Project Management Costs definition

Project Management Costs means expenditures incurred by PMU on account of Project activities, including utility charges, rent for office space, maintenance of vehicles, fuel, office supplies, communication services, audit costs and travel costs.
Project Management Costs means all actual out-of-pocket costs incurred by Lessee pursuant to this Agreement or a separate construction management agreement in connection with the construction activities, including (i) all direct wages and salaries (including benefits, payroll burden and overtime) which the Lessee pays to personnel employed or retained to conduct such construction activities and a fair allocation of the direct wages and salaries (including benefits, payroll burden and overtime) of Lessee’s other personnel conducting such construction activities; (ii) the fair market value of materials or equipment provided directly by Lessee or its affiliates (including the standard corporate day rate for any vehicles and equipment that are so utilized); (iii) a fair allocation of the lease payments of any leased vehicles and equipment that are so utilized; (iv) all other third-party costs incurred by Lessee in the performance of such construction activities; and (v) all sales, use, transfer or similar taxes (excluding those taxes based upon Lessee’s net income, gross receipts, net worth or similar taxes) incurred or paid by Lessee in conducting such construction activities or providing materials, if any (provided, that in managing its affairs, Lessee will attempt to minimize, to the extent practicable, all such taxes incurred on behalf of Lessor and, in this regard, Lessor agrees to cooperate and provide Lessee any assistance necessary including providing appropriate evidence of any exemptions from tax).
Project Management Costs means expenditures under the Project incurred by the Water Companies in relation to office support, office supplies and communications, but excluding salaries of officials of the Borrower.

Examples of Project Management Costs in a sentence

  • In connection therewith, Lessor will reimburse Lessee for all Project Management Costs that Lessee incurs in connection with constructing such Footprint Project, provided that any costs and expenses of Lessee under this Section 10.4 must be included in any CapEx Budget submitted by Lessee under Section 10.1 or approved by Lessor to qualify for reimbursement by Lessor hereunder.

  • In connection therewith, Lessor will reimburse Lessee for all Project Management Costs that Lessee incurs in connection with constructing such Footprint Project, provided that any costs and expenses of Lessee under this Section 10.4 must be included in a CapEx Budget submitted by Lessee under Section 10.1 or approved by Lessor to qualify for reimbursement by Lessor hereunder.

  • Project Management Costs incurred by IT that relate to a specific legal entity, such as computer and communication equipment, consumables, software purchase and maintenance, programming and project costs, etc., will be charged against that said entity.

  • Project Management Costs (as defined herein) shall continue through a suspension period of up to 90 days.

  • For suspension exceeding 90 days, upon 30 days' notice from the Town, Developer will prepare an update of Development Costs (including Project Management Costs) and Phasing Plan accounting for the effects of the suspension.


More Definitions of Project Management Costs

Project Management Costs means all actual out-of-pocket costs incurred by Lessee pursuant to this Agreement or a separate construction management agreement in connection with the construction activities, including (i) all direct wages and salaries (including benefits, payroll burden and overtime) which Lessee pays to personnel employed or retained to conduct such construction activities and a fair allocation of the direct wages and salaries (including benefits, payroll burden and overtime) of Lessee’s other personnel conducting such construction activities; (ii) the fair market value of materials or equipment provided directly by Lessee or its affiliates (including the standard corporate day rate for any vehicles and equipment that are so utilized); (iii) a fair allocation of the lease payments of any leased vehicles and equipment that are so utilized; (iv) all other third-party costs incurred by Lessee in the performance of such construction activities; and (v) all sales, use, transfer or similar taxes (excluding franchise taxes and those taxes based, in whole or in part, upon Lessee’s net income, gross receipts, net worth or similar taxes) incurred or paid by Lessee in conducting such construction activities or providing materials, if any (provided that, in managing its affairs, Lessee will attempt to minimize, to the extent practicable, all such taxes incurred on behalf of Lessor and, in this regard, Lessor agrees to cooperate and provide Lessee any assistance necessary including providing appropriate evidence of any exemptions from tax).
Project Management Costs means the reasonable cost of expenditures incurred by the Recipient on account of Project implementation, management and monitoring, including utility charges, rent for office space, maintenance of vehicles, fuel, office supplies, banking charges, communication services, audit costs, travel costs, per diem, salaries and labor costs and other consumables but excluding salaries of officials of the Recipient and the purchase of vehicles.”
Project Management Costs means the amount payable to the TSP in respect of the management of the implementation of any Redeployment Variation, being the actual costs of resourcing the management of the implementation of any Redeployment Variation, payable by the TSP, as set out in any Indicative Cost Plan (or Final Cost Plan, if any);
Project Management Costs means all actual out-of-pocket costs incurred by Lessee pursuant to this Agreement or a separate construction management agreement in connection with the construction activities, including (i) all direct wages and salaries (including benefits, payroll burden and overtime) which Lessee pays to personnel employed or retained to conduct such construction activities and a fair allocation of the direct wages and salaries (including benefits, payroll burden and overtime) of Lessee’s other personnel conducting such construction activities; (ii) the fair market value of materials or equipment provided directly by Lessee or its affiliates (including the standard corporate day rate for any vehicles and equipment that are so utilized); (iii) a fair allocation of the lease payments of any leased vehicles and equipment that are so utilized; (iv) all other third-party costs incurred by Lessee in the performance of such construction activities; and
Project Management Costs means costs incurred for the administration of the works incidental to the Project, which costs, subject to clause 9.8(i) do not form part of the Grant. RADS means Regional Airports Development Scheme. Schedule means the Schedule to and forming part of this Deed.
Project Management Costs means costs associated with the management of the Project, including allowances for local staff.
Project Management Costs means Project related costs incurred and substantiated, and resources committed and expended by the Authority in connection with the development, design and construction of the Project. Costs and resources include Authority personnel, legal services, engineering services and financial and auditing services directly related to management of the Project.