2010 Construction and Material Specifications - Ohio Department of ...

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109.05
overhead provided the criteria set forth in 109.05.D.2.f.(1) and 109.05.D.2.f.(2) are
met.
Payment will be made for every eligible day beyond the original
contract completion date at the rate determined by 109.05.D.2.f.i. Payment for
eligible days occurring during an unanticipated construction period will be
calculated in accordance with 109.05.D.2.f.ii. Payment for eligible days occurring
during an unanticipated winter period will be calculated in accordance with
109.05.D.2.f.iii.
formula:
(i) Home Office Overhead Daily Rate
Calculate the home office overhead daily rate using the following
Daily HOOP = (A × C)/B
Where:
A = original contract amount
B = contract duration in Calendar Days
C = value from Table 109.05-5
TABLE 109.05-5
Original Contract Amount C
Up to $5,000,000 0.08
$5,000,001 to $25,000,000 0.06
Over $25,000,000 0.05
Daily HOOP = home office overhead daily rate
Contract duration term, B, includes every Calendar Day from the
execution of the Contract, unless otherwise specified by the Director, to the
original Contract Completion Date.
When the Contractor requests home office overhead
compensation for a subcontractor, use the above formula to calculate the
subcontractor’s Daily HOOP; however, in the subcontractor calculation, A is equal
to the subcontractor’s portion of the original contract amount as determined by the
sum of all approved C-92’s issued for the subcontracted work.
(ii) Home Office Overhead Payment for an Unanticipated
Construction Period
Calculate the home office overhead payment for an unanticipated
construction period occurring between May 1 and November 30 using the
following formula:
CP HOOP = Daily HOOP × D
Where:
D = sum of all excusable, compensable delays in Calendar Days minus the
sum of all delays due to 108.06.D.1 and 108.06.D.4 in Calendar Days
Daily HOOP = daily home office overhead rate