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In considering an equitable method of payment for stored construction materials, a basic distinction must be made between: On-Site Materials: The Joint Committee recommends that payment should follow the provisions of the contract documents when materials are stored on site, provided that they are stored in a location that does not create obstacles to the progress of the project. Off-Site Materials: The Joint Committee recommends that payment should be made to the Contractor for construction materials stored off-site upon a showing, by the Contractor, that these materials have been identified, fabricated, properly protected, and identified for use on a particular project and are merely awaiting convenient delivery for utilization. The materials should be insured by the Contractor for the protection of the Owner. Revised May 1987 Top of Page | AIA-MBA Home Page | Organization | Drawings & Specifications | Bidding | Contracts | Temporary Services | Bonds, Insurance & Liability | Safety Responsibilities | Release of Liens | Procurement Methods & Supplements | Contact Us |
