Common use of Time and Materials Change Orders Clause in Contracts

Time and Materials Change Orders. For a time-and-materials change, Owner shall determine the adjustment to the Contract Price on the basis of actual costs as follows: a) Cost of materials and supplies (show actual unit cost multiplied by actual quantity). The cost of materials shall be at invoice price or the lowest current price at which such materials are locally available and delivered to the job site in the quantities involved, plus freight and delivery. Owner reserves the right to approve materials and sources of supply or to supply materials to ▇▇▇▇ if necessary for the progress of the work. No markup for overhead and profit shall be applied to any material provided by Owner.

Appears in 4 contracts

Sources: Construction Contract, Construction Manager at Risk Construction Agreement, Construction Contract

Time and Materials Change Orders. For a time-and-materials change, Owner shall determine the adjustment to the Contract Price on the basis of actual costs as follows: ai) Cost of materials and supplies (show actual unit cost multiplied by actual quantity). The cost of materials shall be at invoice price or the lowest current price at which such materials are locally available and delivered to the job site in the quantities involved, plus freight and delivery. Owner reserves the right to approve materials and sources of supply or to supply materials to ▇▇▇▇ D-BE if necessary for the progress of the work. No markup for overhead and profit shall be applied to any material provided by Owner.

Appears in 1 contract

Sources: Design and Construction Agreement

Time and Materials Change Orders. For a time-and-materials change, Owner shall determine the adjustment to the Contract Price on the basis of actual costs as follows: (a) Cost of materials and supplies (show actual unit cost multiplied by actual quantity). The cost of materials shall be at invoice price or the lowest current price at which such materials are locally available and delivered to the job site in the quantities involved, plus freight and delivery. Owner reserves the right to approve materials and sources of supply or to supply materials to ▇▇▇▇ D-BE if necessary for the progress of the work. No markup for overhead and profit shall be applied to any material provided by Owner.

Appears in 1 contract

Sources: Construction Services Contract

Time and Materials Change Orders. For a time-and-materials change, Owner shall determine the adjustment to the Contract Price on the basis of actual costs as follows: (a) Cost of materials and supplies (show actual unit cost multiplied by actual quantity). The cost of materials shall be at invoice price or the lowest current price at which such materials are locally available and delivered to the job site in the quantities involved, plus freight and delivery. Owner reserves the right to approve materials and sources of supply or to supply materials to ▇▇▇▇ if necessary for the progress of the work. No markup for overhead and profit shall be applied to any material provided by Owner.

Appears in 1 contract

Sources: Construction Services Contract