Construction Contract Terms Sample Clauses

Construction Contract Terms a. The Construction Contract entered into between HDOT and the Contractor will be based on the 2005 Standard Specifications for Road and Bridge Construction and the approved PS&E for the Project.
Sample 1
AutoNDA by SimpleDocs
Construction Contract Terms. SECTION_______ SCHEDULING OF THE WORK.
Sample 1
Construction Contract Terms. The terms Final Inspection, Interim Final Inspections, Project Phase, Project Completion, Physical Completion, Substantial Completion, Final Acceptance shall have the meaning set forth in the City’s standard specifications found at xxxx://xxx.xxxxxxx.xxx/util/Engineering/StandardSpecsPlans/index.htm
Sample 1
Construction Contract Terms. The principal terms of contractor construction agreements include the scope of work, timetable for construction, contract value and payment terms. In addition, the agreements typically contain warranties with respect to quality and timely completion of the construction. The value of the contractor construction agreements is determined primarily by the cost of labour and material as well as construction progress, subject to adjustments set forth in the agreements. The contractor is in charge of selecting suppliers and construct the buildings according to the standards set by the Group and relevant laws and regulations. The Group typically makes payments in accordance with the project contract and project progression. In the event of a delay in construction or a breach of warranty, the Group may seek penalties or other remedies against the contractor. Procurement of Construction Material The construction materials used in the Group’s resettlement housing and affordable housing projects, such as concrete, tar and pipes, are generally procured by contractors. The Group and its contractors typically agree on a fixed fee for work completed within a specified scope. In the event of significant fluctuation in the price of construction materials, the Group and its contractors may renegotiate and adjust fees based on the then prevailing market price of key construction materials. The Group does not partake in any hedging activities with respect to price fluctuations of construction materials for its resettlement housing or affordable housing projects. Quality Control and Safety The Group has adopted a number of quality control and safety measures to monitor the quality of construction performed by its contractors. Specifically, the Group has adopted a rigorous selection process for the contractors and established stringent standards for the quality of materials used in its projects. Furthermore, the Group ensures that inspections are conducted by qualified in-house teams and third-party professionals to ensure compliance with applicable PRC laws and regulations. Payment Purchasers of the residential units in the resettlement housing and affordable housing pay the entire purchase price before the homes are delivered. Government Grants For resettlement housing, due to the nature of the resettlement housing sales business, the price of residential units developed by the Group is strictly controlled by the Deqing Government. The Deqing Government subsidises the Group th...
Sample 1
Construction Contract Terms 
Sample 1Sample 2

Related to Construction Contract Terms

  • Construction Contract If federal funds are included as part of the financing of the non-OPWC portion of the Project, federal law may prevail, including, but not limited to, application of Xxxxx Xxxxx prevailing wage rates, the Xxxxxxxx “Anti-Kickback” Act, the Contract Work Hours and Safety Standards Act, and any federal environmental regulations. Recipient is solely responsible for ensuring compliance with federal requirements applicable to its Local Subdivision Contribution. Notwithstanding the above, the following provisions apply to construction contracts under this Agreement:

  • Construction Contracts Item A: Enter the total dollar amount of all contacts awarded on the project/ program. Item B: Enter the total dollar amount of contracts connected with this project/program that were awarded to Section 3 businesses.

  • Construction Plans Tenant shall prepare final plans and specifications for the Tenant Improvements that (a) are consistent with and are logical evolutions of the Approved Schematic Plans and (b) incorporate any other Tenant-requested (and Landlord-approved) Changes (as defined below). As soon as such final plans and specifications ("Construction Plans") are completed, Tenant shall deliver the same to Landlord for Landlord's approval, which approval shall not be unreasonably withheld, conditioned or delayed. All such Construction Plans shall be submitted by Tenant to Landlord in electronic .pdf, CADD and full-size hard copy formats, and shall be approved or disapproved by Landlord within ten (10) business days after delivery to Landlord. Landlord's failure to respond within such ten (10) business day period shall be deemed approval by Landlord. If the Construction Plans are disapproved by Landlord, then Landlord shall notify Tenant in writing of its objections to such Construction Plans, and the parties shall confer and negotiate in good faith to reach agreement on the Construction Plans. Promptly after the Construction Plans are approved by Landlord and Tenant, two (2) copies of such Construction Plans shall be initialed and dated by Landlord and Tenant, and Tenant shall promptly submit such Construction Plans to all appropriate Governmental Authorities for approval. The Construction Plans so approved, and all change orders approved (to the extent required) by Landlord, are referred to herein as the "Approved Plans."

