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What is general contractor’s overhead and profit (“GCO&P”)?

April 26, 2017contractor overhead profit

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What is general contractor’s overhead and profit (“GCO&P”)?

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GCO&P is an amount that may be charged by a general contractor for, among other things, supervising, scheduling, and/or coordinating work and/or materials supplied by subcontractors in the course of repairing damage to a building or structure.