Maximum allowable construction cost means the maximum cost of the work to construct the project including a percentage for risk contingency, negotiated support services, and approved change orders.
Maximum allowable construction cost means the
Maximum allowable construction cost means the maximum cost of
Examples of Maximum allowable construction cost in a sentence
Maximum allowable construction cost (MACC – Escalated) divided by gross square feet.
Maximum allowable construction cost is approximately $59.3 million, including costs for the building, infrastructure, site improvements, surrounding pedestrian and vehicular circulation, and renovations.
III Negotiations – How to establish the Maximum allowable construction cost.
More Definitions of Maximum allowable construction cost
Maximum allowable construction cost. (MACC) means the maximum cost of the work to construct the project including a percentage for risk contingency, negotiated support services, and approved change orders.
Maximum allowable construction cost means the maximum cost of the work to construct the project including
Maximum allowable construction cost or “MACC” means the amount that is set by the District 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, District’s project contingency funds, acquisition costs or other soft costs.