Time and Material Basis definition
Examples of Time and Material Basis in a sentence
The Owner or Construction Manager shall at any time have the right to order extra Work to be performed on (a) Lump Sum Proposal, (b) Unit Prices, or (c) Time and Material Basis.
Lancia understands and agrees that this Agreement is personal to Lancia and therefore, the Services shall be performed by its personnel on a Time and Material Basis and/or a Project Basis.
After the aforementioned schedule is finalized and provided to Contractor, Contractor will determine an approximate number of man-hours required to provide such estimates and shall endeavor to issue a Change request pursuant to Section 9.1(b) within ten (10) Days but in no event later than twenty (20) Days following receipt of such information from Owner, and Owner will issue a Change Order no later than ten (10) Days following receipt of such Change, to reimburse Contractor on a Time and Material Basis.
Time and Material Basis for a pricing of certain Services which are not covered by a Fixed Price.
This shall include Rented Equipment intended for use on other work, but has been idled due to the circumstances giving rise to the Work on a Time and Material Basis.