FABRICATION PROCESS Clause Samples

FABRICATION PROCESS. Delta Steel agrees to perform the previously described fabrication processes according to the following price schedule: o Inventory/Plate Provision: Steel cost plus $.045 per pound on the gross weight Scrap from burning and braking belongs to FWT. o Burning: $.04 per pound on the net weight of the finished product o Braking: $.115 per pound on the net weight of the finished product (adjusted based on incentive pricing). The weight is determined based on the plate weight actually broken. Thus, the weight will be less than the weight logged at the burning stage.