Basis for Construction Budget Sample Clauses

Basis for Construction Budget. A/E's evaluations of HISD's Project Budget and the A/E's preliminary estimates of Construction Cost and detailed estimates of Construction Cost, represent the A/E's best judgment as a design professional familiar with the construction industry and local market conditions.
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Basis for Construction Budget. A/E's evaluations of IISD's Project Budgets and the A/E's preliminary estimates of Construction Cost and detailed estimates of Construction Cost, represent the A/E's best judgment as a design professional familiar with the construction industry and local market conditions. This Construction Budget shall not be exceeded unless the amount is approved by the IISD Board and changed in writing by IISD. When multiple campuses or sites are included in project, the Construction Budget for each campus or site shall not be exceeded unless approved by the IISD Board and changed in writing by IISD.
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Related to Basis for Construction Budget

  • ADDITIONAL CONSTRUCTIONS The Promoter undertakes that it has no right to make additions or to put up additional structure(s) anywhere in the Project after the building plan has been approved by the competent authority(ies) except for as provided in the Act.

  • Project Construction The Contractor agrees to provide continuous on-site supervision on each Job Order, while progress on the project is being accomplished. The Contractor’s Project Manager will ensure:

  • RESPONSIBILITY FOR CONSTRUCTION COST 5.2.1 Evaluations of the Owner's Project budget, preliminary estimates of Construction Cost and detailed estimates of Construction Cost prepared by the Design Professional represent the Design Professional's best judgment as a design professional familiar with the construction industry. It is recognized, however, that neither the Design Professional nor the Owner has control over the cost of labor, materials or equipment, over the Contractor's methods of determining bid prices, or over competitive bidding or market conditions. Accordingly, the Design Professional cannot and does not warrant or represent that bids or cost proposals will not vary from the Owner's Project budget or from any estimate of Construction Cost or evaluation prepared or agreed to by the Design Professional.

  • COMPENSATION FOR CONSTRUCTION PHASE SERVICES 5.1 For the Construction Manager’s performance of the Work as described in Section 2.3, the Owner shall pay the Construction Manager the Contract Sum in current funds. The Contract Sum is the Cost of the Work as defined in Section 6.1.1 plus the Construction Manager’s Fee.

  • Contract Construction 6.27.1 The parties acknowledge that each party and its counsel have reviewed this CONTRACT and that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this CONTRACT or any amendment or exhibits hereto.

  • Construction Budget The total amount indicated by the District for the Project plus all other costs, including design, construction, administration, financing, and all other costs.

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