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cost to the OWNER of all elements of the project(s) designed or specified by the ARCHITECT. 3.1.2 The Construct~on Cost sha~l ~nc~uae at current market rates, ~nclua~ng a reasonab~e allowance for overhead ana profit, the cost of any equipment which has been designed, specified, se~ectea or specially prov~aea for oy the ARCHITECT, except that used materials ana equipment shall Oe included as if purchased new for the project(s). The term ~reasonable allowance for overhead and prof~t" sha~~ mean fifteen percent (15%) on the Das~s of actual cost direct~y related to the work. The actual cost shall De l~mited to: laDor, ~nclua~ng foremen, mater~a~s enter~ng permanently into the work, the ownersh~p or renta~ cost of construction plant and equipment dur~ng the time of use on the work, power ana consumabl.e supplies for the operation of power equipment, insurance ana soclal secur~ty ana o~d age ana unemployment contr~Dut~ons. 3.1.3 Construct~on Cost does not include the compensation of the ARCHITECT ana the ARCHITECT's consultants, the cost of the ~ana, rights-of-way, or other costs which are the responsib~lity of the OWNER as prov~aed ~n Art~cle 2. 3.2 RESPONSIBILITY FOR CONSTRUCTION COST 3.2.1 Evaluations of the OWNER's Project budget, Statements of ProDabl.e Construction Cost and Deta~~ea Statements of Construct~on Cost, if any, prepareaoy the ARCHITECT, represent the ARCHITECT's Dest Judgment as a des~gn professional familiar w~th the construct~on ~ndustry. 3.2.2 A f~xed lim~t of construction cost will De establ~shea for th~s ProJect(s). The ARCHITECT shall be permittea to inc~uae cont~ngencies for aesign, bidding ana prlce escalat~on, to determ~ne what mater~als, equ~pment, component systems and types of construction are to be ~ncluaea in the contract documents, to make reasonaD~e adJustments in the scope of the proJect(s) ana to ~ncl.ude in the contract documents alternate oids to adjust the construction cost to the fixed limit. The f~xea limit of construction cost may oe ~ncreased by OWNER. Any such ~ncrease ~n the fixed limit of construct~on cost shall not result ~n ~ncreasea compensation to ARCHITECT unless same ~s the result of rev~sions requested DY OWNER in accordance with Sec tion -10-