Construction Budgets. 3.1 ABED has no control over the cost of any Contractor's labor, materials or equipment, over any Contractor's methods of determining bid prices, or over competitive bidding, market or negotiating conditions. Accordingly, ABED will not warrant or represent that bids or negotiated prices will not vary from any budget for construction or evaluation prepared by or agreed to by ABED.
3.2 No fixed limit of construction cost shall be established as a condition of this Agreement by the furnishing, proposal, or establishment of a Project budget.
Construction Budgets. The Bank shall have received budgets that shall set forth the aggregate amount of funds to be expended to make the Improvements on the Projects, and which budgets are in form and substance satisfactory to the Bank.
Construction Budgets. (i) Illustration of “Qualified Offset” Clause (i) Computation
(j) February 28, 2010 Backlog Report
(k) February 28, 2010 Model Home Prices
(a) Scheduled Real Property 2.1(p) Other Purchased Assets 2.2(j) Other Excluded Assets 2.3(b) Specified Assumed Liabilities 2.4(k) Certain Excluded Land Development Liabilities 3.2(b) Closing Adjustment Methodology
(b) JV Real Property 5.10(b) Open Tax Audits
(I) Exceptions to Ordinary Conduct of Business 8.2(II) Units to be Weatherized 8.12 Commitments
Construction Budgets. 11 2.1.15 Licensing 11 2.1.16 Written Authorization by the City 11 2.1.17 Authority of the Design Consultant 11 2.1.18 Independent Design Review 11 2.1.19 Time of the Essence 11 2.2 SCHEMATIC DESIGN XXXXX 00 2.2.1 Project Program 12 2.2.2 Applicable Code Requirements 12 2.2.3 Alternate Approaches 12 2.2.4 Schematic Studies 12 2.2.5 Estimated Project Construction Cost 12 2.3 DESIGN XXXXXXXXXXX XXXXX 00 2.3.1 Design Development Documents 12 2.3.2 Systems Criteria 13 2.3.3 Estimated Project Construction Cost 13 2.4 CONSTRUCTION DOCUMENTS PHASE 13 2.4.1 Construction Documents 13 2.4.2 City Review 13 2.4.3 Content, Completeness 13 2.4.4 Changes, Corrections 14 2.4.5 Final Approval 14 2.4.6 Estimated Project Construction Cost 14 2.5 XXX XXXXX 00 2.5.1 Pre-Qualification 15 2.5.2 Addenda, Clarifications 15 2.5.3 Pre-Bid Conference 15 2.5.4 Bid Evaluations 15 2.5.5 Budget; Revisions 15 2.6 CONSTRUCTION PHASE 16 2.6.1 Duration 16 2.6.2 Administration 16 2.6.3 Attendance at Meetings 16
Construction Budgets. A budget for the construction of the System (the "Construction Budget") shall be prepared by MLA and submitted to MCELL for approval within thirty (30) days from the Effective Date. MLA shall provide MCELL with weekly reports on the status of construction and a comparison of expenditures versus amounts budgeted for the categories set out in the Construction Budget.
Construction Budgets. Landlord shall deliver to Tenant, for Tenant's -------------------- review and approval, all budgets for the Initial Improvement Work. Upon receipt of each budget, Tenant shall have a period of five (5) business days in which to approve the same. It shall be a Tenant Delay if Tenant fails to approve a budget within five (5) business days, as aforesaid, unless such disapproval is due to an error by Landlord or the General Contractor. Landlord shall share all cost and budget information with Tenant and permit Tenant at all reasonable times to inspect all records relating to the performance and expense of the Initial Improvement Work.
Construction Budgets. The Borrower has prepared or provided each applicable Construction Budget and Schedule required to be delivered in good faith and on the basis of reasonable assumptions that are consistent with the provisions of the applicable Material Project Documents then in effect.
Construction Budgets. The Construction Budget shall not be adjusted except upon written direction by the City for changes, additions or deletions by the City to the Project Program. No other act, direction or Approval, written or verbal, or course of conduct, by the City shall be construed as authorization of an adjustment in the Construction Budget. The Design Consultant shall notify the City in writing whenever it appears that the Construction Budget or any Estimated Project Construction Cost provided by the Design Consultant may be exceeded, for any reason, and shall make recommendations to reduce the Construction Budget. The Design Consultant shall notify the City, in writing, within seven (7) Days after receipt of any request or direction or that the Design Consultant believes constitutes a change, addition or deletion to the Project Program that requires an adjustment to the Construction Budget. This time period may be adjusted by mutual agreement. Failure by the Design Consultant to submit such written notice in a timely manner shall conclusively waive the Design Consultant’s right to an adjustment of the Construction Budget on account of such direction or information.
