Time and Material Contract definition
Examples of Time and Material Contract in a sentence
The Design-Builder reserves the right to remove any identified Hazardous Material under a separate Time and Material Contract.
Consistent with this Time and Material Contract, Subcontractor shall provide the following Item Description Qty.
This is a Time and Material Contract for required services of Cummins Engines, Detroit Diesel Engines and ▇▇▇▇▇▇▇ Transmissions to Pace owned buses.
B) SOQ submittal shall include Attachment A “Bid Price and Completion Time”, completed in full, which indicates that this job is to be bid as a Time and Material Contract with a Not to Exceed Price.
The City of Lafayette shall pay to the Contractor, in full and complete payment for all performance of the Time and Material Contract not to exceed the sum of $42,000.00 (Forty two Thousand Dollars).
This fixed price contract differs or is opposed to a Time and Material Contract where the project fees are based upon the resources, time and expenses expended on the project and managed through the setting of budget and changing deliverables.