Time and material has elements of both the unit price and cost plus approach. The owner pays the contractor on the basis of effort expended, but there is no fee as such. An important element of this method is that these labor and equipment costs must include all indirect and overhead expenses, profit and contingency, in lieu of payment of any extra "fee." Such a contract may include a list of hourly payment rates, for carpenters etc., with a premium in normal hourly rates to include indirect expenses and overhead.
Allegheny Pennsylvania Time and Material Building and Construction Contract — Owner to Supply Materials is a legal agreement that outlines the terms and conditions between an owner and a contractor for a construction project in Allegheny County, Pennsylvania. This type of contract is commonly used when the owner prefers to provide the necessary materials for the project instead of the contractor. There are a few variations of Allegheny Pennsylvania Time and Material Building and Construction Contract — Owner to Supply Materials, including: 1. Residential Time and Material Building and Construction Contract: This contract is specifically tailored for residential construction projects in Allegheny County. It covers all the necessary elements related to the type of materials, project scope, payment terms, and completion schedule. 2. Commercial Time and Material Building and Construction Contract: This contract is designed for commercial construction projects in Allegheny County. It includes specific clauses related to the procurement and delivery of materials, insurance requirements, permits, and any necessary licenses. 3. Government Time and Material Building and Construction Contract: This contract is applicable when the owner is a government entity, such as Allegheny County or its municipalities. It follows specific guidelines and regulations set by the government, addressing topics like prevailing wage rates, compliance with local regulations, and reporting requirements. The Allegheny Pennsylvania Time and Material Building and Construction Contract — Owner to Supply Materials typically includes the following key sections: 1. Parties involved: This section outlines the names and contact information of the owner and the contractor, along with any additional parties involved in the project. 2. Scope of work: This section provides a detailed description of the construction project, including the specific tasks to be performed, materials required, and any design or architectural plans referred to in the contract. 3. Materials and supplies: This section specifies that the owner will supply the necessary materials and supplies for the project, including their delivery schedule and any quality requirements. 4. Time and labor: This section describes the payment structure, typically based on the time and materials spent on the project. It includes provisions for tracking labor hours, rates, and any additional costs related to the project. 5. Change orders: This section addresses any changes or modifications that may occur during the course of the project. It outlines the process for documenting and approving change orders, as well as any associated costs or delays. 6. Insurance and liability: This section outlines the insurance requirements for the contractor and often includes provisions for indemnification and limitations of liability. 7. Termination: This section establishes the conditions under which either party can terminate the contract, including breach of terms, non-payment, or delays. 8. Dispute resolution: This section outlines the procedures for resolving any disputes that may arise during the construction process. It may include provisions for mediation, arbitration, or litigation. It is important for both the owner and the contractor to carefully review and understand the terms and conditions of the Allegheny Pennsylvania Time and Material Building and Construction Contract — Owner to Supply Materials before signing. Seeking legal counsel is advisable to ensure compliance with local laws and regulations and to protect the interests of both parties involved.Allegheny Pennsylvania Time and Material Building and Construction Contract — Owner to Supply Materials is a legal agreement that outlines the terms and conditions between an owner and a contractor for a construction project in Allegheny County, Pennsylvania. This type of contract is commonly used when the owner prefers to provide the necessary materials for the project instead of the contractor. There are a few variations of Allegheny Pennsylvania Time and Material Building and Construction Contract — Owner to Supply Materials, including: 1. Residential Time and Material Building and Construction Contract: This contract is specifically tailored for residential construction projects in Allegheny County. It covers all the necessary elements related to the type of materials, project scope, payment terms, and completion schedule. 2. Commercial Time and Material Building and Construction Contract: This contract is designed for commercial construction projects in Allegheny County. It includes specific clauses related to the procurement and delivery of materials, insurance requirements, permits, and any necessary licenses. 3. Government Time and Material Building and Construction Contract: This contract is applicable when the owner is a government entity, such as Allegheny County or its municipalities. It follows specific guidelines and regulations set by the government, addressing topics like prevailing wage rates, compliance with local regulations, and reporting requirements. The Allegheny Pennsylvania Time and Material Building and Construction Contract — Owner to Supply Materials typically includes the following key sections: 1. Parties involved: This section outlines the names and contact information of the owner and the contractor, along with any additional parties involved in the project. 2. Scope of work: This section provides a detailed description of the construction project, including the specific tasks to be performed, materials required, and any design or architectural plans referred to in the contract. 3. Materials and supplies: This section specifies that the owner will supply the necessary materials and supplies for the project, including their delivery schedule and any quality requirements. 4. Time and labor: This section describes the payment structure, typically based on the time and materials spent on the project. It includes provisions for tracking labor hours, rates, and any additional costs related to the project. 5. Change orders: This section addresses any changes or modifications that may occur during the course of the project. It outlines the process for documenting and approving change orders, as well as any associated costs or delays. 6. Insurance and liability: This section outlines the insurance requirements for the contractor and often includes provisions for indemnification and limitations of liability. 7. Termination: This section establishes the conditions under which either party can terminate the contract, including breach of terms, non-payment, or delays. 8. Dispute resolution: This section outlines the procedures for resolving any disputes that may arise during the construction process. It may include provisions for mediation, arbitration, or litigation. It is important for both the owner and the contractor to carefully review and understand the terms and conditions of the Allegheny Pennsylvania Time and Material Building and Construction Contract — Owner to Supply Materials before signing. Seeking legal counsel is advisable to ensure compliance with local laws and regulations and to protect the interests of both parties involved.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
