Total Contract Cost Sample Clauses

Total Contract Cost. (TCC) The Total Contract Cost shall equal the sum as defined below:
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Total Contract Cost. The total fees currently authorized for these services shall not exceed Twenty One Thousand One Hundred Thirty-nine Dollars and Sixty-seven cents ($21,139.67) for 2017,2018 and 2019 without the express written authorization of the DDA, with the exception of the application of fungicide or disease treatment in the amount of $47.00 if needed.
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Total Contract Cost. “Total Contract Cost” (TCC) means the fixed amount for the detailed Specified General Conditions Work, the negotiated MACC, and the Percent Fee on the negotiated MACC.
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Total Contract Cost. Sum of all aforementioned costs
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Total Contract Cost. The Total Contract Cost (“TCC”) has been determined through a negotiation of the MACC between the Contractor and the Owner. The Contractor shall not be reimbursed for any efforts related to MACC negotiations. By executing this Contract, the Contractor represents and acknowledges that the TCC is reasonable compensation for all of the Work, that the Contract Time set forth in the Construction Schedule is adequate for the performance of the Work, and that Contractor has carefully examined the Contract Documents and the Project site, including any existing structures. The Contractor further represents and acknowledges that it has satisfied itself as to the nature, location, character, quality and quantity of the Work, including the labor, materials, equipment, goods, supplies, work, services and other items to be furnished and all other requirements of the Contract Documents, as well as the surface and subsurface conditions and other matters that may be encountered at the Project site or may affect performance of the Work or the cost or difficulty thereof, including but not limited to those conditions and matters affecting: transportation, access, disposal, handling and storage of materials, equipment and other items; availability and quality of labor, water, electric power and utilities; availability and condition of roads; normal climatic conditions and seasons; physical conditions at the Project site and the surrounding locality; topography; and equipment and facilities needed preliminary to and at all times during the performance of the Work, and furthermore acknowledges that no variation in the aforesaid site conditions from those observed, assumed or contemplated by the Contractor shall form the basis for any claim of changed condition by the Contractor. Maximum Allowable Construction Cost (MACC) The MACC is the fixed amount that has been negotiated by the Owner and Contractor to construct the Work. The MACC includes the Direct Construction Cost, MACC Contingency and an allowance for Negotiated Support Services. The Owner shall maintain a separate contingency for Owner-directed changes and unforeseen conditions. The Direct Construction Cost is the cost of the work to be performed by Subcontractors, including any subcontract work that the Contractor self-performs. The Direct Construction Cost includes all costs of performing services, furnishing labor, providing construction equipment, furnishing and incorporating materials and other equipment into the co...
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Total Contract Cost 
Sample 1

Related to Total Contract Cost

  • Total Contract Amount The contract total for services shall not exceed $1,200,000. Pricing shall be per Exhibit F attached.

  • Project Cost a. The estimated cost of the Project is $ 97,740.00. This amount is based upon the Schedule of Financial Assistance in Exhibit "B", attached to and incorporated in this Agreement. Exhibit “B” may be modified by mutual execution of an amendment as provided for in paragraph 5.i.

  • Total Project Cost The total cost of the Project is $36,378,683, of which (i) a match is being contributed in the amount of $21,000,000 shall be Matching Funds, and (ii) $15,378,683 shall be provided by the Grant. The total estimated cost of the Project is based upon the Budget. To the extent that the actual cost of the Project exceeds $36,378,683, Grantee shall be solely responsible for such excess. Grantee shall monitor the Budget and submit an amended Budget to Triumph in the event that (a) the total cost of the Project increases or decreases by greater than five percent (5%), (b) total the Budget increases or decreases by greater than five percent (5%), (c) the Budget increases or decreases by greater than five percent (5%) within a particular Budget category, and/or (d) Grantee’s portion of the Matching funds decreases by greater than five percent (5%). If Grantee proposes an increase or decrease by greater than five percent (5%) as described above as compared to the most recently approved Budget, such proposal shall be submitted to Triumph in writing along with a proposed amended Budget, and Triumph shall have the right to approve or disapprove both the proposed Budget category increase or decrease and the proposed amended Budget. If Grantee fails to obtain Triumph's approval, that failure shall be sufficient cause for nonpayment by Triumph as provided in Section 4.2(f). Using the Grant, its own funds, and funds from other sources (including, but not limited to, the Matching Funds), Grantee agrees to bear the entire cost and expense of the Project, including but not limited to, all costs and all expenses in excess of the total estimated cost of the Project, it being expressly understood and agreed that the Grant shall operate only to pay, on and subject to the terms and conditions set forth herein, a portion of the costs and expenses of the Project. Furthermore, Grantee agrees to spend all of the Matching Funds as contemplated in the Budget, and agrees that its failure to do so shall be deemed a material breach of this Agreement.

  • Total Cost It is estimated that the total cost to Princeton University for the performance of this Contract shall not exceed the Not-to-Exceed Price set forth in the Contract and the Contractor agrees to use its best efforts to perform the Work specified in the Contract and all obligations under this Contract within such Not-to- Exceed Price. If at any time the Contractor has reason to believe that the hourly rate payments and material costs that will accrue in performing this Contract in the next succeeding thirty (30) days, if added to all other payments and costs previously accrued, will exceed eighty-five percent (85%) of the Not-to-Exceed Price in the Contract, the Contractor shall notify Princeton University giving a revised estimate of the total price for performing this Contract with supporting reasons and documentation. If at any time during performing this Contract, the Contractor has reason to believe that the total price to Princeton University for performing this Contract will be substantially greater or less than stated Not-to-Exceed Price, the Contractor shall so notify Princeton University, giving a revised estimate of the total price for performing this Contract, with supporting reasons and documentation. If at any time during performance of this Contract, Princeton University has reason to believe that the cost required to perform the Work of this Contract will be substantially greater or less than the stated Not-to-Exceed Price, Princeton University will so advise the Contractor, giving the then- revised estimate of the total amount of effort to be required under the Contract.

  • Actual Contract Duration Description / Performance Very poor (1) Poor (2) Fair (3) Good (4) Excellent (5) Quality of office administration Quality of site management Competence of xxxxxxx Co-operation during contract Quality of workmanship Quality of materials Project management Rectification of condemned work Tidiness of site Adequacy of equipment Adequacy of labour force Procurement of materials Labour relations Any other remarks considered necessary to assist in evaluation of the contractor? ………………………………………………………………………………………………………………………………………...

  • PAYMENT AND CONTRACT PRICE C1 Contract Price C2 Payment and VAT C3 Recovery of Sums Due C4 Contract Price During Extension of the Initial Contract Period C5 Euro

  • Subcontract Costs Payments made by the Construction Manager to Subcontractors in accordance with the requirements of the subcontracts.

  • 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.

  • C1 Contract Price C1.1 In consideration of the Contractor’s performance of its obligations under the Contract, the Authority shall pay the Contract Price in accordance with clause C2 (Payment and VAT).

  • Payment and Contract Price C1 Contract Price

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