Building Valuation Data definition

Building Valuation Data or “BVD” means the average construction costs as published biannually by the International Code Council, which can be used for determining permit fees for a jurisdiction.
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Building Valuation Data means the Building Standards monthly publication issued by the International Code Council, Inc.
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Examples of Building Valuation Data in a sentence

  • All construction valuation and fees are determined according to the Building Valuation Data as published twice yearly in the “Building Safety Journal” by the International Code Council.

  • An indicator of construction costs is Building Valuation Data compiled by the International Code Council (ICC).

  • Total construction costs for new construction, to include additions, shall be computed by multiplying the total gross area square footage of the structure by the figure in Table 1 of the current "Building Valuation Data" as by the International Code Council (ICC), corresponding to the appropriate use group and type of construction.

  • Amend to read as follows: The fee for building permits shall be as follows: Building Permit Fees will be established using the most current Building Valuation Data published by The International Code Council and a Permit Fee Multiplier as established in the Fee Schedule for Applications and Reviews Required by the Teton County Land Development Regulations and Resolutions.

  • Building and Project Valuation shall be determined by using the design professional’s (Architect/Engineers) Project Cost or the most recent Building Valuation Data (BVD) Sheet.

  • Value calculated separately at 50% of the value of private garage from the most current Building Valuation Data (BVD).

  • Subsequent semi-annual revisions of the "Building Valuation Data" shall be automatically incorporated by this reference to be effective immediately following each new publication.

  • See, e.g., the ICC internet publication of "Building Valuation Data," which provides average construction costs per square foot, by type of construction and occupancy group, with factors to modify those costs for the Houston area.

  • The "Building Valuation Data," including modifiers, is found in Building Safety Journal, and is published quarterly by the International Code Council.

  • Building Valuation Data used to calculate permit fees shall be per the adopted fee schedule.

Related to Building Valuation Data

  • Gross Heating Value means the total heat expressed in megajoules per cubic metre (MJ/m³) produced by the complete combustion at constant pressure of one (1) cubic metre of gas with air, with the gas free of water vapour and the temperature of the gas, air and products of combustion at standard temperature and all water formed by the combustion reaction condensed to the liquid state;

  • Stored value means monetary value that is evidenced by an electronic record.

  • Captured assessed value means the amount in any 1 year by which the current assessed value of the development area, including the assessed value of property for which specific local taxes are paid in lieu of property taxes as determined in subdivision (w), exceeds the initial assessed value. The state tax commission shall prescribe the method for calculating captured assessed value.

  • Carrying Value means (a) with respect to a Contributed Property, the Agreed Value of such property reduced (but not below zero) by all depreciation, amortization and cost recovery deductions charged to the Partners’ and Assignees’ Capital Accounts in respect of such Contributed Property, and (b) with respect to any other Partnership property, the adjusted basis of such property for federal income tax purposes, all as of the time of determination. The Carrying Value of any property shall be adjusted from time to time in accordance with Sections 5.5(d)(i) and 5.5(d)(ii) and to reflect changes, additions or other adjustments to the Carrying Value for dispositions and acquisitions of Partnership properties, as deemed appropriate by the General Partner.

  • Stored-value card means a record evidencing a promise made

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • Gross Asset Value means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes, except as follows:

  • County-adjusted property tax base per square mile means the county-adjusted property tax base divided by the number of square miles of land area in the county.

  • Adjusted Property means any property the Carrying Value of which has been adjusted pursuant to Section 5.5(d).

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Salvage value means the amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale, or, if retained, the amount at which the material recoverable is chargeable to materials and supplies, or other appropriate account.

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;