Cost of Works definition

Cost of Works means the fair estimate amount or value of the works at the onset inclusive of value added tax and all applicable taxes, as certified or which would, normally, be certifiable for payment to contractors (irrespective of who actually carries out the works) in respect of the works designed, specified or administered by the professional engineer, before deduction of liquidated damages or penalties, including—

Cost of Works means the cost incurred by the Government for the Works as particularly specified under the Schedules of this Agreement (Part B -Schedule of Fees);

Cost of Works means the cost to the client of the works however incurred including-

Examples of Cost of Works in a sentence

• RM 100,000.00 B2 Total RM 1,750,000.00 B3 Base Cost of Works for calculation of Additional Fee =(A1-B1Total) RM 11,868,000.00 B4 Nett Cost of Works eligible for Additional Fee =(B3-B2 Total) RM 10,118,000.00 B5 Additional Fee Under Item 2 =(A4.2 X 35% X B4/B3) RM 101,608.18 C CALCULATION OF ADDITIONAL FEE IN ACCORDANCE WITH PART B- SCALE OF FEES ITEM 4(b) C1 Items entitled for additional fee C1.1 Expenditure of other P.C. and Prov.

• The fees due shall be based on 45% of gross value of measured omissions and gross value of measured additions, both gross value added to the Cost of Works to calculate the fees.

• ESTIMATED TOTAL COST $ 28,704.00 LESS: Estimated Cost of Works to be done on behalf of the Town pursuant to Schedule “K” NIL TOTAL COST OF WORKS TO BE DONE ON BEHALF OF TOWN $ NIL OWNER’S COST Acoustic Fence $ 24,960.00 15% Contingency $ 3,744.00 TOTAL OWNER’S COST $ 28,704.00 SCHEDULE ‘I’ Words indicating proposed uses in this schedule are intended to be descriptive only and are not intended to limit the use of the land in the hands of the Town.

• The Developer shall construct and pay the Total Cost of Works listed on this schedule and the City shall reimburse the Developer for the total amount of the City Share in accordance with the terms and conditions of the attached Agreement.

• Estimates of the Cost of Works may be revised and the parties must agree any resultant changes to the scope of services and fees.

More Definitions of Cost of Works

Cost of Works means the cost of construction, acquisition, improvement, extension, and development of works, including financing charges, interest, and professional services.

Cost of Works means the cost incurred by the Client for the Works as particularly specified under the Schedules of this Agreement (Part B - Schedule of Fees)

Cost of Works means the total cost incurred by the Client for the Works, however incurred, of all builders works, all specialists’ or sub- contractors works, services, installations and equipment designed, specified or allowed for and forming an integral part of the Project including:

Cost of Works means all costs, charges and expenses as estimated by the Authority, and which the Authority may have to incur on, or in connection with, execution of the works, and includes, any other charges or fees as may be prescribed; and also includes all expenses which, may be incurred by the Authority in recovery thereof;

Cost of Works means costs ascertained in accordance with the definition contained in the Schedule hereto;

Cost of Works for the purpose of calculating the fees shall mean the total payment made by the Government to the Contractor , in respect for the following

Cost of Works means the cost of repair works payable by the Customer in addition to the Price.