Small Tools. Individual pieces of equipment having a replacement value of one thousand dollars ($1,000) or less shall be considered to be small tools or small equipment, and no payment will be made since the costs of these tools and equipment is included as part of the markup for overhead and profit defined herein.
Appears in 3 contracts
Sources: Construction Contract, Small Construction Contract, Small Construction Contract
Small Tools. Individual pieces of equipment having a replacement value of one two thousand dollars ($1,0002,000) or less shall be considered to be small tools or small equipment, and no payment will be made since the costs of these tools and equipment is included as part of the markup for overhead and profit defined herein.
Appears in 1 contract
Sources: Public Improvement Contract