Examples of Estimated Cost of Work in a sentence
The parties agree that the GMP for the Project is $ , consisting of the Preconstruction Fee, the Estimated Cost of the Work and the CM/GC Fee (stated as a fixed dollar lump sum amount), as follows: Preconstruction Fee: $ Estimated Cost of Work (Est.
Estimated Cost of Work shall inclusive of all applicable Taxes, levies, Cess, etc.
The format of the Estimated Cost of Work shall follow the divisions of the specifications and show contingency, general conditions, insurances and bond costs and profit and overhead through the Project’s end.
Estimated Cost of Work shall inclusive of all applicable Taxes, levies, Cess, etc.3.18 The area mentioned in the Tender/EOI are only tentative and interested PSUs may physically inspect the buildings to ascertain the same before quoting of Centage Charges.
Upon completion of this preliminary engineering and design work, Company shall provide the Customer with a revised Estimated Cost of Work (+/- 25%) , and, following delivery of such revised Estimated Cost of Work, shall suspend Work pending Customer’s delivery of its Consent to Proceed.
The Estimated Cost of Work (and any revisions thereto) and any other estimates provided under or in connection with this Agreement or the Work shall not limit Customer’s obligation to pay Company for all Company Reimbursable Costs actually incurred by Company and/or its affiliates.
The Estimated Cost of Work, including any revisions thereto, is an estimate only.
Details should be furnished in FORM “A” 1.6 The bidding capacity of the contractor must not be less than the Estimated Cost of Work.
However, as long as the total Company Reimbursable Costs do not exceed the Estimated Cost of Work, then items of defective Work identified by the Customer prior to completion of the Work that Company reasonably determines need to be re-performed in order to comply with the standards in this Section 3.2 shall be completed or re-performed subject to reimbursement of all costs associated therewith as part of Company Reimbursable Costs.
GC/CM Fee - Provide your firm's GC/CM Fee for overhead and profit as a percentage of the Estimated Cost of Work for this Project.