Time and Material Basis definition

Time and Material Basis means the method of billing based on actual time spent and materials used, based on The Supplier standard rates from time to time;
Time and Material Basis means the provision of Services and goods based on the actual amount and cost of time and materials required for such provision.
Time and Material Basis shall have the meaning set forth in Exhibit C.

Examples of Time and Material Basis in a sentence

  • If the Change in the Work does not solely relate to quantities, then either the Owner or the Contractor may initiate negotiations upwards or downwards for the adjustment of the Contract price in respect of the Change in the Work pursuant to subsection GC 3.13, Claims, Negotiations, Mediation or payment may be made according to the conditions contained in clause GC 8.02.05, Payment on a Time and Material Basis.

  • Time and Material means costs calculated according to clause GC 8.02.04, Payment on a Time and Material Basis.

  • The Owner or Construction Manager shall at any time have the right to order extra Work to be performed on (a) Lump Sum Proposal, (b) Unit Prices, or (c) Time and Material Basis.

  • The Work on a Time and Material Basis shall be subject to all the terms, conditions, Standard Specifications and provisions of the Contract.

  • Work on a Time and Material Basis means Changes in the Work, Extra Work, and Additional Work approved by the Contract Administrator for payment on a Time and Material basis.


More Definitions of Time and Material Basis

Time and Material Basis means the sum of the Service Provider’s charges for labour, travel and materials to service and/or repair the Equipment.
Time and Material Basis means the method of billing based on actual time spent and materials used, based on SEACOM ’s standard rates applicable from time to time;
Time and Material Basis means the method of billing based on actual time spent and materials used, based on HYMAX’s standard rates applicable from time to time;
Time and Material Basis means the method of billing based on actual time spent and materials used, based on Seidor One standard rates from time to time;
Time and Material Basis means the method of billing based on actual time spent and materials used, based on the Service Provider’s standard rates from time to time; and Customer initial Service Provider initial
Time and Material Basis means the process of invoicing User for travel time, labor hours to perform the repair, and all parts used. Any reference to Time and Material billing shall be deemed to be at the published labor rate and list parts pricing at the time of the repair.
Time and Material Basis means the method of billing based on actual time spent and materials used, based on Internet Fibre’s standard rates from time to time; and