Common use of Records of Defined Cost Clause in Contracts

Records of Defined Cost. The Contractor shall keep records of amounts paid by him for people employed by the Contractor, Plant and Material, work subcontracted by the Contractor and Equipment. These records shall be made available on request by the Employer.

Records of Defined Cost. The A detailed record shall be kept by the Contractor shall keep records of related to all amounts paid by him for people employed by the Contractor, Plant hired plant and Materialmaterials used, work subcontracted by the Contractor and Equipmentequipment used to provide the service requested. These records shall be made available kept electronically and forwarded to the project manager on request by the Employera monthly basis.