SUBSTITUTION OF MATERIAL Sample Clauses

The Substitution of Material clause allows one party, typically a supplier or contractor, to replace specified materials with alternatives during the course of a project or contract. This clause outlines the conditions under which substitutions are permitted, such as requiring prior approval from the other party or ensuring that the alternative materials meet or exceed the original specifications. Its core function is to provide flexibility in sourcing materials while maintaining quality standards, thereby addressing issues like supply shortages or discontinued products without compromising the project's integrity.
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SUBSTITUTION OF MATERIAL. If any materials, machinery or equipment required for the construction of the VESSEL by the SPECIFICATIONS and the PLAN or otherwise under this CONTRACT cannot be procured in time to meet the BUILDER's construction schedule for the VESSEL, the BUILDER may supply, subject to the BUYER's prior approval, other materials, machinery or equipment of equal quality and effect capable of meeting the requirements of the CLASSIFICATION SOCIETY and the rules, regulations and requirements with which the construction of the VESSEL must comply.
SUBSTITUTION OF MATERIAL. If any materials, machinery or equipment required for the construction of the VESSEL by the SPECIFICATIONS and the PLAN or otherwise under this CONTRACT can not be procured in time to meet the BUILDER' s construction schedule for the VESSEL, or are in short supply, or are unreasonably high in price compared with the prevailing international market price on the date of signing this CONTRACT, the BUILDER may supply, subject to the BUYER's prior approval, other materials, machinery or equipment of equal quality and effect capable of meeting the requirements of the CLASSIFICATION SOCIETY and the rules, regulations and requirements with which the construction of the VESSEL must comply.
SUBSTITUTION OF MATERIAL. If any materials, machinery or equipment required for the construction of the VESSEL by the SPECIFICATIONS and the PLAN or otherwise under this CONTRACT cannot be procured in time to meet the BUILDER’s construction schedule for the VESSEL, or are in short supply provided that they have been timely ordered, or are unreasonably high in price compared with the prevailing international market price on the date of signing this CONTRACT provided that they have been timely ordered, the BUILDER may supply, subject to the BUYER’s prior approval in writing, other materials, machinery or equipment of equal quality and effect capable of meeting the requirements of the CLASSIFICATION SOCIETY and the rules, regulations and requirements with which the construction of the VESSEL must comply. Furthermore, it is expressly agreed that should the BUILDER have to use any steel plate made in China they will only use steel plate produced by major Chinese steel ▇▇▇▇▇ used by Hyundai Heavy Industries Group. No Brazilian steel will be used for any of the structural parts of the VESSEL without the BUYER’s prior approval in its absolute discretion. All steel for the structural parts of the VESSEL to be provided in accordance with the CLASSIFICATION SOCIETY’s standards and approvals.
SUBSTITUTION OF MATERIAL. If any materials, machinery or equipment required for the construction of the VESSEL by the SPECIFICATIONS and the PLAN or otherwise under this CONTRACT can not be procured in time to meet the BUILDER’ s construction schedule for the VESSEL, or are in short supply, or are unreasonably high in price compared with the prevailing international market price, the BUILDER may supply, subject to the BUYER’s prior approval, other materials, machinery or equipment of at least equal quality and effect capable of meeting the requirements of the CLASSIFICATION SOCIETY and the rules, regulations and requirements with which the construction of the VESSEL must comply. The BUILDER shall not be entitled to claim any extra cost if it elects to use or install substitute materials.
SUBSTITUTION OF MATERIAL. If any materials, machinery of equipment required for the construction of the VESSEL by the SPECIFICATIONS and the PLAN or otherwise under this CONTRACT cannot be procured in time to meet the BUILDER’S construction schedule for the VESSEL, or are in short supply, or are unreasonably high in price compared with the prevailing international market price, the BUILDER may supply, subject to the BUYER’S prior written approval, other materials, machinery or equipment of equal and effect capable of meeting the Rules and Regulations of the CLASSIFICATION SOCIETY and other regulatory bodies. The BUILDER shall not, however, be relieved of its obligations if such non-availability could have been for seen or occasioned by forward planning. In this case, the BUILDER shall not be entitled to an extension of the DELIVERY DATE or to increase in the CONTRACT PRICE by reason of such non-availability.
