Pre-Purchased Item definition

Pre-Purchased Item means an item, material and/or equipment purchased by Owner, Construction Manager or a Trade Contractor in advance of the time that such Item will be installed in the Work, and stored on or off Site. Pre-Purchased Items include, but are not limited to, Long Lead-Time Items.

Examples of Pre-Purchased Item in a sentence

  • If Owner procures any Pre-Purchased Item itself, Owner shall have the right to assign the Purchase Order for that Pre-Purchased Item to Construction Manager or a Trade Contractor.