Cost of Material definition

Cost of Material means the cost of material purchased by the Contractor for the extra work as shown by itemized invoices and the cost of material from the Contractor's stock used on the extra work, valued at current prices.

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Cost of Material means the cost of material purchased by the Contractor to carry out the Change in the Work as shown by itemized invoices and the cost of material from the Contractor's stock used to carry out the Change in the Work, valued at current prices.

Cost of Material means the cost of material purchased by the Contractor to carry out the Change in the Work as shown by itemized invoices and the cost of material

Examples of Cost of Material in a sentence

For the avoidance of doubt, any out-of-pocket costs or expenses incurred by Symbotic in connection with obtaining a Permit (including the cost of the Permit) shall not be deemed to be Cost of Material and Labor and shall not be counted towards the Baseline Cost.
Once agreed, such changes shall be made pursuant to a written change order amending the applicable Project SOW executed by each Party’s authorized officers or his or her express designee (as designated by such Party in writing) (each, a “Change Order”) and shall specify the contemplated change(s), including to the extent applicable: (a) the change to the Cost of Material and Labor for such Project and (b) any adjustments to the Project Time Schedule.
Once agreed, such changes shall be made pursuant to a written change order amending the applicable Project SOW executed by each Party’s authorized officers or his or her express designee (as designated by such Party in writing) (each, a “Change Order”) and shall specify the contemplated change(s), including to the extent applicable: (a) the change to the Cost of Material and Labor for such Project; and (b) any adjustments to the Project Time Schedule.
The Owners shall pay to the Town the total sum of $ to be divided as shown on the Schedule attached to the Temporary Road Repair Estimated Cost of Material Statement (“Cost of Material”).
For the avoidance of doubt, any out-of-pocket costs or expenses incurred by Symbotic in connection with obtaining a Permit (including the cost of the Permit) shall not be deemed to be Cost of Material and Labor, and shall not be counted towards the Baseline Price.
To the extent the Change Order includes any agreed changes to the Cost of Material and Labor, Customer shall compensate Symbotic (or Symbotic shall issue a credit, if applicable) for implementation thereof pursuant to the Change Order.
If so, the Parties shall, each acting reasonably, discuss such changes and, if mutually agreed, enter into a written change order describing such changes in sufficient detail, including to the extent applicable, (a) any changes to the Cost of Material and Labor for such Project and (b) any adjustments to the Project Time Schedule (a “Change Order”).
Cost of Material shall be based upon the selling cost of the Product to a consumer purchaser at the time the claim is first received by Kaycan.
In the event that the Town fails to commence the Project within one hundred twenty (120) days from the delivery of the full amount of the Cost of Material, this Agreement shall be revocable by either party upon written notice of revocation at least sixty (60) days prior to the termination date stated within said notice.
Upon Project completion and final Cost of Material tabulation, any surplus shall be returned proportionately to the Owners or if cost is over the estimate then the additional sum must be paid to the Town proportionately by each owner.

More Definitions of Cost of Material

Cost of Material means cost of material inspected and worked out on the basis of ex-works prices and admissible at the time of placement of Purchase Order(s).