Costs of the Work. (a) The Owner’s costs for Adjustment of each Owner Utility shall be derived from (i) the accumulated total of costs incurred by the Owner for design and construction of such Adjustment, plus (ii) the Owner’s other related costs to the extent permitted pursuant to Paragraph 5(c) (including without limitation the eligible engineering costs incurred by the Owner for design prior to execution of this Agreement), plus (iii) the Owner’s right of way acquisition costs, if any, which are reimbursable pursuant to Paragraph 16.
(b) The Owner’s costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]:
(1) Actual costs accumulated in accordance with a work order accounting procedure prescribed by the applicable Federal or State regulatory body ("Actual Cost"); or
(2) Actual costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations ("Actual Cost"); or
(3) The agreed sum of $ (“Agreed Sum”), as supported by the analysis of estimated costs attached hereto as part of Exhibit A.
Costs of the Work. (a) The costs for Adjustment of each Owner Utility shall be derived from (i) the accumulated total of costs incurred by the Developer for design and construction of such Adjustment (“direct costs”), plus (ii) the Owner’s costs directly and necessarily incurred in connection with the Adjustment (“indirect costs”), including without limitation the engineering costs incurred by the Owner for design or design review prior to execution of this Agreement (to the extent permitted pursuant to Paragraph 6(c)), plus (iii) the Owner’s right-of-way acquisition costs, if any, which are reimbursable pursuant to Paragraph 16. The Owner’s indirect costs are estimated below [insert below a list of estimated Owner indirect costs, or refer to an attached exhibit]:
(b) The Owner’s indirect costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]:
(1) Actual related indirect costs accumulated in accordance with a work or accounting procedure prescribed by the applicable Federal or State regulatory body; or
(2) Actual related indirect costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations; or
(3) The agreed sum of $ , as supported by the analysis of estimated costs included in Paragraph 6(a).
(c) Eligible Owner indirect costs shall include only those authorized under 23 C.F.R. Part 645, Subpart A. The Owner agrees that costs referenced in 23 C.F.R. Section 645.117(d)(2) are not eligible for reimbursement. These regulations can be found at: xxxx://xxxxxxx.xxxxxx.xxx.xxx/cfr_2008/aprqtr/23cfr645.117.htm .
Costs of the Work. For purposes of this Work Letter, "Costs of the Work" shall mean and include all: (a) architect's, engineer's and consultants' fees and costs; (b) deposits, fees and costs for building and other permits, licenses and approvals; (c) tests and inspections; (d) security; (e) insurance and bond premiums; (f) utilities; (g) all amounts payable to any contractors, subcontractors, suppliers and vendors; and (h) all other charges, fees, expenses and other costs incurred or arising in connection with the Tenant's Work.
Costs of the Work. The Costs of the Work for the Project as defined in Paragraph 2.7.2.1, Chapter 2, Article 2 of Appendix “A” incorporated in this Agreement.
Costs of the Work. (a) The costs for Adjustment of each Owner Utility shall be derived from (i) the accumulated total of costs incurred by the Developer for design and construction of such Adjustment (“direct costs”), plus (ii) the Owner’s costs directly and necessarily incurred in connection with the Adjustment (“indirect co a sts”), including without limitation the engineering costs incurred by the Owner for design or design review prior to execution of this Agreement (to the extent permitted pursuant to Paragraph 5(d)), plus (iii) the Owner’s right of way acquisition costs, if any are reimbursable pursuant to Paragraph 16.
(b) The Developer’s costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]:
(1) Developer's "Actual Cost" for the Adjustment work shall be the sum of the actual, allocable and reasonable charges incurred by Developer for such work, developed in accordance with generally recognized accounting principles, including but not limited to: all labor, transportation, equipment, materials, permits, and indirect and overhead charges; or
(2) The agreed sum of $ (“Agreed Sum”) as supported by the analysis of the Developer's estimated costs attached hereto as part of Exhibit A; or
(3) The Developer is responsible for 100% of the costs for the Adjustment work, and there is no Betterment. Accordingly, the Developer is not required to report such costs to the Owner.
