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Direct Construction Costs definition

Direct Construction Costs means General Conditions Costs and Cost of the Work as set forth in Section 3.3 below.
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Direct Construction Costs means the costs to Owner of all divisions of construction, including portable equipment designed or specified in the Specifications.
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Direct Construction Costs shall have the meaning set forth in Section 2.8.2 hereof.
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Examples of Direct Construction Costs in a sentence

  • To the extent the combined total of the Direct Construction Costs and the Construction Fee at the conclusion of the Project is less than the GMP, the difference shall be retained by the City.

  • The Guaranteed Maximum Price is composed of the Direct Construction Costs and the Construction Fee, as outlined on Exhibit .


More Definitions of Direct Construction Costs

Direct Construction Costs has the meaning set forth in Section 5.08.
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Direct Construction Costs means with respect to a Building the total amounts paid or payable by Project Co in respect of that Building, including:
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Direct Construction Costs means direct construction costs incurred by the Developer as set forth in the Developer’s Site and Traffic Improvements Budget in connection with the construction of the 101 Tunnels and Driveways, the relocation of the Drainage Pipe (if required), the construction of the Streetscape Improvements, the construction of the Developer’s On-Site Public Improvements, and the traffic maintenance and protections improvements to be undertaken by the Developer described in Section 5.4(B) of the Agreement (collectively the Developer’s Site and Traffic Improvements).
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Direct Construction Costs. Those costs broken out in the form AIA G702 and G703 with such changes thereon as Lender may reasonably request.
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Direct Construction Costs means capital expenditure for the construction of the space and all permanently affixed equipment. This includes construction materials and labor and equipment included in the construction contract which will be permanently attached to the structure.
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Direct Construction Costs. As defined in Section 3.1. below.
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Related to Direct Construction Costs

  • 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 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.

  • 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.

  • 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.

  • Operation and Maintenance Costs means the costs of:

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

Most Referenced Clauses

Most Referenced Definitions