SUBSTITUTION OF MATERIAL. If, notwithstanding reasonable efforts on the part of the BUILDER, any materials, machinery or equipment required for the construction of the VESSEL by the SPECIFICATIONS and the PLAN or otherwise under this CONTRACT cannot be procured in time to meet the BUILDER’S construction schedule for the VESSEL or are in short supply (although ordered in due time by the BUILDER) or are unreasonably high in price compared with the prevailing international market price, the BUILDER may supply, at no cost to the BUYER and subject to the BUYER’S prior approval, other materials, machinery or equipment of equal quality and effect capable of meeting the requirements of the CLASSIFICATION SOCIETY and the rules, regulations and requirements with which the construction of the VESSEL must comply.
SUBSTITUTION OF MATERIAL. If a Subcontractor recommends or proposes substitution of material or other changes in the Work from the material or Work specified in the Construction Documents after bids and/or proposals for that Work have been received, evaluated and awarded, the ▇▇▇▇ shall evaluate such proposal and make a recommendation to the Architect and Owner. After Owner and Architect Approval, the ▇▇▇▇ shall process an Agreement Modification.
SUBSTITUTION OF MATERIAL. If any materials, machinery or equipment required for the construction of the VESSEL by the SPECIFICATIONS and the PLAN or otherwise under this CONTRACT can not be procured in time to meet the BUILDER's construction schedule for the VESSEL, and subject that the BUILDER acting prudently, had ordered all required items on time, the BUILDER may supply, subject to the BUYER's prior approval, other materials, machinery or equipment of equal quality and effect capable of meeting the requirements of the CLASSIFICATION SOCIETY and the rules, regulations and requirements with which the construction of the VESSEL must comply, and such substitution of materials shall be at no extra cost to the BUYER and shall not delay the delivery of the VESSEL. If there is any gain, same will be to the benefit of the BUYER. In any event, the BUILDER shall exercise due diligence to procure all materials in a timely manner. The BUYER's approval shall have no effect whatsoever on the BUILDER's undertakings in respect of the Contract. The BUYER may research the availability of alternative materials and propose the use of same to the BUILDER who shall reasonably evaluate such proposals for use in construction.
SUBSTITUTION OF MATERIAL. When an article to be supplied under this Contract is specified by its trade or other name, (whether such name is followed by the phrase "or approved equal" or not), the Tenderer shall base their Tender price on the supply of the named article and no other. After award of the Contract, the Contractor may submit a request to the Engineer for substitution of equivalent material. Such submissions shall be accompanied by complete information on the material proposed for use, together with revisions of cost that would result. Section Page SP - SP:1 Metric Units 1 SP:2 Working Days 1 SP:3 Water Levels 1 SP:4 Site Office 1 SP:5 Contingency Allowance 1 SP:6 Construction Budget 1 SP:7 Schedule of Work 1 SP:8 Progress and Coordination Meeting 2 SP:9 Payment for Delayed Work 2 SP:10 Geotechnical Information 2 SP:11 Bathymetry 2 SP:12 List of Drawings 2 SP:13 Approvals 2 SP:14 Storage of Materials 2 SP:15 Layout 2 SP:16 Sources of Armour Stone 3 SP:17 Use of Explosives 3 SP:18 Owner and Owner=s Agent 3 SP:19 Accessibility for Ontarians with Disabilites Act, 2005 3 SP:20 Existing Site Conditions 3 SP:21 List of Designated Substances 3 SP:22 Soils Management 3
SUBSTITUTION OF MATERIAL. If any materials, machinery or equipment required for the construction of the VESSEL by the SPECIFICATIONS and the PLAN or otherwise under this CONTRACT can not be procured in time to meet the BUILDER’s construction schedule for the VESSEL, or are in short supply, or are unreasonably high in price compared with the prevailing international market price, the BUILDER may supply, subject to the BUYER’s prior approval, other materials, machinery or