(c) The Owner’s indirect costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]:
(1) Actual related indirect costs accumulated in accordance with a work order accounting procedure prescribed by the applicable Federal or State regulatory body (“Actual Cost”); or
(2) Actual related indirect costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations (“Actual Cost”); or
(3) The agreed sum of $ (“Agreed Sum”) as supported by the analysis of the Owner's estimated costs attached hereto as part of Exhibit A.
(d) Eligible Owner costs shall include only those authorized under 23 C.F.R. Part 645, Subpart A. The Owner agrees that costs referenced in 23 C.F.R. Section 645.117(d)(2) are not eligible for reimbursement. These regulations can be found at: xxxx://xxx.xxxxxx.xxx.xxx/nara/cfr/waisidx_03/23cfr645_03.html.
Costs of the Work. (a) The costs for Adjustment of the Owner Utilities shall be derived from (i) the accumulated total of costs incurred by the Developer for design and construction of such Adjustment (“direct costs”), plus (ii) the Owner’s related costs (“indirect costs”), including without limitation the engineering costs incurred by the Owner for design or design review prior to execution of this Agreement (to the extent permitted pursuant to Paragraph 6(c)), plus
Costs of the Work. Costs which the Construction Manager must necessarily incur to properly perform the Work in strict compliance with the Contract Documents and which are described in Article VIII of this Agreement.
Costs of the Work. For purposes of this Work Letter, "Costs of the Work" shall mean and include all of the following with respect to the Tenant Improvement Work: (a) architect's, engineer's and consultants' fees and costs; (b) deposits, fees and costs for building and other permits, licenses and approvals; (c) tests and inspections; (d) all amounts payable to any contractors, subcontractors, suppliers and vendors; and (e) all other charges, fees, expenses and other costs incurred or arising in connection with Tenant Improvement Work.
Costs of the Work. For purposes of this Work Letter, "Costs of the Work" shall mean and include all: (a) architect's, engineer's and consultants' fees and costs; (b) deposits, fees and costs for building and other permits, licenses and approvals; (c) tests and inspections; (d) security; (e) insurance and bond premiums; (f) utilities; (g) all amounts payable to any contractors, subcontractors, suppliers and vendors; and (h) all other charges, fees, expenses and other costs incurred or arising in connection with the Initial TI Work. Costs of the Work shall exclude all costs of construction of the Building shell, which shall be bome solely by Landlord.
Costs of the Work. The Costs of the Work are the construction costs necessarily incurred by Construction Manager in the proper performance of the Work, including, at market rates and with reasonable allowance for Subcontractor overhead and profit, the cost of the labor, materials and equipment to be incorporated into the Work (and with respect to payments to Subcontractors, broken down by applicable trade as set forth in the form of the Trade Payment Breakdown attached hereto as part of Exhibit E), in accordance with Part II, Section 7.1.2, and also include the following items: (a) Allowances, as defined in Part II, Section 7.4, (b) the costs of testing and inspecting the Work required for the proper execution of the Work, except as otherwise provided in Part II, Article 23 hereof, (c) the costs of storage and required insurance with respect to materials or equipment not incorporated in the Project or stored at off-site storage locations as shall have been approved by Owner, (d) the costs incurred in connection with the transportation, freight, trucking, and storage and warehousing of materials required to be purchased and received for the Work in advance of their incorporation into the Work in order to maintain the Project Schedule, (e) net rental charges of all machinery and equipment including hoists and hoist pads required for the proper execution of the Work and used on the Project (exclusive of hand tools and normal, customary site office equipment), together with costs incurred in the installation thereof, minor repairs and replacements thereto and the dismantling, removal, transportation and delivery of the same, at rental charges and costs consistent with those prevailing in the area, (f) site services tool rental(s), invoiced at fixed rates of 85% current AED Green Book or invoice plus 15% if not listed (AED Green Book rates are base single-shift rates billed on a 28-day cycle not inclusive of sales tax if applicable or ancillary fees not limited to but including environmental fees, state property tax fees, pickup and delivery, fuel costs, hour overages and surcharges), (g) costs of fences, protection of the Site, connections for electricity, temporary heat, temporary power and temporary light, temporary toilets, broom cleaning, glass breakage, pilferage, pumping, cutting and patching, and safety protection, (h) costs incurred for sanitary facilities, first aid facilities, safety protection, safety personnel and advisors, fire extinguishers, toilets, first aid, win...
