Long Lead Item means any item which is not a stock item and must be specially manufactured, fabricated or installed or is of such an unusual, delicate or fragile nature that, in any such case, there is a substantial risk that (A) there will be a delay in its manufacture, fabrication, delivery or installation, or (B) after delivery, such item will need to be reshipped or redelivered or repaired so that in Landlord’s reasonable judgment the item in question cannot be completed when the standard items are completed even though the item in question is (1) ordered together with the other items required and (2) installed or performed (after the manufacture or fabrication thereof) in the order and sequence that such item and other items are normally installed or performed in accordance with good construction practice. In addition, “Long Lead Item” shall include any standard item which in accordance with good construction practice should be completed after the completion of any item of work in the nature of the items described in the immediately preceding sentence. Any dispute as to whether any work, materials, equipment, finishes, facilities, improvements or installations constitutes a Long Lead Item hereunder shall be resolved by arbitration pursuant to Article 25 hereof.
Long Lead Item. Long-lead item refers to the equipment, product, or system that is identified at the earliest stage of a project to have a delivery time long enough to affect directly the Critical Path/the overall lead time of the project. MAG: The Maricopa Association of Governments.
Long Lead Item means any item of the Tenant Improvements or material element thereof which Landlord reasonably identifies in writing to Tenant at the time Landlord reviews Tenant’s proposed Plans as provided in paragraph 2.3 as unavailable at the Premises in time to be completed and installed prior to the anticipated Commencement Date. Telecommunication Facilities: Equipment, facilities, apparatus and other materials utilized for the purpose of electronic telecommunication, including cable, switches, wires, conduit and sleeves. Telecommunication Services: Services associated with electronic telecommunications, whether in a wired or wireless mode. Basic voice telephone services are included within this definition.
Examples of Long Lead Item in a sentence
Also, as contained in Blue Origin’s Option A proposal Attachment 19 Integrated Master Schedule, specifically the file MLCD- 07233_Attachment1_FULL_IMS, there are over 200 IMS line items of Long Lead Item procurements that were planned to be started in the first month of the contract.24 Therefore, the first Milestone Payment covers a significant amount of early cost obligations for long lead hardware, castings and Electrical, Electronic and Electromechanical (EEE) parts.
In its subsequent April 19, 2020, proposal revision made at NASA’s request to lower total payments in the Base Period, Blue Origin accepted risk by reducing cost for critical Long Lead Item to only in the Base Period.
As Blue Origin was working with NASA during the Base Period to authorize these Long Lead Item procurements, the Agency notified Blue Origin on August 31, 2020 (a few months after ATP) that no Long Lead Item procurements would be authorized across all competitors at that time for the Base Period.
The Milestone Payments included significant amounts for Long Lead Item commitments, as discussed below, and the costing was consistent with the NASA-approved approach under the Base Period performance under similar requirements, and should have been determined acceptable.
This was in spite of the National Team repeatedly demonstrating in the Base Period its ability to reduce its price to meet a NASA budget constraint, adjust milestones to meet NASA’s funding profile, apply corporate resources including funding to innovative approaches to preserve schedule when NASA removed elements like Long Lead Item funding from the Base Period, and despite the solicitation implying that a second landing “eighteen months later” would be part of the program.
More Definitions of Long Lead Item
Long Lead Item means any component of the Tenant Improvements that is not readily available in reasonable quantities in the metropolitan area or that requires a long term lead time for procurement or installation. As used herein, the term "Legal Requirements" shall mean any laws, ordinances, regulations and orders of the United States of America, the
Long Lead Item means any Subtenant Improvement or portions of the Subtenant's Improvements (i) which the Master Landlord indicates in the Schedule cannot be completed by the Commencement Date, and (ii) either (x) the completion of which item or items is not a condition precedent to the issuance of a certificate of occupancy (be it temporary or permanent) for the Subleased Premises (the "Certificate of Occupancy"), and the failure of such item or items to be completed or the later process of completion or such item or items shall not substantially interfere with the Subtenant's use and occupancy of the Subleased Premises, and the Subtenant refuses to permit the substitution of a functionally equivalent alternative of comparable quality as proposed by Master Landlord and which can procured and installed before the Commencement Date) or, (y) while the completion of which item or items is a condition precedent to the issuance of a Certificate of Occupancy", Subtenant refuses to permit the substitution of functionally equivalent alternative of comparable quality as proposed by Master Landlord and which can be procured and installed before the Commencement Date.
Long Lead Item means any item of Tenant’s Work or material thereof which due to long lead times necessary for fabrication or delivery will not be available in time for Tenant’s Work to be substantially completed prior to the Commencement Date. When choosing finishes, the Architect will advise Tenant if any particular item is a Long Lead Item and provide Tenant with the opportunity to substitute that item for one that is not a Long Lead Item. Tenant’s selection of any Long Lead Item and any ensuing delay in the substantial completion of Tenant’s Work shall be deemed a Tenant delay.
Long Lead Item means any item or material element of the Fifth Floor Expansion Space Leasehold Work identified during the design or award process that, due to circumstances beyond the reasonable control of Landlord (including, without limitation, long lead times necessary for fabrication or delivery) will not be at the Fifth Floor Expansion Space in time to be completed and installed prior to the anticipated occupancy date (i.e., January 1, 2009).
Long Lead Item means equipment or property where the expected lead time to deliver the equipment or property is greater than 180 Days.
Long Lead Item means any item of -------------- Tenant's Work or material element thereof which Landlord reasonably identifies as unavailable at the Premises in time to be completed and installed prior to the anticipated Commencement Date. Landlord shall so notify Tenant of such Long ---- Lead Items at the time Landlord provides Tenant with the Initial Tenant ---------- Improvements Pricing Letter pursuant to Paragraph 4.1.B of Exhibit C. --------- Notwithstanding the foregoing, Landlord will endeavor to provide information regarding Long Lead Items as soon as reasonably available to Landlord. With --------------- respect to long-lead items, Tenant (acting through Tenant's Representative appointed pursuant to Paragraph 6.2 of Exhibit C) shall during the period --------- provided in Exhibit C for Tenant's response to the Initial Tenant Improvements --------- Pricing Letter elect to (x) omit such long-lead item(s) from the Plans, (y) substitute such item(s) for another item(s) that does not constitute a Long Lead --------- Item, or (z) retain such long-lead item(s) in the Plans to be installed when ---- delivered. In the event Tenant fails timely to affirmatively elect (x), (y), or (z) above, Tenant shall be deemed to have elected (z). If Tenant elects (z) or is deemed to have elected (z), any delays in completion of the construction as a result thereof shall be Tenant Delay. Landlord shall promptly identify for Tenant, after the time of submission by Tenant of a proposed substitution, the reasonably estimated delay which will be caused by said substitution, if any. The actual delay, if any, caused by such substitution shall be Tenant Delay. Any delay in the completion and installation of the long-lead item or arising from Tenant's election to substitute any long-lead item or retain an identified long-lead item shall be a Tenant Delay.
Long Lead Item means any item which is not a stock item and must be specially manufactured, fabricated or installed or is of such an unusual, delicate or fragile nature that, in any such case, there is a substantial risk that (A) there will be a delay in its manufacture, fabrication, delivery or installation, or (B) after delivery, such item will need to be reshipped or redelivered or repaired so that in Landlord’s reasonable judgment the item in question cannot be completed when the standard items are completed even though the item in question is (1) ordered together with the other items required and (2) installed or performed (after the manufacture or fabrication thereof) in the order and sequence that such item and other items are normally installed or performed in accordance with good construction practice. hereof.