Common use of Time and Material and Time and Expense Payments Clause in Contracts

Time and Material and Time and Expense Payments. If an Order allows for payment based on Time and Material and Time and Expense, the following will apply: (i) For Work performed on a time and material basis, daily labor time reports, in duplicate, shall be submitted to Company designated supervisor for approval, by each employee furnished by the Provider. The duplicate approved time report will be retained by the Company and the original returned to the Provider for billing purposes. (ii) Provider’s employee shall sign each daily labor time report and shall accurately detail the employee’s title/job classification, the nature of Work performed, equipment operated, and the actual time the employee started and ended working for the day, time not worked for lunch period and breaks and all time employee was off of Work premises during an established Work period irrespective of reason for this absence.