costs
<br />§ 7.2.1 Wages or salaries of the Construction Manager's supervisory and administrative personnel when stationed at the
<br />site and performing Work, with the Owner's prior approval.
<br />§ 7.2.1.1 Wages or salaries of the Construction Manager's supervisory and administrative personnel when performing
<br />Work and stationed at a location other than the site, but only for that portion of time required for the Work, and limited
<br />to the personnel and activities listed below:
<br />(Identify the personnel, type of activity and, if applicable, any agreed upon percentage of time to be devoted to the
<br />Work.)
<br />• «Project Manager
<br />$105/hr.
<br />• Asst. PM / Field Engineer
<br />$75/hr.
<br />• Field Superintendent
<br />$100/hr.
<br />• Safety Director
<br />$105/hr.
<br />• MEP Coordinator
<br />$100/hr.
<br />• Clerical/Accounting
<br />$75/hr.»
<br />§ 7.2.2 If agreed rates for labor costs, in lieu of actual costs, are provided in this Agreement, the rates shall remain
<br />unchanged throughout the duration of this Agreement, unless the parties execute a Modification.:
<br />§ 7.3 Subcontract Costs
<br />Payments made by the Construction Manager to Subcontractors in accordance with the requirements of the subcontracts
<br />and this Agreement.
<br />§ 7.4 Costs of Materials and Equipment Incorporated in the Completed Construction
<br />§ 7.4.1 Costs, including transportation and storage at the site, of materials and equipment incorporated, or to be
<br />incorporated, in the completed construction.
<br />§ 7.4.2 Costs of materials described in the preceding Section 7.4.1 in excess of those actually installed to allow for
<br />reasonable waste and spoilage. Unused excess materials, if any, shall become the Owner's property at the completion of
<br />the Work or, at the Owner's option, shall be sold by the Construction Manager. Any amounts realized from such sales
<br />shall be credited to the Owner as a deduction from the Cost of the Work.
<br />§ 7.5 Costs of Other Materials and Equipment, Temporary Facilities and Related Items
<br />§ 7.5.1 Costs of transportation, storage, installation, dismantling, maintenance, and removal of materials, supplies,
<br />temporary facilities, machinery, equipment and hand tools not customarily owned by construction, workers that are
<br />provided by the Construction Manager at the site and fully consumed in the performance of the Work. Costs of
<br />materials, supplies, temporary facilities, machinery, equipment, and tools, that are not fully consumed, shall be based on
<br />the cost or value of the item at the time it is first used on the Project site less the value of the item when it is no longer
<br />used at the Project site. Costs for items not fully consumed by the Construction Manager shall mean fair market value.
<br />§ 7.5.2 Rental charges for temporary facilities, machinery, equipment, and hand tools not customarily owned by
<br />construction workers that are provided by the Construction Manager at the site, and the costs of transportation,
<br />installation, dismantling, minor repairs, and removal of such temporary facilities, machinery, equipment, and hand tools.
<br />Rates and quantities of equipment owned by the Construction Manager, or a related party as defined in Section 7.8,
<br />shall be subject to the Owner's prior approval. The total rental cost of any such equipment may not exceed the purchase
<br />price of any comparable item.
<br />§ 7.5.3 Costs of removal of debris from the site of the Work and its proper and legal disposal.
<br />§ 7.5.4 Costs of the Construction Manager's site office, including general office equipment and supplies.
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