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<br />00700 - 27/38 <br /> <br />B. It is understood that labor, materials, and equipment may be furnished by the <br />CONTRACTOR or by the subcontractor on behalf of the CONTRACTOR. When <br />all or any part of the extra Work is performed by a subcontractor, the allowance <br />specified herein shall be applied to the labor, materials, and equipment costs of <br />the subcontractor, to which the CONTRACTOR may add five (5) percent of the <br />subcontractor's total cost for the extra Work. Regardless of the number of <br />hierarchical tiers of subcontractors, the five (5) percent increase above the <br />subcontractor's total cost which includes the allowances for overhead and profit <br />specified herein may be applied one time only for each separate Work <br />transaction. <br /> <br />11.5 EXCLUDED COSTS <br /> <br />A. The term "cost of the Work" shall not include any of the following: <br /> <br />1. Payroll costs and other compensation of CONTRACTOR's officers, <br />executives, principals (of partnership and sole proprietorships) general <br />managers, engineers, architects, estimators, attorneys' auditors <br />accountants, purchasing and contracting agents, expediters, time <br />keepers, clerks, and other personnel employed by CONTRACTOR <br />whether at the site or in CONTRACTOR's principal or a branch office for <br />general administration of the Work and not specifically covered by <br />Paragraph 11.3F all of which are to be considered administrative costs <br />covered by the CONTRACTOR's allowance for overhead and profit; <br /> <br />2. Expenses of CONTRACTOR's principal and branch offices other than <br />CONTRACTOR's office at the site; <br /> <br />3. Any part of CONTRACTOR's capital expenses, including interest on <br />CONTRACTOR's capital employed for the Work and charges against <br />CONTRACTOR for delinquent payments; <br /> <br />4. Cost of premiums for all Bonds and for all insurance whether or not <br />CONTRACTOR is required by the Contract Documents to purchase and <br />maintain the same (except for the cost of premiums covered by <br />Paragraph 11.4 above); <br /> <br />5. Costs due to the negligence of CONTRACTOR, any Subcontractor, or <br />anyone directly employed by any of them or for whose acts any of them <br />may be liable, including but not limited to, the correction of defective work, <br />disposal of materials or equipment wrongly supplied, and making good <br />any damage to property. <br /> <br /> <br /> <br /> <br /> <br />ARTICLE 12 -- CHANGE OF CONTRACT TIME <br /> <br />12.1 GENERAL <br />