Common use of Costs of Materials and Equipment Clause in Contracts

Costs of Materials and Equipment. Incorporated in the Completed Construction § 6.4.1 Costs, including transportation and storage, of materials and equipment incorporated or to be incorporated in the completed construction. § 6.4.2 Costs of materials described in the preceding Section 6.4.1 in excess of those actually installed to allow for reasonable waste and spoilage. Unused excess materials, if any, shall become the Owner’s property at the completion of the Work or, at the Owner’s option, shall be sold by the Construction Manager. Any amounts realized from such sales shall be credited to the Owner as a deduction from the Cost of the Work.

Appears in 2 contracts

Samples: Standard Form of Agreement Between Owner and Construction Manager as Constructor, Standard Form of Agreement Between Owner and Architect (Nu Skin Enterprises Inc)

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Costs of Materials and Equipment. Incorporated in the Completed Construction § 6.4.1 7.4.1 Costs, including transportation and storagestorage at the site, of materials and equipment incorporated incorporated, or to be incorporated in the completed construction. § 6.4.2 7.4.2 Costs of materials described in the preceding Section 6.4.1 7.4.1 in excess of those actually installed to allow for reasonable waste and spoilage. Unused excess materials, if any, shall become the Owner’s 's property at the completion of the Work or, at the Owner’s 's option, shall be sold by the Construction ManagerContractor. Any amounts realized from such sales shall be credited to the Owner as a deduction from the Cost of the Work.

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Contractor

Costs of Materials and Equipment. Incorporated in the Completed Construction § 6.4.1 Costs, including transportation and Owner-approved storage, of materials and equipment incorporated or to be incorporated in the completed construction. § 6.4.2 Costs of materials described in the preceding Section 6.4.1 in excess of those actually installed to allow for reasonable waste and spoilage. Unused excess materials, if any, shall become the Owner’s property at the completion of the Work or, at the Owner’s option, shall be sold by the Construction Manager. Any amounts realized from such sales shall be credited to the Owner as a deduction from the Cost of the Work.the

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Construction Manager as Constructor

Costs of Materials and Equipment. Incorporated in the Completed Construction § 6.4.1 Costs, including transportation and Owner- approved storage, of materials and equipment incorporated or to be incorporated in the completed construction. § 6.4.2 Costs of materials described in the preceding Section 6.4.1 in excess of those actually installed to allow for reasonable waste and spoilage. Unused excess materials, if any, shall become the Owner’s property at the completion of the Work or, at the Owner’s option, shall be sold by the Construction Manager. Any amounts realized from such sales shall be credited to the Owner as a deduction from the Cost of the Work.

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Construction Manager as Constructor

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Costs of Materials and Equipment. Incorporated in the Completed Construction § 6.4.1 Costs, including transportation and storage, of materials and equipment incorporated or to be incorporated in the completed construction. § 6.4.2 Costs of materials described in the preceding Section 6.4.1 in excess of those actually installed to allow for reasonable waste and spoilage. Unused excess materials, if any, shall become the Owner’s property at the completion of the Work or, at the Owner’s option, shall be sold by the Construction Manager. Any amounts realized from such sales shall be credited to the Owner as a deduction from the Cost of the Work.the

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Construction Manager as Constructor

Costs of Materials and Equipment. Incorporated in the Completed Construction § 6.4.1 Costs, including transportation and Owner-approved storage, of materials and equipment incorporated or to be incorporated in the completed construction. § 6.4.2 Costs of materials described in the preceding Section 6.4.1 in excess of those actually installed to allow for reasonable waste and spoilage. Unused excess materials, if any, shall become the Owner’s property at the completion of the Work or, at the Owner’s option, shall be sold by the Construction Manager. Any amounts realized from such sales shall be credited to the Owner as a deduction from the Cost of the Work.

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Construction Manager as Constructor

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