Common use of Costs of Materials and Equipment Incorporated in the Work or Stored On Site Clause in Contracts

Costs of Materials and Equipment Incorporated in the Work or Stored On Site. 9.4.1 Costs, including transportation of materials and equipment incorporated or to be incorporated in the completed Work. 9.4.2 Costs of materials in excess of those actually installed, but required to provide reasonable allowance for waste and for spoilage. Unused excess materials, if any, shall be delivered to the Owner at the completion of the Work or, at the Owner's option, shall be sold by the CM/GC. Any sale shall be commercially reasonable and CM/GC shall provide accounting for such a sale within 15 Days of the transaction. Net amounts realized, if any, from such sales shall be credited to the Owner as a deduction from the Cost of the Work.

Costs of Materials and Equipment Incorporated in the Work or Stored On Site. 9.4.1 8.4.1 Costs, including transportation transportation, of materials and equipment incorporated or to be incorporated in the completed Work. 9.4.2 8.4.2 Costs of materials in excess of those actually installed, but required to provide reasonable allowance for waste and for spoilage. Unused excess materials, if any, shall be delivered to the Owner at the completion of the Work or, at the Owner's option, shall be sold by the CM/GC. Any sale shall be commercially reasonable and CM/GC shall provide accounting for such a sale within 15 Days of the transaction. Net amounts realized, if any, from such sales shall be credited to the Owner as a deduction from the Cost of the Work.

Costs of Materials and Equipment Incorporated in the Work or Stored On Site. 9.4.1 Costs, including transportation of materials and equipment incorporated or to be incorporated in the completed Work. 9.4.2 Costs of materials in excess of those actually installed, ,but required to provide reasonable allowance for waste and for spoilage. Unused excess materials, if any, shall be delivered to the Owner at the completion of the Work or, at the Owner's option, shall be sold by the CM/GC. Any sale shall be commercially reasonable and CM/GC shall provide accounting for such a sale within 15 Days of the transaction. Net amounts realized, if any, from such sales shall be credited to the Owner as a deduction from the Cost of the Work.