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� � � � � I � Add new subparagraph 7.3.6.6: I ' ' The allowance for overhead and profit combined, included in the total cost to the Owner, shall 'I � be based on the following schedule: i 1. For General Contractor, 15%of the cost of the work performed by own forces. II , i 2. For each Subcontractor, 10%of cost of the work performed by own forces. ; 3. Markup for General Contractor, for work performed by his subcontractors, 5 percent of ;� the amount due the Sub-subcontractor. ' � 4. In order to facilitate checking of quotations for extras or credits, all proposals shall be � accompanied by a complete itemization of costs including labor, materials, and ' , subcontracts. Labor and materials shall be itemized in the manner prescribed above. � , Where major cost items are subcontracts,they shall be itemized also. F. Article 9: Payments and Completion � Add new subparagraph 9.3.1.3: � 9.3.1.3 The Owner will retain 10%of the amount due the Contractor on the project. (See ', contract for changes if any.) Add the following to subparagraph 9.10.2: � , � 9.10.2.1 Releases of liens shall be furnished by the Contractor on AIA Document G706A � or a form approved by the Architect. Subcontractors and materials suppliers lien I releases may be provided by the Contractor and submitted with each pay request. � 'i G. Article 11: Insurance and Bonds � I '� 11.1.1 Modify the first sentence of subparagraph 11.1.1 to read as follows: � ' The Contractor shall purchase from and maintain in a company or companies licensed to do business in the state in which the project is located such insurance as will protect the Contractor from claims set forth below which may arise out of � � or result from the Contractor's operations under the Contract and for which the Contractor may be legally liable,whether such operations be by the Contractor or i by a Subcontractor or by anyone directly or indirectly employed by any of them, � or by anyone for whose acts any of them may be liable: � Add new subparagraph: i � ' 11.1.1.8 Liability Insurance shall include all major divisions of coverage and be on a � comprehensive basis including: i , , ' Premises-Operations (including X-C-U) 'I ,i Independent Contractor's Protective 1 , Products and Completed Operations � i Personal Injury Liability. � March,3, 2000 00800-3 99048.00