ENR Construction Cost Index definition

ENR Construction Cost Index means the 12-month “Construction Cost Index” published by Engineering News-Record, Two Penn Plaza, 9th Floor, New York, NY 10121.
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ENR Construction Cost Index means the 12-month “Construction Cost Index” published by Engineering News-Record, Two Penn Plaza, 9th Floor, New York, NY 10121, or if such publication ceases to be in existence, a comparable index selected by TxDOT and approved by Developer.
Sample 1

Examples of ENR Construction Cost Index in a sentence

  • The term "Construction Cost Index" shall mean the Engineering News Record's (ENR) Construction Cost Index for the time period designated by University.

  • Adjusted PCU Value = Initial PCU Value multiplied by the ratio of the Engineering News Record (ENR) Construction Cost Index at the time of adjustment divided by the ENR Construction Cost Index at the time of construction.

  • After the initial 2-year contract, should the CITY and CONSULTANT agree to exercise the optional one-year renewal contracts, CITY agrees to compensate CONTRACTOR the fees noted in Table 1A of EXHIBIT B for the sampling plus an escalation factor as determined in the Engineering News-Record (ENR) Construction Cost Index (CCI).

  • The amount so determined shall be increased once by a contingency in the amount of ten percent (10%) of such cost estimate, and shall be thereafter further increased annually by the increase in the cost of construction as determined by the ENR Construction Cost Index (such costs, as so increased, the “Unit Costs”).

  • The ENR Construction Cost Index is an industry standard for estimating construction cost inflation.

  • If Lessee has not commenced construction of the Renovation Work on or before January 1, 2023, the Required Hard Cost Amount shall be increased by the same percentage increase (if any) in the ENR Construction Cost Index (the “Construction Cost Index”) during the period (the “Cost Adjustment Period”) extending from January 1, 2023 through the month during which the construction is actually commenced.

  • The Proposal price will remain valid without escalation until 180 days after the Proposal Due Date; after that, the price will be subject to escalation based on the ENR Construction Cost Index until issuance of NTP1.

  • Recommend a method to annually or periodically adjust the City’s capacity fees, such as by the change in the ENR Construction Cost Index from a base year.

  • Recommend a method to annually or periodically adjust the City’s capacity fees, such as by the change in the Engineering News Record (ENR) Construction Cost Index from a base year.

  • The amount of the road mitigation fee imposed by this Section 8.02 shall be adjusted annually in an amount based on the ENR Construction Cost Index for the San Francisco Region.

Related to ENR Construction Cost Index

  • 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 Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • 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.

  • Construction Works means all works and things necessary to complete the Project in accordance with this Agreement;

  • Construction Work means any work in connection with⎯