Common use of Unfixed Goods and Materials Clause in Contracts

Unfixed Goods and Materials. Unfixed goods or materials will not be included in the value of work in a payment statement under clause 12.4 unless: the Contract Administrator is satisfied that the unfixed goods and materials have not been prematurely ordered and are necessary to enable the Contractor to comply with its obligations under the Contract; the Contractor gives the Contract Administrator with a payment claim under clause 12.2: additional Approved Security equal to the amount claimed for the unfixed goods and materials; and such evidence as may be required by the Contract Administrator that title to the unfixed goods and materials will vest in the Commonwealth upon payment; the unfixed goods and materials are clearly marked as the property of the Commonwealth and are on the Site or available for immediate delivery to the Site; and the unfixed goods and materials are properly stored in a place approved by the Contract Administrator. Upon payment by the Commonwealth of a payment statement which includes unfixed goods and materials, title in the unfixed goods and materials will vest in the Commonwealth.

Appears in 7 contracts

Samples: Panel Agreement, Formal Agreement, Formal Agreement

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Unfixed Goods and Materials. Unfixed goods or materials will not be included in the value of work in a payment statement under clause 12.4 11.4 unless: the Contract Administrator is satisfied that the unfixed goods and materials have not been prematurely ordered and are necessary to enable the Contractor to comply with its obligations under the Contract; the Contractor gives the Contract Administrator with a payment claim under clause 12.211.2: additional Approved Security equal to the amount claimed for the unfixed goods and materials; and such evidence as may be required by the Contract Administrator that title to the unfixed goods and materials will vest in the Commonwealth upon payment; the unfixed goods and materials are clearly marked as the property of the Commonwealth and are on the Site or available for immediate delivery to the Site; and the unfixed goods and materials are properly stored in a place approved by the Contract Administrator. Upon payment by the Commonwealth of a payment statement which includes unfixed goods and materials, title in the unfixed goods and materials will vest in the Commonwealth.

Appears in 2 contracts

Samples: Medium Works Contract, Formal Agreement

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Unfixed Goods and Materials. Unfixed goods or materials will not be included in the value of work in a payment statement under clause 12.4 unless: the Contract Administrator is satisfied that the unfixed goods and materials have not been prematurely ordered and are necessary to enable the Contractor to comply with its obligations under the Contract; the Contractor gives the Contract Administrator with a its payment claim under clause 12.2: additional Approved Security equal to the amount payment claimed for the unfixed goods and materials; and such evidence as may be required by the Contract Administrator that title to the unfixed goods and materials will vest in the Commonwealth upon payment; the unfixed goods and materials are clearly marked as the property of the Commonwealth and are on the Site or available for immediate delivery to the Site; and the unfixed goods and materials are properly stored in a place approved by the Contract Administrator. Upon payment by the Commonwealth of a payment statement which includes unfixed goods and materials, title in the unfixed goods and materials will vest in the Commonwealth.

Appears in 1 contract

Samples: Formal Agreement

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