Time & Materials definition

Time & Materials means that Services Fees shall be calculated, invoiced and paid based on the following concepts:
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Time & Materials means a pricing model whereby Fees are calculated based on time actually spent, and materials actually consumed, by Mphasis or its Representatives in the performance of the Services.
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Time & Materials means services and materials which are billed at the rates set forth in Exhibit E being charged by OneNeck.
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Examples of Time & Materials in a sentence

  • Contract Type (specific type such as Fixed Price (FP), Cost Reimbursement (CR), Time & Materials (T&M), etc.) In the case of Indefinite Delivery contracts, indicate specific type (Requirements, Definite Quantity, and Indefinite Quantity) and secondary contract type (FP, CR, T&M, etc)).

  • The contractor is required to provide personnel meeting the qualifications specified under any labor categories quoted on a Time & Materials order or that form the Firm Fixed Price.

  • MERCY CORPS By: Name: Title: ________________________________ By: Name: Title: ********************* INSTRUCTION TO DELETE AFTER READING There are 3 options for Schedule I: - Fixed Price - Cost Plus Fixed Fee (Cost Reimbursement) - Time & Materials – Fixed Labor Rates Please complete the appropriate option and delete the other options.

  • Unless otherwise set forth in the applicable SOW, the Services Fees shall be calculated using a Time & Materials model.

  • Contract Type (specific type such as Fixed Price (FP), Cost Reimbursement (CR), Time & Materials (T&M), etc.) In the case of Indefinite Delivery contracts, indicate specific type (Requirements, Definite Quantity, and Indefinite Quantity) and secondary contract type (FP, CR, T&M, etc.)).

  • Should an agency notify HP of their intent to renew, place service calls and/or receive updates, then not provide a funded delivery order to HP, the agency will be billed for these Services in accordance with HP’s Time & Materials (T&M) rates, which are open market and therefore cannot be ordered under the GSA Schedule contract or combined with a GSA Schedule order except as provided in FAR 8.402(f).

  • Should an agency notify HP of their intent to renew, place service calls and/or receive updates, then not provide a funded delivery order to HP, the agency will be billed for these Services in accordance with HP’s current Time & Materials (T&M) rates.

  • Unless otherwise set forth in the applicable SOW or Proposal, the Services Fees shall be calculated using a Time & Materials model.

  • As requested by the University, Selected Firm will provide quotes/pricing either on a Fixed Price or Time & Materials basis.

  • With respect to such assistance provided by SAP, such may, at SAP’s discretion, be deemed as services that and as such shall be chargeable by SAP on a Time & Materials basis.


More Definitions of Time & Materials

Time & Materials or “T&M” means a contract basis where payment is made for: (i) the delivery of direct labor hours at an agreed upon fixed hourly rate; and (ii) the reimbursement of related direct non-labor expenses; all pursuant to a specified scope of work.
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Time & Materials means that Services Fees shall be calculated, invoiced and paid based on the following concepts: a) Services Fees shall be calculated by multiplying the number of hours/days worked by OT in respect of the Services by the applicable hourly/daily rate set forth in the applicable SOW or Proposal, b) Milestones and acceptance criteria set out in the applicable SOW or Proposal shall only be used for project management purposes, and shall not affect OT’s ability to invoice the Customer for applicable Services Fees and Expenses, c) Customer is obligated to pay for completed Services as invoiced, regardless of whether all Services in the SOW or Proposal have been completed, and d) any reference to “total estimated services fees and expenses”, “total fee”, “maximum fee”, “fee quote” or “quoted fee” (or other similar phrases) shall be deemed to be a good faith estimate of the aggregate Services Fees which is provided for planning and budgeting purposes only, and shall not be deemed to be a binding guarantee that all of the Services will be provided for an aggregate Services Fee equal to or less than such estimate. 5.2 Модель времени и материалов. Если иное не установлено соответствующим РОУ или Предложением, Стоимость услуг должна рассчитываться с помощью "Модели времени и материалов". В контексте настоящего Соглашения, “Время и материалы” означает, что при расчете, выставлении счетов и оплате Стоимости услуг необходимо использовать следующие понятия: a) Стоимость услуг следует рассчитывать путем умножения количества часов/дней, отработанных компанией «ОТ» в связи с предоставлением Услуг, на соответствующую почасовую/повременную ставку оплаты, определенную в соответствующем РОУ или Предложении, b) Промежуточные сроки и критерии приемлемости, установленные соответствующим РОУ или Предложением, должны использоваться только в целях управления проектом и не должны влиять на право компании «ОТ» выставлять Заказчику счета на оплату соответствующей Стоимости Услуг и Расходов, c) Заказчик обязуется оплатить предоставленные Услуги согласно выставленным счетам, независимо от того, были ли все Услуги, определенные РОУ или Предложением, предоставлены полностью, и d) любые упоминания "общих предполагаемых расходов и стоимости услуг", "общей суммы платы", "максимальной суммы платы", "предложения суммы платы" или "предложенной суммы платы" (или другие аналогичные фразы) следует считать достоверной оценкой совокупной Стоимости услуг, которая предоставляется исключительно в целях пл...
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Time & Materials means dayworks based on actual time and materials used specifically for one project at any time recorded on daywork sheets and billed in accordance with agreed rates and percentage mark-up;
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Related to Time & Materials

  • Developed Materials means Materials created, made, or developed by Contractor or Subcontractors, either solely or jointly with the Court or Court Contractors, in the course of providing the Work under this Agreement, and all Intellectual Property Rights therein and thereto, including, without limitation, (i) all work-in-process, data or information, (ii) all modifications, enhancements and derivative works made to Contractor Materials, and (iii) all Deliverables; provided, however, that Developed Materials do not include Contractor Materials.

