Construction Price. Payment and Retainage. Payment requests shall be processed and paid in accordance with Part VII, Chapter 218, Florida Statutes, known as the Florida Prompt Payment Act, and the terms of this Agreement. Invoices shall be submitted to the County on the last day of each month, with each invoice detailing the RFP number and the services performed through and including the 25th of the month in which the invoice is submitted. The date on which payment is due shall be referred to as the “Payment Date”.
Construction Price. The dollar amount for which a General Contractor agrees to perform the Work set forth in a Contract For Construction.
Construction Price. The Owner shall pay and the General Contractor shall accept, as full and complete payment for the General Contractor‟s timely and complete performance of its obligations hereunder the fixed price of . The amount set forth above is the Construction Price and includes the aggregate amount of all allowances and any unit price items to be furnished or installed. Permit fees for this project shall be included in the Progress Payment Schedule and shall be paid directly by the General Contractor. The Owner shall provide a direct reimbursement to the General Contractor in the amount of the allowance, and such shall be shown in the General Contractor‟s Progress Payment Schedule, and submitted with the monthly pay application. If the fees exceed the allowance, the General Contractor shall submit a request for a Change Order.
Construction Price. The Construction Price shall consist of 2 components: the Fixed Component and the Reimbursable Component. These two components of the Construction Price are as follows:
Construction Price. The Construction Price, subject to the variations referred to in Part B herein, will be the amount as indicated on E2 of the Schedule. This will also include the costs payable by the Builder as stipulated in Part C. Such costs will be payable by the Purchaser to the Contractor as specified in Clause 3 of Part B herein.
Construction Price. (a) In consideration for the performance of the Construction Work, the Owner shall cause the Trustee to pay to the Contractor the Construction Price. The Construction Price will be paid as the Construction Work progresses in amounts determined in accordance with the Milestone Schedule.
Construction Price. In consideration for the performance of the Construction Work, the Agency shall cause the Trustee to pay to the Contractor $[●] (as it may be adjusted by Change Orders from time to time, the “Construction Price”). The Construction Price will be paid as the Construction Work progresses in amounts determined in accordance with Schedule F (Construction Price and Milestone Schedule). The parties acknowledge that the cost of completing the Audit Report is included in the Construction Price and will be payable upon issuance of the Notice to Proceed.
Construction Price. In consideration for the supply of the Systems and the full and complete performance of the Works, the Supplier shall be entitled to receive a lump-sum payment in the amount of [the Grand Total specified in the Price Proposal form], as stipulated by the Supplier in the Price Proposal Form (the "Construction Price"). The Construction Price includes the price of the Initial Spare Parts and Consumables Batch. The Construction Price shall not be linked to any index whatsoever.
Construction Price. Once the Contractor and Agency have agreed on the preliminary list of ECMs in the draft Scope of Construction Work, the Contractor shall deliver a “Pricing Proposal”, prepared on an Open Book Basis, for the installation, implementation and commissioning (including training for Agency personnel) of each proposed ECM. The Contractor shall identify, for each proposed ECM, any hard cost that represents 10 percent or more of the proposed fixed price. Project cost data and the resulting Construction Price must be provided in the format included in Schedule F (Construction Price and Milestone Schedule). The Open Book Basis pricing proposal will be subject to review and comment more fully as set forth below: With respect to all subcontractors listed on Schedule E (Approved Subcontractors) and vendors, Contractor shall deliver competitive bid packages for the Agency’s review and comment prior to solicitation and subcontractors’ and vendors’ responses prior to selection. The Contractor shall take the Agency’s comments into consideration prior to selection of [major] Subcontractors and vendors. The Contractor alone shall make the final section of Subcontractors and vendors (subject to the Agency’s right to reasonably reject Subcontractors, based on its independent assessment of a subcontractor’s past performance or business practices, or adverse prior relationship with the Agency, and further subject to adjustments to price and schedule), and prices shall be fixed and not subject to further adjustment, except pursuant to Change Orders, as described in Article 5 of the GSA. The parties shall agree on an adjustment to the Scope of Construction Work and any other affected provisions of this Agreement caused by the Agency’s rejection of a subcontractor. With respect to any Work to be performed or materials to be supplied by an affiliate of the Contractor or other vendor or supplier with whom Contractor has a trade relationship on a sole source basis, Contractor shall develop an open book and transparent pricing that is consistent in principal with this Section 2.7. The Agency shall have the right to audit all open book data, and, for such purpose, the Contractor shall and shall direct its Subcontractors and vendors to keep and maintain books, records, accounts, and other documents sufficient to reflect accurately and completely the amounts and information that forms the basis for any document used to establish any portion of the Pricing Proposal for a period not less tha...
Construction Price. The dollar amount for which a Builder agrees to perform the Work set forth in a Contract for Construction. Construction Schedule: The timetable which sets forth pertinent dates for timely completion of the Work. Contract for Construction: The entire agreement between Owner and Builder, consisting of the Owner-Builder Agreement and all exhibits thereto; these General Terms and Conditions; special conditions, if any; proposal(s) submitted by the Builder and accepted by Owner, if any; the Construction Documents; any amendments or addenda executed by the Owner and the Builder hereafter; and Owner-approved change order(s) or field orders. Documents not included or expressly contemplated in this definition do not, and shall not, form any part of the Contract for Construction. Without limiting the generality of the foregoing, shop drawings and other submittals from the Builder or its subcontractors and suppliers do not constitute a part of the Contract for Construction.
