General Contractor Fee definition

General Contractor Fee means the general contractor fees agreed to by Borrower and General Contractor as provided in the General Contract.
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General Contractor Fee means a fee that may be earned HomeFed to be paid by City and/or City’s designee in consideration of HomeFed’s oversight and management of the Land Development Work necessary to implement any City-authorized Project Phase Development Plan in accordance with the terms and conditions set forth in Section 5, below.
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General Contractor Fee has the meaning given it in Section 4.13(b) hereof.
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Examples of General Contractor Fee in a sentence

  • The parties acknowledge that the City will pay costs of financing the Qualified Land Development Costs but that such financing costs are not a hard or soft cost included in the calculation of the General Contractor Fee or Developer Management Fee.

  • Notwithstanding anything to the contrary herein, marketing costs will not be included as Qualified Land Development Costs for which City will be obligated to reimburse HomeFed or for purposes of calculating the General Contractor Fee or Developer Management Fee payable to HomeFed.

  • Costs of HomeFed and its affiliates are addressed through the General Contractor Fee and Developer Management Fee described below.

  • The General Contractor Fee shall be invoiced concurrent with reimbursement invoices for Qualified Land Development Costs but charged separately to maintain cost documentation transparency.

  • HomeFed shall be entitled to receive a General Contractor Fee in consideration of serving as City’s owner representative in managing the Land Development Work.

  • General Contractor Fee In the Term Sheet negotiations, the parties have agreed to compensate HomeFed with a General Contractor Fee, applied to hard costs, and a Developer Management Fee, applied to hard and soft costs for their work as the proposed Master Developer.

  • As provided in Section 5 of the Term Sheet, the General Contractor Fee shall be charged separately as a percentage of the hard cost component of the Qualified Land Development Costs during the same period.

  • The General Contractor Fee is in consideration of serving as the City’s owner representative in managing all land development work.

  • Costs of marketing land within the Project to builders, Universities or other vertical developers or end users are addressed in Section 6 of the Term Sheet; costs associated with marketing the Project shall not be included in the calculation of the General Contractor Fee or Developer Management Fee.

  • Each Party shall also have the right, after providing written notice to the other Party, to terminate the Master Developer Agreement at any time without cause, subject to conditions to be specified in the Master Developer Agreement (i.e. City payment of Qualified Land Development Costs, General Contractor Fee, and Developer Management Fee already incurred as of the termination date and termination by HomeFed of existing third party contracts in accordance with the terms thereof, etc.).

Related to General Contractor Fee

  • General Contractor means a person or entity duly licensed in the state of Florida with the requisite skills, experience and credit worthiness to successfully provide the units required in the Application, and which meets the criteria described in Rule 67-48.0072, F.A.C.

  • EPC Contractor means Seller’s engineering, procurement and construction contractor or such Person performing those functions.

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • O&M Contractor means the person, if any, with whom the Concessionaire has entered into an O&M Contract for discharging O&M obligations for and on behalf of the Concessionaire;

  • Training Contract means an agreement signed by the employer and the Apprentice or Trainee (and a parent or guardian if applicable), in accordance with the Act and Regulatory requirements.

  • principal contractor means an employer appointed by the client to perform construction work;

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Residential contractor means a licensed contractor that holds an endorsement as a:

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Supplier/Contractor means the individual, firm or company with whom the contract has been concluded for supplying the Goods and Services under the Contract. The Supplier/Contractor shall be deemed to include its successors (approved by the purchaser), representatives, heirs, executors, administrators and permitted;

  • Elevator contractor means a sole proprietor, firm, or corporation licensed under this chapter that is engaged in the business of erecting, constructing, installing, altering, servicing, repairing, or maintaining an elevator.

  • Individual contract plan means a subcontracting plan that covers the entire contract period (including option periods), applies to a specific contract, and has goals that are based on the offeror’s planned subcontracting in support of the specific contract, except that indirect costs incurred for common or joint purposes may be allocated on a prorated basis to the contract.

  • Plumbing contractor means a licensed master plumber or a person who employs a licensed master plumber full-time to directly supervise the installation of plumbing as his or her representative engaged in the business of plumbing for a fixed sum, price, fee percentage, valuable consideration, or other compensation and who is licensed as a plumbing contractor.

  • New Contractor means any successor to the Contractor in the provision of services similar to the Services (or part thereof) to the Purchaser;

  • Original contractor means a person, including an owner-builder, that contracts with an owner to provide preconstruction service or construction work.

  • Bidder/Contractor means the interested Firm/ Company/ Supplier/ Distributors that may provide or provides related Equipment/Services to any of the public/private sector organization under the contract and have registered for the relevant business thereof.

  • Sub-Contractor means the person named in the Contract for any part of the works or any person to whom any part of the contract has been sublet by the contractor with the consent in writing of the Engineer-in-charge and will include the legal representatives, successors and permitted assigns of such persons.

  • Contractor System means the information and communications technology system used by the Contractor in performing the Services including the Software, the Contractor Equipment and related cabling (but excluding the Authority System).

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Contractor means the individual or entity, that has entered into this contract with the Commonwealth.

  • Building Contractor means the building contractor or developer appointed or to be appointed by the Grant Recipient in respect of a Firm Scheme; Business Day means any day other than a Saturday, Sunday or a statutory Bank Holiday in England;

  • Prime Contractor as used in this clause, means a person who has entered into a prime contract with the United States.

  • Reporting Subcontractor With respect to the Master Servicer or the Trustee, any Subcontractor determined by such Person pursuant to Section 11.08(b) to be "participating in the servicing function" within the meaning of Item 1122 of Regulation AB. References to a Reporting Subcontractor shall refer only to the Subcontractor of such Person and shall not refer to Subcontractors generally.

  • Contract Sum means the sum named in the letter of acceptance including Physical contingencies subject to such addition thereto or deduction there-from as may be made under the provisions hereinafter contained.

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.