Common use of Cost of Materials, etc Clause in Contracts

Cost of Materials, etc. The cost of all materials, supplies, equipment, temporary facilities and hand tools not owned by the workers that are used or consumed in the performance of the Work, less the salvage or residual value on such items used, but not consumed on the Work that remain the property of the Design-Builder, including without limitation the costs of inspection and testing not furnished by the Owner, storage and handling;

Cost of Materials, etc. The cost of all materials, supplies, equipment, temporary facilities and hand tools not owned by the workers that are used or consumed in the performance of the Work, less the salvage or residual value on such items used, but not consumed on the Work that remain the property of the Design-BuilderConstruction Manager, including without limitation the costs of inspection and testing not furnished by the Owner, storage and handling;