Excess Materials. Costs of materials in excess of those actually installed but required in order to provide reasonable allowance for waste and for spoilage. Unused excess materials, if any, shall be delivered to Owner at the completion of the Work or, at Owner's option, sold by the CMGC. Any sale shall be commercially reasonable and the CMGC shall provide accounting for such a sale within fifteen (15) Days of the transaction. Net amounts realized, if any, from such sales shall be credited to Owner as a deduction from the Cost of the Work.
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Sources: Construction Manager/General Contractor Services Agreement
Excess Materials. Costs of materials in excess of those actually installed installed, but required in order to provide reasonable allowance for waste and for spoilage. Unused excess materials, if any, shall be delivered to Owner at the completion of the Work or, at Owner's option, shall be sold by the CMGCCM/GC. Any sale shall be commercially reasonable and the CMGC CM/GC shall provide accounting for such a sale within fifteen (15) Days days of the transaction. Net amounts realized, if any, from such sales shall be credited to Owner as a deduction from the Cost of the Work.
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