Common use of Material Costs Clause in Contracts

Material Costs. Material costs for Change Order work shall be the actual cost of all materials to be used in the performance of construction work including normal wastage allowance as per industry standards, less salvage value, plus 15% for profit and overhead. The material prices shall be supported by valid quotes and invoices from Suppliers. The cost shall include applicable sales taxes, freight and delivery charges and any allowable discounts.

Appears in 23 contracts

Samples: Capital Maintenance Agreement, Capital Maintenance Agreement, Capital Maintenance Agreement

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Material Costs. Material costs for Change Order work shall be the actual cost of all materials to be used in the performance of construction work including normal wastage allowance as per industry standards, less salvage value, the Maintenance Services plus a 15% markup for profit and overhead. The material prices shall be supported by valid quotes and invoices from Suppliers. The cost shall include applicable sales taxes, freight and delivery charges and any allowable discounts.

Appears in 9 contracts

Samples: Capital Maintenance Agreement, Capital Maintenance Agreement, Capital Maintenance Agreement

Material Costs. Material costs for Change Order work shall be the actual cost of all materials to be used in the performance of construction work work, including normal wastage allowance as per industry standards, less salvage value, plus 15% for profit and overhead. The material prices shall be supported by valid quotes and invoices from Suppliers. The cost shall include applicable sales taxes, freight and delivery charges charges, and any allowable discounts.

Appears in 8 contracts

Samples: Capital Maintenance Agreement, Capital Maintenance Agreement, Capital Maintenance Agreement

Material Costs. Material costs for Change Order work Work shall be the actual cost of all materials to be used in the performance of construction work the Construction Work including normal wastage allowance as per industry standards, less salvage value, plus 15% for profit and overhead. The material prices shall be supported by valid quotes and invoices from Suppliers. The cost shall include applicable sales taxes, freight and delivery charges and any allowable discounts.

Appears in 3 contracts

Samples: Design Build Agreement, Design Build Agreement, Design Build Contract

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Material Costs. Material costs for Change Order work shall be the actual cost Direct Cost of all materials to be used in the performance of construction work including normal wastage allowance as per industry standards, less salvage value, plus 15% for profit and overhead. The material prices shall be supported by valid quotes and invoices from Suppliers. The cost shall include applicable sales taxes, freight and delivery charges and any allowable discountsthe suppliers.

Appears in 1 contract

Samples: Design/Build Comprehensive Development Agreement

Material Costs. Material costs for Change Order work shall be the actual cost of all materials to be used in the performance of construction work including normal wastage allowance as per industry standards, less salvage value, plus 1525% for profit and overhead. The material prices shall be supported by valid quotes and invoices from Suppliersthe suppliers. The cost shall include applicable sales taxes, freight and delivery charges and any allowable discounts.

Appears in 1 contract

Samples: Statewide Toll System Integration and Maintenance Agreement

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