  • Construction, Etc Each covenant contained herein shall be construed (absent express provision to the contrary) as being independent of each other covenant contained herein, so that compliance with any one covenant shall not (absent such an express contrary provision) be deemed to excuse compliance with any other covenant. Where any provision herein refers to action to be taken by any Person, or which such Person is prohibited from taking, such provision shall be applicable whether such action is taken directly or indirectly by such Person. For the avoidance of doubt, all Schedules and Exhibits attached to this Agreement shall be deemed to be a part hereof.

  • Construction Contract; Cost Budget Prior to execution of a construction contract, Tenant shal] submit a copy of the proposed contract with the Contractor for the construction of the Tenant Improvements, including the genera] conditions with Contractor (the “Contract”) to Landlord for its approval, which approval shall not be unreasonably withheld, conditioned or delayed. Following execution of the Contract and prior to commencement of construction, Tenant shall provide Landlord with a fully executed copy of the Contract for Landlord’s records. Prior to the commencement of the construction of the Tenant Improvements, and after Tenant has accepted all bids and proposals for the Tenant Improvements, Tenant shall provide Landlord with a detailed breakdown, by trade, for all of Tenant’s Agents, of the final estimated costs to be incurred or which have been incurred in connection with the design and construction of the Tenant Improvements to be performed by or at the direction of Tenant or the Contractor (the “Construction Budget”), which costs shall include, but not be limited to, the costs of the Architect’s and Engineers’ fees and the Landlord Coordination Fee. The amount, if any, by which the total costs set forth in the Construction Budget exceed the amount of the Tenant Improvement Allowance is referred to herein as the “Over Allowance Amount”. In the event that an Over-Allowance Amount exists, then prior to the commencement of construction of the Tenant Improvements, Tenant shall supply Landlord with cash in an amount equal to the Over- Allowance Amount. The Over-Allowance Amount shall be disbursed by Landlord prior to the disbursement of any of the then remaining portion of the Tenant Improvement Allowance, and such disbursement shall be pursuant to the same procedure as the Tenant Improvement Allowance. In the event that, after the total costs set forth in the Construction Budget have been delivered by Tenant to Landlord, the costs relating to the design and construction of the Tenant Improvements shall change, any additional costs for such design and construction in excess of the total costs set forth in the Construction Budget shall be added to the Over-Allowance Amount and the total costs set forth in the Construction Budget, and such additional costs shall be paid by Tenant to Landlord immediately as an addition to the Over-Allowance Amount or at Landlord’s option, Tenant shall make payments for such additional costs out of its own funds, but Tenant shall continue to provide Landlord with the documents described in items (1), (ii), (iii) and (iv) of Section 2.2.2.1 of this Tenant Work Letter, above, for Landlord’s approval, prior to Tenant paying such costs. All Tenant Improvements paid for by the Over-Allowance Amount shall be deemed Landlord’s property under the terms of the Lease. 4.2.2

  • Construction Phase Part 1 –

  • Construction Schedule The progress schedule of construction of the Project as provided by Developer and approved by District.

  • Construction of the Tenant Improvements Landlord shall construct the Tenant Improvements in accordance with this exhibit and the construction contract to be executed by Landlord and its contractor(s). The construction contract for constructing the Tenant Improvements and the contractor(s) to perform the work shall be approved and/or selected, as the case may be, by Landlord at its sole and absolute discretion without the consent of Tenant.

  • 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.

  • Complete Agreement; Construction This Agreement, including the Schedules hereto, shall constitute the entire agreement between the Parties with respect to the subject matter hereof and shall supersede all previous negotiations, commitments and writings with respect to such subject matter. In the event of any inconsistency between this Agreement and any Schedule, the Schedule shall prevail. The rights and remedies of the Parties herein provided shall be cumulative and in addition to any other or further remedies provided by law or equity.

Time is Money Join Law Insider Premium to draft better contracts faster.