Indiana Code 6-2.5-1-27.7. “Time and material contract”
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Terms Used In Indiana Code 6-2.5-1-27.7
- Contract: A legal written agreement that becomes binding when signed.
Sec. 27.7. “Time and material contract” means a contract in which the cost of construction material and the cost of labor or other charges are stated separately.
As added by P.L.181-2016, SEC.17.