Stipulated Sum definition

Stipulated Sum is the amount established by the District as total compensation to the Design/Builder for the design and construction of the Project.
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Stipulated Sum means the amount stated in the Agreement and including authorized adjustments by Change Order, is the total amount payable by the CDCR to the Contractor for performance of the Work under the Contract Documents.
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Stipulated Sum means the sum of Two Million Seven Hundred Thirty-Two Thousand Seventy-Two dollars ($2,732,072), subject to adjustment by agreement (such agreement to be granted or withheld in the sole discretion of each applicable party) of the Landlord, Tenant and Contractor.
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Examples of Stipulated Sum in a sentence

  • Unless otherwise required in the Bidding Documents, the Agreement for the Work will be written on AIA Document A101, Standard Form of Agreement Between Owner and Contractor Where the Basis of Payment Is a Stipulated Sum.

  • Standard Form of Agreement Between Owner and Contractor where the basis of Payment is a Stipulated Sum; 2007.

  • When total compensation is Stipulated Sum, payment shall be commensurate with the actual work completed, but not exceeding the phase limit.

  • Standard Form of Agreement Between Owner and Contractor where the basis of payment is a Stipulated Sum; 2007.

  • Therefore, if the project entered into a Stipulated Sum Contract or a Maximum Guaranteed Price, a Cost Certification does not need to be prepared by the general contractor.

  • On the social and labour front, European trends show that pre-crisis levels of wellbeing are not in reach, […] improvements in living standards have stalled […].

  • Standard Form of Agreement Between Owner and Contractor where the basis of Payment is a Stipulated Sum; 2017.

  • Standard Form of Agreement Between Owner and Contractor where the basis of Payment is a Stipulated Sum 2017.

  • The Agreement for the Work will be written on AIA Document A101, Standard Form of Agreement Between Owner and Contractor Where the Basis of Payment Is a Stipulated Sum.

  • The Agreement for the Work will be written on AIA Document A101, 2007 Edition Standard Form of Agreement Between owner and Contractor Where the Basis of Payment Is a Stipulated Sum.


More Definitions of Stipulated Sum

Stipulated Sum means the total cost of the Design Work and Construction Work. The Stipulated Sum shall be the amount contracted by the Judicial Council with the DBE to design and construct the Project.
Sample 1
Stipulated Sum means the Contract Sum and is the lump sum, fixed price compensation to which the DB agrees for timely delivery of all services, labor, materials and the Work, described in the agreement. Subcontract means any agreement between DB and a Subcontractor. Subcontractor is defined in UGC Section 1.42.
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Related to Stipulated Sum

  • Stipulated Loss Value is the value of each unit of Hardware at various times during the Lease as specified in the applicable Schedule; however, in no event will the Stipulated Loss Value of a Hardware unit exceed its fair market value.

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Construction Fee means a fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or provide major repairs or rehabilitations on a Property.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Interim Rent means the pro-rata portion of Rent due for the period from the Commencement Date through but not including the first day of the first full Rent Interval included in the Initial Term.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Advance Rent means moneys paid to the landlord to be applied to future rent payment periods, but does not include rent paid in advance for a current rent payment period.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Guaranteed Sum means: The maximum aggregate amount of R

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Late Charge shall have the meaning set forth in Section 13.09 hereof.

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • Construction Lender means a person who makes a construction loan.

  • Rent and Charges Reserve means the aggregate of (a) all past due rent and other amounts owing by a Loan Party to any landlord, warehouseman, processor, repairman, mechanic, shipper, freight forwarder, broker or other Person who possesses any Collateral or could assert a Lien on any Collateral; and (b) a reserve equal to three months rent and other charges that could be payable to any such Person, unless it has executed a Collateral Access Agreement.

  • Tenant Inducement Costs shall not include loss of income resulting from any free rental period, it being agreed that Seller shall bear the loss resulting from any free rental period until the date of Closing and that Purchaser shall bear such loss from and after the date of Closing.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Net Rent means all rental Landlord actually receives from any reletting of all or any part of the Premises, less any indebtedness from Tenant to Landlord other than Rent (which indebtedness is paid first to Landlord) and less the Re-entry Costs (which costs are paid second to Landlord).

  • Amendment Fee means any fee offered, paid or payable to any Lender Party by the Borrower or any Affiliate of the Borrower (whether directly or through the Administrative Agent or any other Person) in consideration for any waiver of, or agreement to amend or modify any provision of, any of the Financing Documents.

  • Introduction Fee means the fee payable by the Client to the Agency for an Introduction resulting in an Engagement;

  • 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.