Value of Construction definition
Value of Construction means the total costs to the owner for the building construction in its completed form and includes the cost of all building work, materials of construction, building systems, labour and overhead, and profit of the contractor and subcontractors.
Value of Construction means the monetary value of the work or works being performed including all materials, labour and ancillary costs of construction;
Value of Construction means all costs of construction, materials and labour.
Examples of Value of Construction in a sentence
For the purposes of this Section, the Loan Value of Construction Perm Loans that are not Converted Loans shall be the anticipated principal amount advanced by Bank to the applicable Mortgagor in respect of such loan at such time as it may become a Converted Loan.
More Definitions of Value of Construction
Value of Construction means the total cost of the building to the owner in its completed form and includes the cost of all building work, materials of construction, building systems, labour, overhead and profit of the contractor and subcontractors. The cost of labour and used material is deemed to be the current market cost of new material and labour.
Value of Construction means the completed building value of all construction or work related to the building including finishes, roofing, electrical, plumbing, heating, air- conditioning, fire extinguishing systems, elevators and any other building service equipment and materials, the current monetary worth of all plans and specifications, labour and fees for design, testing, consulting, management, contractors’ profit and overhead, and current monetary worth of all contributed labour and material and site works.
Value of Construction means the total cost of the building to the owner in its Form and includes cost of all building work, materials of construction, building
Value of Construction means the estimated complete cost to construct buildings in the city, excluding costs such as electrical related to work not under the authority of the City of Whitehorse. As deemed necessary by the authority having jurisdiction, costs provided by an applicant may be revised. (Bylaw 2014-24, June 9, 2014)
Value of Construction means the total construction cost minus land, development cost charges, but includes all professional fees and taxes. The value of construction shall be the greater of:
Value of Construction means the total cost to the owner for the project in its completed form and includes the cost of all work, materials, building systems, labour, overhead and profit of the contractor and subcontractors.