Off-Site Storage of Materials and Equipment Clause Samples

The Off-Site Storage of Materials and Equipment clause governs the conditions under which materials and equipment intended for a project may be stored at a location other than the project site. Typically, this clause outlines requirements such as prior approval from the owner, proof of insurance, and documentation verifying ownership and readiness for delivery. For example, it may allow a contractor to store large or sensitive items in a secure warehouse until they are needed on-site. The core function of this clause is to ensure that both parties have clear expectations regarding responsibility, risk, and payment for materials stored off-site, thereby reducing disputes and safeguarding project assets before installation.
Off-Site Storage of Materials and Equipment a. CONTRACTOR shall obtain prior written approval from DCAMM for permission to store materials or equipment to be incorporated in the Installation Services at off-site locations, for which progress payments will be requested (where authorized under Section 4: Payment and Schedule B-6: Payment Terms, Total Contract Value, and Energy Savings of this Contract). b. Any and all charges for storage, inspection and verification by CONTRACTOR and DCAMM, including insurance, shall be borne solely by CONTRACTOR. Before approval, DCAMM may require, without limitation (i) evidence that the off-site location in properly secure, (ii) proper proof of insurance that identifies the material and shows DCAMM as an additional insured against fire and theft in an amount sufficient to provide full replacement cost and proof of satisfactory contractual arrangements for transportation to the storage location, (iii) a dated signed, receipted paid invoice for the materials made out to CONTRACTOR or, if the invoice is in the name of CONTRACTOR’s or Subcontractor’s supplier, then a certification of payment (signed by an authorized company officer and notarized) from CONTRACTOR or the appropriate Subcontractor, and (iv) a notarized certificate from the CONTRACTOR stating: (i) The name of the signatory of CONTRACTOR or Subcontractor that owns the materials and/or equipment to be stored; (ii) The location of such storage facility, including the storage space (i.e. the entire premises or certain areas of a warehouse giving the number of floors or portions thereof), and a certification that CONTRACTOR has visited such location, verified the storage of such material or equipment therein or thereon (including confirmation that the materials verified payment of all current storage charges); (iii) The date(s) on which the material or equipment is first stored at such facility; and (iv) A description of the materials or equipment stored, including quantities, types, manufacturers and other identification information, such as serial numbers, and a certification that the materials and/or equipment meet the requirements of the Contract Documents. c. CONTRACTOR shall furnish to DCAMM, at least once per month, a current inventory of all materials or equipment being stored at any off-site location. CONTRACTOR shall ▇▇▇▇ each sealed carton or other item with the name of the Project and “DCAMM”, and all materials or equipment stored off- site shall be segregated to the extent required by DCAMM or CONT...
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Related to Off-Site Storage of Materials and Equipment

  • Materials and Equipment ‌ Material means property that may be consumed or expended during performance, component parts of a higher assembly, or items that lose their individual identity through incorporation into an end item. Equipment means a tangible item that is functionally complete for its intended purpose, durable, nonexpendable, and needed for performance. Materials and Equipment shall be priced in accordance with the terms of the task order award, contract type, and applicable FAR and agency-specific regulatory supplements. Unless otherwise directed by task order terms and conditions, the Contractor may apply indirect costs to materials and equipment consistent with the Contractor’s usual accounting practices.

  • Storage of Materials Borrower shall cause all materials supplied for or intended to be utilized in the construction of the Improvements but not affixed to or incorporated into the Property to be stored on the Property or at such other location as may be approved by Lender in writing, with adequate safeguards to prevent loss, theft, damage or commingling with other materials not intended to be utilized in the construction of the Improvements.

  • Selection of Subcontractors, Procurement of Materials and Leasing of Equipment The contractor shall not discriminate on the grounds of race, color, religion, sex, national origin, age or disability in the selection and retention of subcontractors, including procurement of materials and leases of equipment. The contractor shall take all necessary and reasonable steps to ensure nondiscrimination in the administration of this contract. a. The contractor shall notify all potential subcontractors and suppliers and lessors of their EEO obligations under this contract. b. The contractor will use good faith efforts to ensure subcontractor compliance with their EEO obligations.

  • Quality of Materials and workmanship The Contractor shall ensure that the Construction, Materials and workmanship are in accordance with the requirements specified in this Agreement, Specifications and Standards and Good Industry Practice.

  • Materials and Improvements Title to materials, improvements, and other property required of PURCHASER by this contract shall vest in and become the property of STATE at the time such are furnished by PURCHASER and accepted by STATE. Only materials, improvements, and property free and clear of liens, claims, and encumbrances shall be furnished by PURCHASER. All existing improvements located on State land, and any improvements placed on State land by PURCHASER which become the property of STATE, shall be safeguarded by PURCHASER. If such improvements are injured, damaged, or removed from the areas of operations by PURCHASER or by contractors of PURCHASER, such improvements shall be repaired (or replaced, in the event of removal,) as soon as possible by PURCHASER, without cost to STATE.