Common use of Unfixed Materials Clause in Contracts

Unfixed Materials. When any materials intended for the works shall have been placed at site by the Contractor, such materials shall not be removed there from (except for the purpose of being used on the works) without the written authority of the Architect/Consultant and when the Contractor shall have received payment in respect of any Certificate in which the Architect/Consultant shall have stated that he has taken into account the value of such unfixed materials on the works, such materials shall become the property of the Bank, and the Contractor shall be liable for any loss or damage to any such materials.

Appears in 2 contracts

Sources: Construction Contract, Construction Contract