Materials & Consumables Sample Clauses

Materials & Consumables. Any tangible items which are not categorized as Equipment (as defined in AP-5.1.2) shall be considered Materials & Consumables. AP-5.1.4 Travel Travel expenses of the Research Institute’s Co-Principal Investigator and Project Personnel who are listed in Appendix 2 to present Research Results or to participate in a seminar or workshop which contribute to the progress of the Collaborative Research shall be allowable as Direct Costs. Such travel expenses may be incurred in accordance with the Research Institute’s internal travel policies, regulations, and rules, but the travel expenses incurred must be commercially reasonable. . AP-5.1.5 Personnel Other than the Co-Principal Investigator, personnel costs for Project Personnel whose work is directly required for the accomplishment of the Collaborative Research including salaries, wages, and fringe benefits are allowed as Direct Costs, but such costs shall be reasonable and conform to the established internal policies of the Research Institute consistently applied, and shall reasonably reflect the percentage of time actually devoted to the Collaborative Research.

Materials & Consumables. Costs of materials and consumable items which are furnished and incorporated into the Work, as approved by City, or that would have been incorporated into the Work in the case of deleted work shall be at the lowest price available to Contractor but in no event shall such costs exceed competitive wholesale prices obtainable from other Subcontractors, suppliers, manufacturers and distributors in the general vicinity of the site. If City determines, in its discretion, that the cost of materials is excessive, or if Contractor fails to furnish satisfactory evidence of the cost from the actual supplier thereof, then in either case the cost of the materials shall be deemed to be the lowest wholesale price at which similar materials are available in the quantities required at the time they were needed. The City reserves the right to furnish such materials as it deems advisable, and Contractor shall have no claim for costs or profits on materials so furnished. Material invoices must be included with the extra work report to obtain payment.

Materials & Consumables. 1. The Contractor must procure and maintain adequate stocks of all materials and consumables necessary for the proper and timeous execution of the Service. All materials must comply with the specifications referred to in this RFP or, where there is no specification for a particular item, the material or consumable in question must be of an appropriate quality and standard, be durable and fit for purpose. 2. The iSimangaliso Authority is deemed to be the owner of all such goods immediately after they are brought into the Park. The iSimangaliso Authority reserves the right on termination of the Contract Agreement to purchase the materials and equipment in stock at cost less wear and tear. 3. The Contractor must properly store, secure and care for all materials and consumables, and must maintain appropriate stock records. The iSimangaliso Authority, or its representative, may order the Contractor to remove any work or materials which it considers defective or environmentally-hazardous, and if the Contractor fails to do so, may itself remove and replace defective work or materials at the Contractor’s cost. 4. The stores and stock records referred to above must be available at all times for inspection by the iSimangaliso Authority or its representative.