Construction Phase definition

Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

Construction Phase means the period commencing upon the receipt of the FERC Authorization or such other date to which the Parties shall mutually agree in writing, and ending on the day immediately preceding the Commercial Operation Date or upon the earlier termination of this Agreement pursuant to its terms (regardless of whether or not any such day is a Business Day).

Construction Phase means the period set forth in the Schedule beginning with the issuance of the Construction Notice to Proceed and ending on the date of Final Completion of the Project.

Examples of Construction Phase in a sentence

• If the Owner agrees to an increase or decrease in the Guaranteed Maximum Price, the Construction Phase Fee shall be equitably adjusted.

• The GMP Proposal shall include, without limitation, a breakdown of Contractor’s estimated General Conditions Costs in a format as indicated in Exhibit “D” and estimated Cost of the Work organized by trade and MasterFormat 2012; contingency amounts; the Construction Phase Fee; and the proposed Contract Time, including dates for Notice to Proceed, Substantial Completion and Final Completion.

• Contractor’s Construction Phase Fee is the maximum amount payable to Contractor for any cost or profit expectation incurred in the performance of the Work that is not specifically identified as being eligible for reimbursement by Owner elsewhere in this Agreement.

• Contractor is entitled to receive payment for the actual cost of the allowable Cost of the Work items incurred after receipt of Owner’s written authorization to commence the Construction Phase Work through Final Completion of the Project.

• Pre- Construction Phase Services may overlap Construction Phase Services.

More Definitions of Construction Phase

Construction Phase means that period necessary to construct, alter, abandon, or remove a system in accordance with the terms and conditions of an individual permit.

Construction Phase is defined as including the following subphases: Construction Administration, Closeout and Warranty, and may include some activities that occur after Final Completion.

Construction Phase means the period of time beginning when construction work in a project starts and ending when construction work in that project is completed;

Construction Phase means the construction phase of the Project Loan, which time period shall commence on the Delivery Date and remain in effect to, but not including, the Conversion Date.

Construction Phase means the phase of the Project commencing upon completion of the Design Phase, or upon award of the first Subcontract related to construction of the Project, whichever occurs first, and ending upon Architect’s and Owner’s Representative’s execution of the Certificate of Final Completion of the Project. The parties acknowledge that the Design Phase and the Construction Phase may overlap.

Construction Phase means a phase of the Bank in which all components required by 33 C.F.R. § 332.4(c) are fully developed, beyond concept, and included within the exhibits of the BEI, but is implemented in stages over time. Implementation of a Construction Phase does not require an amendment of the BEI.

Construction Phase means the period from the Date of Award of Concession to the Date of Commercial Operation.