Material Markup definition

Material Markup means the difference between selling price and cost, expressed as a percentage of cost. For instance, Material Markup @ 1.5% = 100 * 1.5% = $1.50.
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Material Markup. Reference Special Provision 1-09.06 Force Account of 2020 WSDOT Standard Specification for Road, Bridge, and Municipal Construction below. For Materials – The Contracting Agency will reimburse invoice cost for Contractor supplied materials. For the purpose of this provision, “Materials” shall include those items incorporated into the Work, supplies used during the Work and items consumed. This cost shall include freight and handling charges and applicable taxes. Before Work is started, the Project Manager may require the Contractor to obtain multiple quotations for the materials to be utilized and select the vendor with prices and terms most advantageous to the Contracting Agency. Specifications:
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Examples of Material Markup in a sentence

  • Traffic Signal Maintenance Electrician (regular hour) Hour $80.00 Traffic Signal Maintenance Electrician (after hours) Hour $144.00 Laborer (regular hour) Hour $58.00 Laborer (after hours) Hour $90.00 Hydraulic Bucket Truck Hour $25.00 15 Ton Crane Hour $65.00 Material Markup % 20% Paint signal head Each $65.00 Paint controller cabinet Each $450.00 All other extra work items will be individually negotiation prior to approval to begin work.

  • Contractor Material Mark-up: The State will not consider any contractor’s material mark-up exceeding 10%.

  • Maintenance Technician $75 Per Hour Tenant Placement Fee 100% of one month’s rent Maintenance & Material Markup 15% Markup on labor, Materials billed at cost + 15% Property visits $35 for any additional property visits Lease Renewal Fee Half month rent Eviction Processing Fee Attorney to work directly with homeowner.

  • Material Markup: [ %] Subcontractor Markup: [ %] Hourly Rates: See Schedule E Equipment Rates: See Schedule G Unit Price services are for services not included in the Basic Flat Fee Services or Basic T&M Services.

  • Item UOM Labor Regular Hourly Rate Normal Hours * Hourly Rate Premium Hours * 1 Hr Licensed Technician $91 $125 2 Hr Apprentice/Non-Licensed Technician $85 $119 3 Hr Material Markup 4 Hr General/Unskilled Labor $85 $119 Item UOM Materials Cost Plus % 5 EA Material Mark up 25% 7 EA Equipment Rental Markup (Lift, scaffold, etc.) 25% Materials purchased at local retail outlets by Contractor field staff.

  • For Material purchased by Company that is identified as Obsolete Material, Company will also pay a cost of acquisition fee determined by the Material Markup identified in the Manufacturer Per Unit Pricing Formula shown in Attachment A.

Related to Material Markup

  • Financial Markets means international financial markets in which currency and other financial assets exchange rates are determined in multi-party trade.

  • Individual market means the market for health insurance coverage offered to individuals other than

  • Material Customer has the meaning set forth in Section 3.21(a).

  • Normal Market Size for CFD trading shall mean the maximum number of units of the Underlying Asset that are transmitted by the Company for execution.

  • material hoist means a hoist used to lower or raise material and equipment, excluding passengers; "medical certificate of fitness" means a certificate contemplated in regulation 7(8);