Common use of Contractor’s Equipment Clause in Contracts

Contractor’s Equipment. Payment for required equipment owned by the Construction Management or an affiliate of the Contractor will be based solely on an hourly rate derived by dividing the current appropriate monthly rate by 176 hours. No payment will be made under any circumstances for repair costs, freight and transportation charges, fuel, lubricants, insurance, any other costs and expenses, or overhead and profit. Payment for such equipment made idle by delays attributable to the Government will be based on one-half the derived hourly rate under this subsection. • Materials. Incorporated and unincorporated materials as permitted under Sections 9.1.2 (b) and 9.1.2 (c).

Appears in 5 contracts

Samples: Construction Management Agreement, Construction Management Agreement, Construction Management at Risk Services Agreement

AutoNDA by SimpleDocs

Contractor’s Equipment. Payment for required equipment owned by the Construction Management or an affiliate of the Contractor Construction Manager will be based solely on an hourly rate derived by dividing the current appropriate monthly rate by 176 hours. No payment will be made under any circumstances for repair costs, freight and transportation charges, fuel, lubricants, insurance, any other costs and expenses, or overhead and profit. Payment for such equipment made idle by delays attributable to the Government will be based on one-half the derived hourly rate under this subsection. Materials. Incorporated and unincorporated materials as permitted under Sections 9.1.2 (b) and 9.1.2 (c)Section 9.1.

Appears in 2 contracts

Samples: Construction Management at Risk Agreement, Construction Management at Risk Agreement

AutoNDA by SimpleDocs

Contractor’s Equipment. Payment for required equipment owned by the Construction Management or an affiliate of the Contractor Construction Manager will be based solely on an hourly rate derived by dividing the current appropriate monthly rate by 176 hours. No payment will be made under any circumstances for repair costs, freight and transportation charges, fuel, lubricants, insurance, any other costs and expenses, or overhead and profit. Payment for such equipment made idle by delays attributable to the Government will be based on one-half the derived hourly rate under this subsection. • Materials. Incorporated and unincorporated materials as permitted under Sections 9.1.2 (b) and 9.1.2 (c).

Appears in 1 contract

Samples: Construction Management at Risk Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!