MACC – Maximum Allowable Construction Cost definition

MACC – Maximum Allowable Construction Cost means the amount that is set by the Owner and represents the total sum available for the Cost of the Work, the CMAR Fee, and General Conditions, excluding gross receipts tax, but may include furnishings, fixtures and equipment. MACC shall not include professional fees, testing fees, Owner’s project contingency funds, acquisition costs or other soft costs.
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