Design and Construction Costs. 2.3.1 The parties have not included, other than allowances specified, any Principal Representative’s contingency in the Lump Sum Lump Sum Contract Price. The Design/Build Entity is responsible for performing in accordance with the Contract Documents, in exchange for the payment of the Lump Sum Contract Price by the Principal Representative. Any adjustments in the Lump Sum Contract Price will be governed by the General Conditions of the Design/Build Lump Sum Agreement (SC-8.1).
2.3.2 The Schedule of Values shall include, without duplication:
.1 All labor, materials, equipment, tools, construction equipment and machinery, water, heat, utilities, transportation, and other facilities and services necessary for the proper execution and completion of the Work, whether temporary or permanent, and whether or not incorporated or to be incorporated in the Work; .2 Any allowance designated by the Principal Representative; .3 Any Principal Representative furnished equipment which has been designed, specified, selected or specifically provided for by the Design Build Entity’s Architect/Engineer;
Design and Construction Costs. 3.3.1 It is the desire of the Principal Representative to incorporate as many alternate bid items into the Project as reasonable, in order to maximize the scope for the Fixed Limit of Design & Construction Cost. All parties recognize that the availability of costs to perform the Work depend, in part, upon favorable market conditions. With thorough and careful planning, cost estimating and cooperation, funds may become available for the alternates through the procurement process at less than the Design/Build Entity’s estimated cost therefore. Together with savings through the unexpended portion of the bidding contingency, the Principal Representative may authorize alternates and/or additional scope, all within the Fixed Limit of Design & Construction Cost.
3.3.2 To accomplish the inclusion of alternates and/or increases, the project contingency shall be as follows and included in the GMP:
a) The bidding contingency for all Bid Packages together with the construction of the Work shall be equal to at least two point five percent (2.5%) of the total Guaranteed Maximum Price, all within the Fixed Limit of Construction Cost. The bidding contingency shall be allocated between the presently Insert number of packages ( ) Bid Packages, equally proportionate to the value associated with each Bid Package. The Design Build Entity shall notify, in writing, the Principal Representative of the allocation of the bidding contingency for each Bid Package.
b) The construction contingency for the Work shall be equal to at least three percent (3%) of the total Guaranteed Maximum Price, all within the Fixed Limit of Construction Cost.
3.3.3 At the conclusion and award of the Bid Packages, all differences between the Design/Build Entity’s estimated cost of the Work contained within the Bid Packages, exclusive of contingency, versus the actual cost thereof as determined by bidding and award (buyouts) shall be promptly calculated and totaled. If the total of all of the buyouts exceed the Design/Build Entity estimated cost therefore, the bidding contingency identified in paragraph 3.3.2.1 shall be applied by the Design/Build Entity, after prior written notice to the Principal Representative, to cover any overrun per Bid Package.
3.3.4 After all of the Bid Packages have been bought out, any and all savings achieved through the buyouts of the Bid Packages together with all unexpended sums remaining in the bidding contingencies shall forthwith accrue to the Principal Representative to ...
Design and Construction Costs. CPSC shall bear and pay the costs -------------------------------- incurred in connection with the design and construction of the Pipelines and the Facilities and the acquisition of the Easements.
Design and Construction Costs. Traffic Materials List 4. City of Boise Capitol City Hall Plaza Renovation Plan Sheets. THIS INTERAGENCY AGREEMENT FOR INSTALLATION OF APS EQUIPMENT FOR THE TRAFFIC SIGNAL SYSTEM AT CAPITOL BLVD AND MAIN STREET (“Agreement”) is made and entered into this 10th day of October , 2017, by and between the ADA COUNTY HIGHWAY DISTRICT, a highway district organized under the laws of the State of Idaho (“DISTRICT” or “ACHD”), and the city of _BOISE CITY_, a municipal corporation organized under the laws of the State of Idaho (“BOISE” or “City”), regarding Boise City’s Project City Hall Plaza Renovation, Project No. GBP-092.
Design and Construction Costs. 7.1. Design and Construction Costs shall consist of, but not be limited to, the following direct costs:
7.1.1. Costs of contracts entered into by the Operating Agent, for equipment, material, labor, services and studies performed in connection with Design and Construction Work.
