Total cost of construction definition

Total cost of construction means the actual cost incurred by the owner, all contractors, subcontractors, and other parties for labor, material, equipment, profit, and incidental expenses for the entire project. This does not include the cost of design services unless those services are included in a construction contract.
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Total cost of construction means Fair Market Value and includes the actual cost incurred by the owner, all contractors, subcontractors and other parties for labor, material, equipment, profit and incidental expenses for the entire project. This does not include the cost of design services unless those services are included in a construction contract. A copy of contracts may be requested and used to resolve any discrepancies that arise.
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Total cost of construction means as defined in Section 24.04 hereof.
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Examples of Total cost of construction in a sentence

  • Total cost of construction less cost of right-of-way acquisitions, permits, and clearing.

  • Total cost of construction shall not include drops to individual users off the telephone distribution facilities.

  • Total cost of construction includes large part of energy consumption.

  • Total cost of construction for the three ferries is estimated to be approximately $216 million.

  • Total cost of construction used to determine license group for project; work on project without required license.

  • Total cost of construction" means the actual cost incurred by the owner, all contractors, subcontractors, and other parties for labor, material, equipment, profit, and incidental expenses for the entire project.

  • Total cost of construction of these platforms is estimated for Rs. 45 lacs at the rate of 2.25 lacs for each platform.

  • Super built area _ _: Kitchen Verandah _ Toilet _: Open space, if any, _ _ : Butted and bounded bySouth _ North East West ii) Building Plan Sanctioned by (Name of the Sanctioning Authority) Bearing No. dated Sanction Plan Valid up to _ _iii) Total cost of construction (excluding Land cost) : Rs. _ (Rupees _ _ iv) Rate per Sft./I Sq. M.

  • Total cost of construction ` (1,600 + 920 + 760 ) = ` 3,280 lakhs.Less: total contract price ` 3,000 lakhs.So, foreseeable loss to be recognised in 2013 2²014 = ` 280 lakhs.

  • Total cost of construction of 22890 Sqm on an entirely new campus, including all external services, cafeteria, and other ancillary buildings : ₹242.23 Cr. (See Annexure 2.)The above cost of construction does not include the cost of land.

Related to Total cost of construction

  • Commencement of Construction means the initial disturbance of soils associated with clearing, grading, or excavating activities or other construction activities.

  • Completion of Construction means the date, as determined by the Division after consultation with the Recipient, that the work of building and erection of the Project is substantially complete.

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Building construction means any physical activity on the site involved in the erection of a structure, cladding, external finish, formwork, fixture, fitting of service installation and the unloading of plant, machinery, materials or the like.

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • Construction activity means any clearing, grading or excavation associated with large construction activity or associated with small construction activity.

  • 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.

  • Total cost means the total annual cost of benefits and related costs including but not limited to claims, administration expenses, insurance premiums, consulting, auditing and advisory fees and all other costs and taxes, as reported on the insurance carrier’s most recent yearly statement, and if any, premium costs on other district school area board or public school authority statements, for the year ending no later than August 31, 2015. The aforementioned statements are to be provided to the Ministry of Education. Total Cost excludes retiree costs. The average number of Full-Time Equivalent (FTE) positions in the bargaining unit as at October 31st and March 31st for the period consistent with this clause.