Examples of Material Costs in a sentence
The Company shall bill the Residential Customer based upon the Contractor Costs and/or Direct Labor and Direct Material Costs associated with the removal, relocation or change of distribution facilities or interruption, less an amount equal to any maintenance expenses avoided as a result of such work.
Direct Material Costs: This subsection of the cost proposal will include any special tooling, test equipment, and material costs necessary to perform the project.
Applicant ObligationsWhere the Non-Speculative Line Extension and/or Service Line exceeds the span allowance, the Applicant/Customer shall make a CIAC or Cash Advance to the Company equivalent to the Company’s estimated Direct Labor Costs and Direct Material Costs and/or Contractor Costs for construction of that portion of the Line Extension and/or Service Line which is in excess of the span allowance.
A charge for tools, supplies, overhead, supervision and profit will be allowed in the amount of 15% of the Total Direct Labor Costs, and Material Costs, as defined above.Any extra work performed hereunder shall be subject to all of the provisions of the contract and the Contractor’s sureties shall be bound with reference thereto as under the Contract.
Material Costs: Material costs and applicable sales tax shall be developed from actual known costs, supplier quotations or standard industry pricing guides and shall consider all available discounts.