Common use of Salvage Value Clause in Contracts

Salvage Value. If the Utility Work is reimbursable under this Agreement, the FDOT shall receive salvage value credit for any salvage which shall accrue to the UAO as a result of the above Utility Work. It is the UAO’s responsibility to ensure recovery of salvageable materials and to report the fair market value of same to the FDOT. This Salvage Value credit shall be applied as provided in subparagraph 5 c.

Salvage Value. If the Utility Work is reimbursable under this Agreement, the The FDOT shall receive salvage value credit for any salvage which shall accrue to the UAO as a result of the above Selective Utility Work. It is the UAO’s responsibility to ensure recovery of salvageable materials and to report the fair market salvage value of same to the FDOT. This Salvage Value credit shall be applied as provided in subparagraph 5 Paragraph 4 c.

Salvage Value. If the Utility Work is reimbursable under this Agreement, the The FDOT shall receive salvage value credit for any salvage which shall accrue to the UAO as a result of the above Utility Work. It is the UAO’s responsibility to ensure recovery of salvageable materials and to report the fair market salvage value of same to the FDOT. This Salvage Value credit shall be applied as provided in subparagraph 5 Paragraph 4 c.