Feasibility Negotiation Overhead Subcontracting 
Building Information Management
APRIL 24, 2016
Competitive quotations shall be secured wherever feasible, and in all instances, when requested by the Owner. Labor costs will be reimbursed to the Contractor at the unit price rate multiplied by the Contractor negotiated coefficient(s). Subcontracts. All cash discounts should be deducted in determining material costs.
Building Information Management
SEPTEMBER 18, 2015
The contractor’s coefficient is based on cost elements such as overhead, profit, minimum design costs, G&A expenses, bond premiums, and gross receipt taxes. Interagency usage can serve to reduce the overhead associated with multiple acquisitions. These contracts have much of their pricing determined by pre-award competition.
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