  • Cloud Materials means any materials provided or developed by SAP (independently or with Provider’s cooperation) in the course of performance under the Agreement, including in the delivery of any support or Consulting Services to Provider or its Customers. Cloud Materials do not include any Customer Data, Provider Confidential Information, or the SAP Cloud Service.

  • SAP Materials means any software, programs, tools, systems, data, or other materials made available by SAP or any other member of the SAP Group to Partner or to an End User (either directly or indirectly via Partner) prior to or in the course of the performance under any part of this Agreement including, but not limited to, the other SAP Products.

  • Supplier Materials has the meaning set out in clause 8.1(g);

  • Contractor Materials means Materials owned or developed prior to the provision of the Work, or developed by Contractor independently from the provision of the Work and without use of the Court Materials or Confidential Information.

  • Licensed Materials means any materials that Executive utilizes for the benefit of the Company (or any Subsidiary thereof), or delivers to the Company or the Company’s Customers, which (a) do not constitute Work Product, (b) are created by Executive or of which Executive is otherwise in lawful possession and (c) Executive may lawfully utilize for the benefit of, or distribute to, the Company or the Company’s Customers.

  • IP Materials has the meaning given to it in clause E8.1 (Intellectual Property Rights).

  • Custom Materials means Materials developed by the Supplier at the Procuring Entity's expense under the Contract and identified as such in Appendix 5 of the Contract Agreement and such other Materials as the parties may agree in writing to be Custom Materials. Custom Materials includes Materials created from Standard Materials.

  • Study Materials means all the materials and information created for the Study, or required to be submitted to the Sponsor including all data, results, Biological Samples, Case Report Forms (or their equivalent) in whatever form held, conclusions, discoveries, inventions, know-how and the like, whether patentable or not, relating to the Study, which are discovered or developed as a result of the Study, but excluding the Institution’s ordinary patient records.

  • Customer Materials any materials, data, information, software, equipment or other resources owned by or licensed to You and made available to Us pursuant to facilitating Your use of the Services, including Customer Data.

  • Specified Materials means the basic materials required on the Site for the execution and completion of Works, which shall include fuel and lubricants; cement; aggregates; steel reinforcement; timber and gravel.

  • Client Materials means the CLIENT Development Materials and the CLIENT Production Materials.

  • Program Materials means the documents and information provided by the Program Administrator specifying the qualifying EEMs, technology requirements, costs and other Program requirements, which include, without limitation, program guidelines and requirements, application forms and approval letters.

  • Standard Materials means all Materials not specified as Custom Materials.

  • Training Materials means any and all materials, documentation, notebooks, forms, diagrams, manuals and other written materials and tangible objects, describing how to maintain the Facilities, including any corrections, improvements and enhancements thereto to the Bloom Systems which are delivered by Operator to Owner, but excluding any data and reports delivered to Owner.

  • Input Material means all documents, information, representations, statements and materials provided by Customer or a third party on behalf of Customer, relating to the Services, including computer programs, data, logos, reports and specifications and inventories.

  • Manufacturing Materials means parts, tools, dies, jigs, fixtures, plans, drawings, and information produced or acquired, or rights acquired, specifically to fulfill obligations set forth herein.

  • Biological Materials means certain tangible biological materials that are necessary for the effective exercise of the Patent Rights, which materials are described on Exhibit A, as well as tangible materials that are routinely produced through use of the original materials, including, for example, any progeny derived from a cell line, monoclonal antibodies produced by hybridoma cells, DNA or RNA replicated from isolated DNA or RNA, recombinant proteins produced through use of isolated DNA or RNA, and substances routinely purified from a source material included in the original materials (such as recombinant proteins isolated from a cell extract or supernatant by non-proprietary affinity purification methods). These Biological Materials shall be listed on Exhibit A, which will be periodically amended to include any additional Biological Materials that Medical School may furnish to Company.

  • Course Materials means lectures, exercises designed for online collaboration, multimedia developed for Web distribution, notes, outlines, syllabi, bibliographies, tests, instructional handouts, videotaped presentations and any like materials and documents (whether in electronic or other medium) that a member of the bargaining unit authors or creates in connection with the preparation or teaching of a course at a University.

  • Waste Materials means any Contamination-causing solid, semi-solid, or liquid material discarded, buried, or otherwise present on the Property, and may include sludge, slag, or solid waste materials such as empty containers and demolition debris or materials containing asbestos, lead-based paint, or petroleum or other contaminants.

  • GOODS / MATERIALS means any of the articles, materials, machinery, equipments, supplies, drawing, data and other property and all services including but not limited to design, delivery, installation, inspection, testing and commissioning specified or required to complete the order.

  • Third Party Materials means any materials and information, including documents, data, know-how, ideas, methodologies, specifications, software, content, and technology, in any form or media, in which any Person other than the State or Contractor owns any Intellectual Property Right, but excluding Open-Source Components.

  • State Materials means all materials and information, including documents, data, know-how, ideas, methodologies, specifications, software, content and technology, in any form or media, directly or indirectly provided or made available to Contractor by or on behalf of the State in connection with this Contract.

  • Product Information has the meaning specified in Section 10.12(a).

  • Company Materials has the meaning specified in Section 6.02.

  • Licensed Software includes error corrections, upgrades, enhancements or new releases, and any deliverables due under a maintenance or service contract (e.g., patches, fixes, PTFs, programs, code or data conversion, or custom programming).