Improvement Cost definition

Improvement Cost means all costs including, but not limited to, the design, the construction, and the management/administration of the construction contract for necessary transportation and drainage facilities described in Sections 1.2, 2.3, and 2.5 herein, including public facility and utility adjustments and/or relocations, labor, materials, equipment costs required to complete construction of the IMPROVEMENTS, such other items reasonably associated with the construction of the similar IMPROVEMENTS, and such other public facilities described herein.
Improvement Cost means the construction cost excluding engineering fee and contingency fee.
Improvement Cost means all costs expended by the Developer to complete construction of the Project, except for the following:

Examples of Improvement Cost in a sentence

  • In the absence of sufficient competition from the GCs, a minimum of two qualified subcontractors from each trade of the Tenant Improvement Cost Summary (TICS) Table (described below) shall be invited to participate in the competitive proposal process.

  • Street Improvement Cost includes N Platte Purchase Dr, Line Creek Parkway Sanitary Sewer Professional Services.

  • The Developer shall provide the Public Works & Development Director or his designee with a written request accompanied by: invoices for work completed for which a release is being requested, breakdown of invoices in the format of the Public Improvement Cost Breakdown form and signed original lien waivers for all work which is subject of the release request.

  • Notes: Cost Includes Commission Expenses, Construction Period Interest, Legal Fees & Street Improvement Cost.

  • Following such review, the Agency and Developer shall meet and confer for a period of not less than sixty (60) days to reach agreement on the Final Public Improvement Cost.


More Definitions of Improvement Cost

Improvement Cost means the actual costs incurred by the Lessee, as agent for the Lessor, with respect to the Improvements, in accordance with the terms hereof, in performing or causing to be performed the Work or otherwise in performance of the Lessee's obligations hereunder; and, all Basic Rent paid under the Lease Agreement for the period ending on May 31, 1997.
Improvement Cost means the costs of the design, permitting, construction and installation of the Improvements. The costs for construction and installation shall include, but not be limited to, the following: (i) All fees and costs of the Space Planner; (ii) All costs of obtaining building permits and other necessary authorizations for the construction of the Improvements from the City of lssaquah, Washington and any other governmental, quasi-governmental or regulatory agency; (iii) A Construction Management Fee of $10,301 to Xxxxxxxx Xxxx NW, Inc. (iv) An allowance of up to $10,000 for purchase of the “Polymer HVAC Unit” or an equivalent replacement. (vi) All direct and indirect costs of procuring, constructing and installing the Improvements including, but not limited to: (A) Costs of material, supervision and labor; (B) Contractors cost to install the Improvements, including overhead and profit; (C) Cost of filing required statements of completion if separate from those for the Building Shell, and; (vi) Sewer permit and construction fees and any and all other utility fees to the extent the fees relate to any special utilities to be supplied to the Premises at Tenant’s request. To the extent that the Improvement Cost exceeds the Improvement Allowance (the “Additional Costs”), Tenant shall be solely responsible of paying such Additional Costs. The construction management fee and all costs paid to date shall first be paid out of the Improvement Allowance and the Improvement Allowance reduced accordingly. The remaining Improvement Allowance shall be disbursed pursuant to Paragraph 4 below. The parties agree that the amount of the reduction of the Improvement Allowance is $36,466.20 and the remaining Improvement Allowance shall be $424,869.80.
Improvement Cost shall have the meaning given thereto in Section 3.4(c) of this Agreement.
Improvement Cost means, with respect to any End of Term Capital Improvement, the reasonable and actual out-of-pocket hard and soft costs incurred by Tenant to the contractor selected by Landlord on account of the performance of such End of Term Capital Improvement
Improvement Cost means the sum of (i) Landlord's actual out-of-pocket costs and expenses (not to exceed $1,611,503) paid directly to contractors and materialmen constructing the Purchased Improvements, plus (ii) $808,497, minus (iii) the Substitute Space Offset Amount, minus (iv) the Existing Lease Offset Amount, minus (v) any additional credits, overcharges, corrections, changes or other cost reduction matters disclosed by the Audit related to the Phase 2 Change Order.
Improvement Cost means the costs that Tenant actually paid to complete the Improvements.