Examples of TM in a sentence
Specific Limitations For cost reimbursement compensation such as CPFF or T&M, Consultant shall invoice Agency only for actual productive time Consultant personnel spend on Services by any level of Consultant’s staff (up to the established not-to-exceed amount).
OPTION 1 (For CPFF and T&M) Progress Payments for Acceptable Progress.
Time and Materials with Not-To-Exceed (T&M)Agency will pay Consultant for completion of Services required under the Contract on the basis of T&M, up to the NTE amount established in the Contract.
In case any discrepancy is observed by the tenderers, they should put a claim to the TM (LPG) of the territory or any other officer of BPCL as may be decided by BPCL from time to time along with the details of the statement of such error/ omission in the payment.
LM means Lead Member, TM means Technical Member, FM means Financial Member, OMM means Operation & Maintenance Member; and OM means Other Member.