Total Contractor definition

Total Contractor s Compensation” shall mean the total amount to be used as a basis for 608 determining the Rate Adjustment Factor. The Total Contractor’s Compensation does not reflect 609 or in any way guarantee the Gross Receipts that are to be generated by Rates or retained by the 610 Contractor.
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Total Contractor means [] or such other firm or company of project contractors as may be appointed by the Borrower in relation to the Development as the main building contractor.
Sample 1

Examples of Total Contractor in a sentence

  • The restrictions on Contractor Fees are the following: Contractor Profit and Overhead: may not exceed 8% of Hard Construction Costs General Requirements: may not exceed 6% of Hard Construction Costs Total Contractor Fees: may not exceed 14% of Hard Construction Costs If there is an identity of interest between the Applicant and contractor, as defined in the LIHTC Manual, the Authority, at its sole discretion, may require an additional cost certification with the PIS application of the construction costs.

  • Excess funding is removed from the contract by the Contracting Officer based on amounts reported as Total Contractor Obligations.

  • Contractor Profit and Overhead: may not exceed 8% of Hard Construction Costs General Requirements: may not exceed 6% of Hard Construction Costs Total Contractor Fees: may not exceed 14% of Hard Construction Costs If there is an identity of interest between the Applicant and contractor, as defined in the LIHTC Manual, the Authority, at its sole discretion, may require an additional cost certification with the PIS application of the construction costs.

  • The amount of Net Cash Flow (NCF) is a Total Contractor Share (TCS) after deducting total expenses (expenditure).

  • Profit must be contained in a single line item on the Other Overhead budget tab and may not exceed ten percent (10%) of the Total Contractor Paid section of the budget, less any direct participant expenditures such as supportive services and training costs.

  • AR, if qualified, shall have the option of providing Total Contractor Service Plan services as a Service Contractor in strict accordance with the Total Service Contractor Understanding and by this reference is made a part hereof.

  • To the fullest extent permitted by Applicable Legal Requirements, Contractor’s overall cumulative liability for delay liquidated damages to Owner arising under Section 8.3 will in no event exceed an amount equal to * percent (*%) of the Total Contractor Compensation, and Owner releases Contractor from, and waives all right of recovery against Contractor for, any damages beyond such limit of liability for defaults specified in Section 8.3.

  • To the fullest extent permitted by Applicable Legal Requirements, Contractor’s overall cumulative liability for performance liquidated damages to Owner arising under Section 8.4 will in no event exceed an amount equal to * percent (*%) of the Total Contractor Compensation, and Owner releases Contractor from, and waives all right of recovery against Contractor for, any damages beyond such limit of liability for defaults specified in Section 8.4.

  • Total Contractor transaction time for emergency changes should be completed within a target of 12 hours until reviewed by the CSC with Contractor.

  • Contractor Profit and Overhead: may not exceed 8% of Hard Construction Costs General Requirements: may not exceed 6% of Hard Construction Costs Total Contractor Fees: may not exceed 14% of Hard Construction Costs If there is an identity of interest between the Applicant and contractor, as defined in the LIHTC Manual, the Authority at its sole discretion, may require an additional cost certification with the PIS application of the construction costs.

Related to Total Contractor

  • principal contractor means an employer appointed by the client to perform construction work;

  • General Contractor means a person or entity duly licensed in the state of Florida with the requisite skills, experience and credit worthiness to successfully provide the units required in the Application, and which meets the criteria described in Rule 67-48.0072, F.A.C.

  • Sub-Contractor means the person named in the Contract for any part of the works or any person to whom any part of the contract has been sublet by the contractor with the consent in writing of the Engineer-in-charge and will include the legal representatives, successors and permitted assigns of such persons.

  • Total Contract Value means contract value plus statutory dues like GST etc. and any other amount payable under contract.

  • Contract Work means everything required to be furnished and done by the Contractor by any one or more of the parts of the Contract referred to in Article 1, except Extra Work as hereinafter defined.

  • Contractor means the individual or entity, that has entered into this contract with the Commonwealth.

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Building Contractor means the building contractor or developer appointed or to be appointed by the Grant Recipient in respect of a Firm Scheme; Business Day means any day other than a Saturday, Sunday or a statutory Bank Holiday in England;

  • Prime Contractor means, in relation to a multiple-employer workplace,

  • Electrical contractor means an electrical contractor as defined in the Regulations;

  • Contract Sum means the sum named in the letter of acceptance including Physical contingencies subject to such addition thereto or deduction there-from as may be made under the provisions hereinafter contained.