Common use of Building Costs Clause in Contracts

Building Costs. The amount requested for this line item on the application was $3,300,000. Due to the limit of local authorization amount, the Sub-Total line item is limited to $3,936,000. This amount is therefore reduced to $3,263,330. Allowable Building Costs are $3,263,330.

Appears in 2 contracts

Samples: Loan Agreement (Middlesex Water Co), Loan Agreement (Middlesex Water Co)

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Building Costs. The amount requested for this line item on the application was $3,300,000. Due to The allowable amount based on the limit of local authorization amount, the Sub-Total line item low bid received is limited to $3,936,000. This amount is therefore reduced to $3,263,330. 3,486,025 Allowable Building Costs are $3,263,3303,486,025.

Appears in 2 contracts

Samples: Loan Agreement (Middlesex Water Co), Loan Agreement (Middlesex Water Co)

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