Common use of Stored Clause in Contracts

Stored. If Contractor’s invoice includes Materials delivered and suitably stored at the Site but not incorporated in the Work, Contractor shall, if required by ATL or the Designated Representative, be conditional upon submission by the Contractor of Bills of Sale or such other procedure as will establish ATL's title to such Material or otherwise adequately protect ATL's interest. The Contractor is responsible for the existence, protection, and, if necessary, replacement of materials until execution of the Final Certificate of the Engineer. ATL shall not pay for any Materials stored off-site.

Appears in 2 contracts

Samples: Construction Contract, Construction Contract

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