Pre-Construction Costs definition
Examples of Pre-Construction Costs in a sentence
The amount of the Pre-Construction Costs represents the entire cost of completing the Pre-Construction Phase Services in accordance with all Contract requirements and further includes all CM/GC ▇▇▇▇-up, including but not limited to overhead and profit.
Cost incurred by the CM/GC in performing the Pre-Construction Phase Services that would cause the maximum Not To Exceed amount of Pre-Construction Costs to be exceeded shall be paid by the CM/GC without the reimbursements by the Owner.
In the event that the total amount payable to the CM/GC for Pre-Construction Phase Services is less than the Pre-Construction Costs Not To Exceed amount, the savings shall accrue to the Owner.
Bond and insurance amounts shall be determined at the final GMP based on the actual Pre-Construction Costs plus the Construction Costs as defined above.
The payment of interest or return on Funded Pre-Construction Costs, and the repayment of Funded Pre-Construction Costs to New Land, shall be governed by the Transaction Documents.
Pre-Construction Costs means actual costs incurred by Contractor for those tasks identified in the document entitled “Sunnybrook M-Wing Vertical Expansion Draft Pre-construction Budget, June 19, 2006” and included in Schedule 5 to the Project Agreement.
Interest shall accrue on the unpaid principal balance of the Funded Pre-Construction Costs at an interest rate of twenty percent (20%) per annum, simple interest, from the time the HK SPV and New Land each have fully contributed their registered capital to the Project Company as provided in this Agreement and the Joint Venture Agreement.
Drug A drug that the Plan has not designated as a preferred drug.
Bond and insurance amounts shall be determined at the final GMP based on the actual Pre-Construction Costs plus the Net Construction Costs as defined above.