All in Tender Price Index definition

All in Tender Price Index means the All in Tender Price Index published by the Building Costs Information Service on behalf of the Royal Institution of Chartered Surveyors

All in Tender Price Index means the All in Tender Price Index published by the Building Costs Information Service on behalf of the Royal Institution of Chartered Surveyors “Application” means the Hybrid application for full and outline planning permission submitted by the Developer to the Borough Council to carry out the Development at the Land and given the registered reference number 19/504724/HYBRID “Commencement of Development” means the carrying out of a material operation as defined in section 56(4) of the 1990 Act which is not a Preparatory Operation and the words “Commence” and “Commence Development” shall be construed accordingly “County Council Contributions” means the financial contributions payable to the County Council pursuant to Schedule ● comprising the Public Rights of Way Contribution the Primary Education Contribution the Travel Plan Monitoring Contribution the Footway Contribution “Deed” means this deed of agreement together with all Schedules and Appendices “Development” means the development of up to 100 dwellings with incidental open space, equipped play area and car park (with various improvements to local Highways and Public Rights of Way) and full application for change of use of agricultural land for public sports and recreation with ancillary facilities “Dwelling” means any residential unit to be erected on the Land pursuant to the Planning Permission (and approved pursuant to the Reserved Matters Approval) including for the avoidance of doubt the Open Market Dwellings and Affordable Dwellings “Flat” means a separate and self-contained set of premises constructed or adapted for use for the purpose of a residential dwelling and forming part of a building separate from the other part of which it is divided horizontally “General Building Cost Index” means the General Building Cost Index as published by the Building Costs Information Service on behalf of the Royal Institution of Chartered Surveyors “Index Linked” means adjusted by reference to the relevant index pursuant to the provisions of Clause 19 “Interest Rate” means 4% per annum above the base lending rate of Lloyds Bank PLC from time to time applicable at the actual date of payment in respect of the Council’s contributions and 4% above the base rate of Bank of England. “Initial Sports Provision Land” Means the land hatched green on Sports Provision Plan “Land” means the land against which this Deed may be enforced as detailed in Schedule 1 and shown for identification purposes only edged red and hatc...

All in Tender Price Index means the all-in tender price index published by the Building Costs Information Service or, if that index ceases for any reason to be published in the United Kingdom, such other index issued or caused to be issued from time to time by the Building Costs Information Service, Royal Institute of Chartered Surveyors, or other appropriate body and as may commonly be used in place of that index and as approved by the City Corporation;

Examples of All in Tender Price Index in a sentence

• The buildings indexation is based on the All in Tender Price Index published by the Building Cost Information Service (BICS).

• The buildings index is based on the 'All in Tender Price Index' published by the Building Cost Information Service.

• The buildings index is based on the All in Tender Price Index published by the Building Cost Information Service (BCIS).

• The buildings indexation is based on the All in Tender Price Index published by the Building Cost Information Service (BCIS).

• In accordance with the CIL Regulations, financial contributions will normally be linked to the national All in Tender Price Index of Construction Costs published and reviewed regularly by the Building Cost Information Service (BCIS) of the Royal Institution of Chartered Surveyors.

• The index used for land and buildings is the BCIS All in Tender Price Index, estimated by Cooke and Arkwright Chartered Surveyors.

• This will be by an amount equal to the proportionate upward only change in the All in Tender Price Index of the Building Costs Information Service (BCIS) of the Royal Institution of Chartered Surveyors.

• If the independent assessor has a conflict of interest in relation to an appeal, the independent assessor must not decide the appeal.

• Funds will not be deposited until planning permission is issued.Developer Obligations towards Moray Council infrastructure will be index linked to the General Building Cost Price Index (BCPI) as published by the Building Cost Information Service of the Royal Institute of Chartered Surveyors (RICS) and obligations towards NHS Grampian infrastructure will be index linked to All in Tender Price Index (TPI) as published by Royal Institute of Chartered Surveyors (RICS).

• The nominal value will be linked to the All in Tender Price Index published by the Building Cost Information Service of the Royal Institution of Chartered Surveyors.

More Definitions of All in Tender Price Index

All in Tender Price Index means the Tender Price Index as published by the Building Cost Information Service of the Royal Institution of Chartered Surveyors on a quarterly basis, or if either (1) that index ceases to be published or (2) the basis upon which such index is calculated is substantially changed or rebased, such substitute or alternative index most likely to achieve an equivalent result as the parties may agree or, in the absence of agreement, as shall be determined pursuant to Clause 8 of this Agreement;