Project Cost Schedule Sample Clauses

Project Cost Schedule. The estimated aggregate and per Project cost of the Projects as detailed on the schedule to be mutually approved by Buyer and Seller.
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Project Cost Schedule. The Project Cost Schedule in --------------------- form and substance satisfactory to the Bank approved by the Bank and the Inspecting Architect, and certified by the Borrower as of the Date of Issuance to be true, correct and complete.
Project Cost Schedule. An itemized schedule on a line-item basis, covering the projected total Project Costs (including, without limitation, all cost items shown on the Cost Breakdown), specifying: (a) those portions of each Project Cost item which have been incurred; and (b) those portions of each Project Cost item which have been paid, all as of the date of such schedule, together with such updates thereof as Lender may request.
Project Cost Schedule. The Project Cost Schedule reflects a total Project Cost of Thirteen Million Eight Hundred Ninety-Nine Thousand Two Hundred Seventy-Seven and No/100ths Dollars ($13,899,277.00). The Project Cost Schedule includes Special Tenant Improvement Allowances totaling Five Hundred Seventy-Two Thousand One Hundred Ninety-Four and No/100ths Dollars ($572,194.00) for Exterior Modifications (representing $338,631.00) and Atrium/Interior Modifications (representing $233,563.00) as shown on the Budget Reconciliation attached to the Project Cost Schedule; the sum of One Million Eight Hundred Forty-Four Thousand Five Hundred and No/100ths ($1,844,500.00) as the “Tenant Improvement Allowance” (at $20.00 per square foot for 92,225 square feet) for design and installation of the interior improvements (“Tenant Improvements”); and an additional sum of Seventy Thousand and No/100ths Dollars ($70,000.00) for lobby enhancement. The Exterior Modifications and Atrium/Interior Modifications are incorporated into the Conceptual Plans and Specifications. The Exterior Modifications, the Atrium/Interior Modifications, the Building expansion to 92,225 square feet, the increased Building elevation, the Architectural Precast Upgrade, as defined below, and the net increase in soft costs and construction interest result in an aggregate increase of $1,210,687 to the Project budget. This increase will be funded as follows: (i) $ 436,963 - funded by Base Rent; $ 175,000 - paid by Landlord; $ 70,000 - lobby enhancement allowance provided by Landlord $ 681,963 Total (ii) Subject to adjustments in the actual costs of Tenant Improvements and the Special Tenant Improvement Allowance Items (as defined below), Tenant agrees to pay to Landlord the sum of Five Hundred Twenty-Eight Thousand Seven Hundred Twenty-Five and No/100ths Dollars ($528,725.00) as follows: (a) Xxxxxxx & Xxxxxxxxx of Florida, Inc. has reduced its real estate commission by the amount of $247,000.00; and (b) the remainder due shall be paid by Tenant in the form of cash within fifteen (15) days of receipt of an invoice submitted by Landlord or as an offset against any unused Tenant Improvement Allowance or Special Improvement Allowance (together, referred to as the “Tenant Allowance”) or a combination of both cash and offset. In connection therewith, it is understood that the Tenant Improvement Allowance shall only be applied or used as an offset pursuant to the preceding subsection (b) to the extent of space occupied by Tenant in the D...
Project Cost Schedule. The following shall be accomplished by the (Construction Manager with assistance from the) Professional. a. Prepare an Itemized Cost Estimate based upon factors prevailing or predictable for the proposed bidding period. Evaluate cost/benefits of multi-prime construction. b. Provide an updated version of the bar chart schedule of the project including an estimate of construction. c. Determine method(s) and appropriate phasing of contracting, for construction, for any long lead items and for purchase of any University-furnished materials. This shall be consistent with any approved phasing. d. Provide, in a format acceptable to the University, an estimate of operating utility costs and calculated payback periods for the energy saving elements proposed.

