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Additional Construction Costs definition

Additional Construction Costs means any net increases in construction costs for the Vessel which (i) result from actions by the Initial Charterer or the Technical Supervisor; (ii) are approved by the Owner, such approval not to be unreasonably withheld; and (iii) occur after execution of the Building Contract but prior to the Delivery Date.
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Additional Construction Costs means, with respect to a Change Order, any and all additional costs and expenses which are attributable to such Change Order, including, without limitation, architectural and design fees and expenses and the amount charged to Lessor by the Approved Contractor for such Change Order, which may include reasonable, customary, and applicable administrative, overhead and profit allowances payable to the Approved Contractor, plus any reasonable, customary, and applicable administrative fee charged by Lessor with respect to such Change Order. For the avoidance of doubt, subsections 40.41, 40.42 and 40.43 of the Lease have been and hereby are deleted in their entirety.
Sample 1
Additional Construction Costs means, with respect to a Change Order, any and all additional costs and expenses which are attributable to such Change Order, including, without limitation, architectural and design fees and expenses and the amount charged to Lessor by the Approved Contractor for such Change Order, which may include reasonable, customary, and applicable administrative, overhead and profit allowances payable to the Approved Contractor, plus any reasonable, customary, and applicable administrative fee charged by Lessor with respect to such Change Order.
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Examples of Additional Construction Costs in a sentence

  • Upon prior written notice to the Customer, if Dominion Energy elects to remediate the contamination, Customer shall pay all costs incurred by Dominion Energy arising from or caused by the remediation as Additional Construction Costs.

  • St. John’s has paid, will pay, or will cause to be paid the St. John’s Additional Contribution and the St. John’s Shared Additional Construction Costs towards the Synod Construction Costs (collectively, “St. John’s Construction Funding”).

  • Customer shall also pay any additional Construction Costs that may arise during installation, including but not limited to frost and/or rock trenching ("Additional Construction Costs") within 30 days of the Company invoice date.

  • An example of backward coarticulation is a difference in articulation of a final consonant in a word depending on the preceding vowel, e.g. boot vs beet.

  • Inclusion of a 25% multiplier on the Base and Additional Construction Costs comprises the cost for Engineering Administration and Legal.

  • The Required Capital Contribution does not include additional construction costs that may arise during the Work, including but not limited to, costs for obtaining rights-of-way and permits, difficult or weather-related construction conditions, frost, rock trenching, other requests by Customer, or unanticipated delays (Additional Construction Costs).

  • Notwithstanding anything to the contrary contained in this Lease, in no event is Landlord obligated to disburse amounts for the Additional Construction Costs to the extent Landlord reasonably believes that the sum of the Construction Cost, the sums previously disbursed by Landlord for Additional Construction Costs and the Additional Construction Costs requested may exceed the Construction Allowance.

  • Table 4.3.1 BNPPRE Additional Construction Costs Construction Type UnitExternal, Services, Utilities10%Contingency (Developer)5%Contingency (Construction)5% In addition to the above costs we have also made an allowance for Professional Fees of 10% in accordance with our experience of schemes of this nature.

  • This shall include all of the costs identified herein and any Additional Construction Costs are subject to change based on materials and contractor costs as described above.

  • The current anticipated breakdown of contingency funds is as follows: Total SRF Loan Agreement Contingency$5,440,000IEC DSDC Amendment($733,655)GAC Treatment Equipment (worst case)($1,565,334)*Estimated GAC Treatment Yard Piping and Installation Costs($2,500,000)Estimated Remaining Funds for Potential Additional Construction Costs $641,011*Note that the yard piping and installation costs shown are an estimate.


More Definitions of Additional Construction Costs

Additional Construction Costs means the following costs (to the extent not included in the Construction Cost): (w) all reasonable out-of-pocket costs for the preparation of the Tenant Working Drawings (including the Tenant Engineering Drawings), interior design and finish schedule plans, drawings and specifications (including any as built drawings), and all other space plans and plans and specifications for the Tenant Improvements, (x) all reasonable out-of-pocket costs of obtaining building permits and other necessary authorizations from the applicable governmental authorities and the payment and performance bond for the Tenant Contractor, (y) the reasonable out-of-pocket expenses of moving to the Initial Leased Premises, and (z) all other reasonable out-of-pocket costs of procuring and installing the Tenant Improvements (including communication equipment) in the Initial Leased Premises. Tenant must submit reasonable documentation to Landlord supporting such reimbursement or payment at least ten (10) days prior to the proposed disbursement. Notwithstanding anything to the contrary contained in this Lease, in no event is Landlord obligated to disburse amounts for the Additional Construction Costs to the extent Landlord reasonably believes that the sum of the Construction Cost, the sums previously disbursed by Landlord for Additional Construction Costs and the Additional Construction Costs requested may exceed the Construction Allowance.
Sample 1
Additional Construction Costs means the additional dollar costs of all change orders to the Initial Construction Cost, represented by the General Contractor’s Change Orders #1, #2, #3, and #4, together with any other change orders of the General Contractor, if applicable, except that the following are not included in the Additional Construction Costs: (i) the cost of rerouting the 3-phase feeder circuit as described in General Contractor’s Change Order #1 ($4,105.00); (ii) the cost of replacing existing windows as described in General Contractor’s Change Order #2 ($9,914.00); (iii) the costs associated with the refurbishing of St. John’s main floor bathrooms, as described in the General Contractor’s Change Order #2 ($37,778); (iv) the costs associated with replacing lamps in the Lefstead Hall fixtures and replacing the Men’s bathroom closer, as described in General Contractor’s Change Order #4 (totaling $935.00); (v) the costs paid by St. John’s, if any, related to defects in the Synod Construction, including items set forth on the Punch List; and (vi) the Synod-Requested Change Order Costs.
Sample 1
Additional Construction Costs means in respect of a Vessel, any increase in the Contract Price under Article II paragraph 2 of the relevant Shipbuilding Contract;
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Related to Additional Construction Costs

  • Direct Construction Cost shall have the meaning set forth in Article 11.