7.1.2. Costs of structures and improvements, equipment, and temporary facilities for the NWRRDS.
7.1.3. Costs and expenses, including those of outside consultants and attorneys, incurred by the Operating Agent for acquiring construction and operating permits, design, certificates and licenses, for complying with environmental laws, rules and regulations, and the preparation of agreements relating to Design and Construction Work executed with entities other than the Parties hereto.
7.1.4. Costs of direct labor, materials, supplies, apparatus, initial spare parts, power, supporting information technology software, and water in connection with Design and Construction Work, including rental charges and specialty tools, machinery and equipment.
Design and Construction Costs. 9.1.1. Each Party shall pay its share of the Design and Construction Costs on the basis set forth in Exhibit B.
9.1.2. Within thirty (30) days of the Effective Date of this Agreement, each Party (other than MDWID) shall establish an escrow capital account (each, an “Escrow Capital Account”) to address payment of each Party’s share of the Design and Construction Costs. MDWID shall be a signatory on each Escrow Capital Account with authority to withdraw funds at its discretion. During design, each Escrow Capital Account shall maintain a balance sufficient to cover each Party’s share of the design costs.
9.1.3. At least thirty (30) days prior to the commencement of a new construction or expansion phase for which a budget is provided and approved as set forth in Section 5.2.1.10, each Party shall establish a balance in its Escrow Capital Account at least equal to its estimated share of the Design and Construction Costs for the next construction or expansion phase and also sufficient to pay for all administrative fees of the Operating Agent for processing invoices and payments.
9.1.4. The Operating Agent shall pay Design and Construction Costs as they become due and shall draw from each Party's Escrow Capital Account funds to reimburse the Operating Agent for the Party's share of the Design and Construction Costs and Operating Agent’s administrative fees.
9.1.5. The Operating Agent shall provide a monthly statement to each Party specifying expenditures for the prior month for that Party, and the distribution of these expenditures to each participating Party.
9.1.6. If a Party’s Escrow Capital Account balance is insufficient to reimburse the Operating Agent for that Party's appropriate share of the Design and Construction Costs, the Operating Agent shall, in writing, notify the Party, and the Party shall, within three (3) calendar days, directly reimburse the Operating Agent any amount paid by the Operating Agent that exceeded the available funds in that Party's Escrow Capital Account. Amounts that are owed shall accrue interest at the statutory interest rate set forth in A.R.S. § 44-1201.
9.1.7. Each Party shall pay one-third of the cost of software, software maintenance and support, staff time for accounts payable processing, accounts receivable invoicing, project accounting, tracking and recording, payment withdrawals, reporting, and ACH or Wire transfer.
Design and Construction Costs. ACHD shall reimburse Developer for all Design and Construction Costs (defined below) from Overlay Fees collected by ACHD within the West Foothills Overlay Assessment District. For the purposes of this Agreement, the term “Design and Construction Costs” shall include all of Developer’s Project Costs (as that term is defined in the CDA), including but not limited to: costs incurred by Developer for the design, permitting, and construction of the improvements set forth in Section 4.1.
Design and Construction Costs. The Parties, through their respective funding sources, will bear a portion of the administrative, legal, insurance and other costs involved in the design, construction, management and oversight of the Project as described herein and in the Supplemental MOU. The amount of each Party’s respective contribution to the total cost of the Project, and each related funding source, shall be agreed in writing by Parties prior to the award of bids as provided above in Section 4(h). The School District previously paid certain preliminary costs related to the Project, and anticipates continuing to pay other preliminary costs prior to the commencement of construction. These payments shall be reconciled with the agreed contribution plan to be established under this Section. The Parties anticipate that the project will be funded through a private raise and alternate revenue bonds secured by a Lease Agreement to be executed by the Park District as lessor and School District as lessee.
Design and Construction Costs. The County shall be responsible for all costs associated with the preliminary and final design, relocation of utilities not owned by the City, construction bidding, project management, and all other costs related to the County Project (“Project Cost”).
Design and Construction Costs. Subject to advances by Kennecott as set forth in Section 9.3.b and reimbursement from the Trust Fund as set forth in Section VI of the State Agreement, JVWCD shall pay all costs associated with the design, permit- ting, construction, operation, maintenance and replacement of the Lost Use Facilities and the acquisition of any lands and easements necessary to fulfill its obligations under Sec- tion 6.
