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' i i ... . � . <br /> � <br /> 1 � C . Article 4 : Administration of the Contract <br /> � Add the following subparagraph: <br /> � <br /> 4 . 5 . 8 Any arbitration hearings necessary hereunder shall <br /> be conducted and held in Nashville, Tennessee . <br /> � � D., Article 5 : Subcontractors � <br /> I i <br /> � Delete the last sentence from subparagraph 5 . 2 . 1 . Add the <br /> following subparagraph: <br /> 5 . 2 . 1 . 1 No work shall be commenced until approval of such <br /> ' subcontractors has been given in writing by the <br /> Owner. If required, the Contractor shall furnish <br /> evidence satisfactory to the Owner, showing that <br /> , any or all proposed subcontractors are competent <br /> to execute the various parts of the work covered <br /> by their subcontracts . <br /> ' � E. Article 7 : Changes in the Work <br /> � <br /> Make the following changes to subparagraph 7 . 3 . 6 : <br /> � ! � In the first sentence, delete the words "a reasonable <br /> ' allowance for overhead and profit" and substitute "an <br /> , � j allowance for overhead and profit in accordance with the <br /> � schedule set forth in subparagraph 7 . 3 . 6 . 6 below. " <br /> I <br /> ' Add new subparagraph 7 . 3 . 6 . 6 : <br /> ,� I <br /> , � � The allowance for overhead and profit combined, included <br /> in the total cost to the Owner, shall be based on the <br /> ' following schedule: <br /> 1 . For General Contractor, 150 of the cost of the work <br /> ' i performed by own forces . <br /> 2 . For each subcontractor, 100 of cost of the work <br /> ' performed by own forces . <br /> 3 . Markup for General Contractor, for work performed by <br /> ; his Subcontractors, 5 percent of the amount due the <br /> � Sub-subcontractor. <br /> 4 . In order to facilitate checking of quotations for <br /> ' extras or credits, all proposals shall be accompanied <br /> by a complete itemization of costs including labor, <br /> j materials, and Subcontracts . Labor and materials shall <br /> be itemized in the manner prescribed above. Where <br /> ' major cost items are Subcontracts, they shall be <br /> itemized also . <br /> � � <br /> � � <br /> I ' <br /> Noveiber 25 , 1998 00800-3 98088 . 00 <br /> ' j ' <br />