  • Construction Costs means any and all costs incurred by the Contractor with respect to the construction and equipping, as the case may be, of the improvements performed, whether paid or incurred prior to or after the date hereof, including, without limitation, costs for Site preparation, the removal or demolition of existing structures, the construction of the Project and related facilities and improvements, and all other work in connection therewith, security of the Site and Project, Contractors’ overhead and supervision at the Project Site, all costs and expenses including any taxes or insurance premiums paid by the Contractor with respect to the Property, and administrative and other expenses necessary or incident to the Project, excluding Contractors’ and Developers’ home office overhead and profit. The term “Construction Costs” includes all Contractor’s costs associated with preparing or generating additional copies of any Construction Documents, as defined below, related to or required for the Project, including preparation or generation of additional Plans and/or Specifications for Contractor’s Subcontractors. In no event shall Construction Costs exceed the Guaranteed Maximum Price.

  • Estimated Construction Cost or “ECC” means the amount calculated by Contractor for the total cost of all elements of the Work based on this Agreement available at the time(s) that the ECC is prepared. The ECC shall be based on current market rates with reasonable allowance for overhead, profit and price escalation and shall include and consider, without limitation, all alternates and contingencies, designed and specified by A/E and the cost of labor and materials necessary for installation of Owner furnished equipment. The ECC shall include all the cost elements included in the AACC, as defined above, and shall represent Contractor’s best current estimate of the Guaranteed Maximum Price it will propose for the Project based on the information then available. The ECC shall not include Contractor’s Pre-Construction Phase Fee, A/E’s Fees, the cost of the land and rights-of-way, or any other costs that are the direct responsibility of Owner.

  • Original construction means the first or initial construction

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • Residential construction means construction on single-family or two-family dwellings occupied or used, or intended to be occupied or used, primarily for residential purposes, and includes real property pursuant to chapter 499B.

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Construction Fee means a fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or provide major repairs or rehabilitations on a Property.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Building construction means any physical activity on the site involved in the erection of a structure, cladding, external finish, formwork, fixture, fitting of service installation and the unloading of plant, machinery, materials or the like.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Construction Budget means the cost of acquisition, installation, testing, constructing and developing any Property as determined by the Construction Agent in its reasonable, good faith judgment.

  • Cost of Construction means the total cost to Owner of those portions of the entire Project designed or specified by the Design Professional. Cost of Construction does not include the Design Professional's compensation and expenses and Owner's expenses associated with the Project or the cost of other services to be provided by others to the Owner.

  • Construction and Demolition Debris means and includes:

  • Existing construction means any structure for which the "start of construction" commenced before the effective date of the initial floodplain management code or ordinance adopted by the community as a basis for that community's participation in the NFIP.

  • The constructional plant means all appliances, tools, plants or machinery or whatsoever nature required in or about the execution, completion or maintenance of the works but does not include materials or other things intended to form part of the permanent work.

  • Operation and Maintenance Costs means the costs of:

  • Scheduled Construction Period means the period commencing from the Appointed Date and ending on Scheduled Completion Date;

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Acquisition and Construction Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Completion of Construction means the date, as determined by the Division after consultation with the Recipient, that the work of building and erection of the Project is substantially complete, and is identified in Exhibit A of this Agreement.

  • Leasing Costs means, with respect to a particular Lease, all capital costs, expenses incurred for capital improvements, equipment, painting, decorating, partitioning and other items to satisfy the initial construction obligations of the landlord under such Lease (including any expenses incurred for architectural or engineering services in respect of the foregoing), “tenant allowances” in lieu of or as reimbursements for the foregoing items, payments made for purposes of satisfying or terminating the obligations of the tenant under such Lease to the landlord under another lease (i.e., lease buyout costs), relocation costs, temporary leasing costs, leasing commissions, brokerage commissions, legal, design and other professional fees and costs, in each case, to the extent the landlord is responsible for the payment of such cost or expense under the relevant Lease or any other agreement relating to such Lease.

  • Begin actual construction means, in general, initiation of physical on-site construction activities on an emissions unit which are of a permanent nature. Such activities include, but are not limited to, installation of building supports and foundations, laying of underground pipework, and construction of permanent storage structures. With respect to a change in method of operation, this term refers to those on-site activities, other than preparatory activities, which mark the initiation of the change.

  • Commenced Construction means (a) all of the following site preparation work is completed: ingress and egress routes exist; the site on which the Project will be located is cleared and graded; there is power service to the site; footings are prepared; and foundations have been poured consistent with purchased equipment specifications and project design; or (b) the following financial commitments have been made: (i) (A) an engineering, procurement, and construction contract (“EPC”) has been executed by all parties and is effective; or (B) contracts (collectively, “EPC Equivalents”) for all of the following have been executed by all parties and is effective: (1) project engineering, (2) procurement of all major equipment, and (3) construction of the Project, and (ii) the cumulative payments made by the Developer under the EPC or EPC Equivalents to the counterparties to those respective agreements is equal to at least thirty (30) percent of the total costs of the EPC or EPC Equivalents.

  • construction site means a workplace where construction work is being performed;

Most Referenced Clauses

Most Referenced Definitions