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