Common use of Records of Defined Cost Clause in Contracts

Records of Defined Cost. In order to substantiate the Defined Cost of compensation events, the Employer may require the Contractor to keep records of amounts paid by him for people employed by the Contractor, Plant and Materials, work subcontracted by the Contractor and Equipment. [See clause 11.2(5) and 63.2]. The Contractors Site Manager will complete a site daily log and this will be submitted to the Employers Representative for his signature before 12am of the following morning barring weekends. The Friday and weekend logs will be submitted before 12am Mondays. The log will include but not be limited to the following:  Date and day.  Weather.  Site conditions.  Work done.  Labour on site.  Any incidents during that period.  Any communication that took place.

Records of Defined Cost. In order to substantiate the Defined Cost of compensation events, the Employer may require the Contractor to keep records of amounts paid by him for people employed by the Contractor, Plant and Materials, work subcontracted by the Contractor and Equipment. [See clause 11.2(5) and 63.2]. The Contractors Site Manager will complete a site daily log and this will be submitted to the Employers Representative for his signature before 12am of the following morning barring weekends. The Friday and weekend logs will be submitted before 12am Mondays. The log will include but not be limited to the following:  Date and day.  Weather.  Site conditions.  Work done.  Labour on site.  Any incidents during that period.  Any communication that took place.