Related to Project Cost Schedule

  • Project Cost An updated cost spreadsheet reflecting the current forecasted cost vs. the latest approved budget vs. the baseline budget should be included in this section. One way to track project cost is to show: (1) Baseline Budget, (2) Latest Approved Budget, (3) Current Forecasted Cost Estimate, (4) Expenditures or Commitments to Date, and (5) Variance between Current Forecasted Cost and Latest Approved Budget. Line items should include all significant cost centers, such as prior costs, right-of-way, preliminary engineering, environmental mitigation, general engineering consultant, section design contracts, construction administration, utilities, construction packages, force accounts/task orders, wrap-up insurance, construction contingencies, management contingencies, and other contingencies. The line items can be broken-up in enough detail such that specific areas of cost change can be sufficiently tracked and future improvements made to the overall cost estimating methodology. A Program Total line should be included at the bottom of the spreadsheet. Narratives, tables, and/or graphs should accompany the updated cost spreadsheet, basically detailing the current cost status, reasons for cost deviations, impacts of cost overruns, and efforts to mitigate cost overruns. The following information should be provided:

  • Construction Contract; Cost Budget Prior to execution of a construction contract, Tenant shall submit a copy of the proposed contract with the Contractor for the construction of the Tenant Improvements, including the general 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 (i), (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.

  • Project Cost Overruns In the event that the Recipient determines that the moneys granted pursuant to Section II hereof, together with the Local Subdivision Contribution, are insufficient to pay in full the costs of the Project, the Recipient may make a request for supplemental assistance to its District Committee. The Recipient must demonstrate that such funding is necessary for the completion of the Project and the cost overrun was the result of circumstances beyond the Recipient's control, that it could not have been avoided with the exercise of due care, and that such circumstances could not have been anticipated at the time of the Recipient's initial application. Should the District Committee approve such request the action shall be recorded in the District Committee's official meeting minutes and provided to the OPWC Director for the execution of an amendment to this Agreement.

  • Project Schedule Construction must begin within 30 days of the date set forth in Appendix A, Page 2, for the start of construction, or this Agreement may become null and void, at the sole discretion of the Director. However, the Recipient may apply to the Director in writing for an extension of the date to initiate construction. The Recipient shall specify the reasons for the delay in the start of construction and provide the Director with a new start of construction date. The Director will review such requests for extensions and may extend the start date, providing that the Project can be completed within a reasonable time frame.

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Project Budget A Project Budget shall be prepared and maintained by Grantee. The Project Budget shall detail all costs for which the Grant will be used during the Term. The Project Budget must be approved in writing by the Project Monitor. Grantee shall carry out the Project and shall incur costs and make disbursements of funds provided hereunder by the Sponsor only in conformity with the Project Budget. The current approved Project Budget is contained in Attachment “C”. Said Project Budget may be revised from time to time, but no Project Budget or revision thereof shall be effective unless and until the same is approved in writing by Project Monitor. The funds granted under this Grant Contract cannot be used to supplant (replace) other existing funds.

  • Construction Cost Budget The total cost to District of all elements of the Project designed or specified by the Architect, as adjusted at the end of each design phase in accordance with this Agreement. The Construction Cost Budget does not include the compensation of the Architect and the Architect’s Consultants, the cost of land, rights-of-way, financing or other costs which are the responsibility of the District, including construction management.

  • Construction Budget The total amount of funds indicated by the District for the entire Project plus all other costs, including design, construction, administration, and financing.

  • Total Project Cost With regard to any Real Property acquired prior to or during the development, construction or improvement stages, all hard and soft costs and expenses paid or incurred by or on behalf of the Corporation that are in any way related to the development, construction, improvement or stabilization (including tenant improvements) of such Real Property, including, but not limited to, any debt, whether borrowed or assumed, land and construction costs.

  • Project Completion Report At the completion of construction and once a Project is placed in service, the Subrecipient must submit a Project Completion Report that includes the total number of units built and leased, affordable units built and leased, DR-MHP units built and leased, an accomplishment narrative, and the tenants names, demographics and income for each DR-MHP unit.

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