Time and Materials Method Sample Clauses

Time and Materials Method. MTS may direct Contractor to proceed with the Additional Work with payments to be made on the basis of the actual cost of the labor and materials required to complete the Additional Work. If the Contractor fails to submit a complete cost proposal within the seven (7) calendar day period (or as requested), MTS has the right to order the Contractor in writing to commence the Work immediately on a time and materials basis and/or issue a lump sum change to the Contract price and/or Contract duration in accordance with MTS’s estimate. If the change is issued based on MTS’s estimate, the Contractor will waive its right to dispute the action unless within fifteen (15) calendar days following completion of the added/deleted work, the Contractor presents written proof that MTS’s estimate was in error. Contract change orders shall reflect “allowable costs,” as that term is defined in Part 31 of the Federal Acquisition Regulation (FAR). The Contractor shall show through its cost proposal the reasonableness of any claimed costs and demonstrate how these costs have a causal connection to the change or other action on which the claim is based. MTS will utilize the cost principles set forth in FAR Part 31 currently in effect, and as amended from time to time, to determine the allowableness of any cost submitted as part of the Contractor’s cost proposal. MTS will not compensate the Contractor for any unallowable cost submitted as part of the Contractor’s cost proposal.
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Time and Materials Method. 1. Whenever the Owner authorizes the Contractor to perform Work on a Time and Material basis, Owner’s authorization shall clearly state:
Time and Materials Method. 1. Whenever City authorizes the Contractor to perform work on a Time and Material basis, City’s authorization shall clearly state:
Time and Materials Method. 1. Whenever the County authorizes the Contractor to perform Work on a Time and Material basis, County’s authorization shall clearly state:
Time and Materials Method. 1. Whenever the AGENCY authorizes the CONTRACTOR to perform Work on a Time and Materials basis, the AGENCY’s authorization shall clearly state:
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