Maximum allowable construction cost definition

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.
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Maximum allowable construction cost means the
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Maximum allowable construction cost means the maximum cost of
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Examples of Maximum allowable construction cost in a sentence

  • Project Narrative and Documentation (CM/GC Project Specific Documents-Project Narrative and Documentation)Project Description: The Maximum allowable construction cost is approximately$46,850,000.00, including cost for the building, demolition of the Voorhies Engineering Technology Building, utility infrastructure, site improvements, and surrounding pedestrian circulation.

  • RCW 39.10.370General Contractor/Construction Manager procedure — Maximum allowable construction cost.

  • Maximum allowable construction cost (MACC – Escalated) divided by gross square feet.

  • RCW 39.10.370‌General Contractor/Construction Manager procedure — Maximum allowable construction cost.

  • Maximum allowable construction cost (MACC) The OPRR statement is the basis for conceptual design.

  • 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.
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Maximum allowable construction cost means the maximum cost of the work to construct the project including
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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.
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Related to Maximum allowable construction cost

  • 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.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • 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.

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.