Common use of Construction Cost—Definition Clause in Contracts

Construction Cost—Definition. 3.1 The Estimated Construction Cost shall be the total cost of all elements of the Project, including all alternate bids or proposals, designed, and specified by the Project Architect. 3.2 The Estimated Construction Cost shall include at current market rates a reasonable allowance for overhead, profit and general conditions, the cost of labor and materials furnished by the Owner and any equipment which has been shown in the plans, specified, and specially provided for by the Project Architect. 3.3 The Estimated Construction Cost does not include compensation to the Project Architect and the Project Architect’s consultants, the cost of the land, rights-of-way, or other costs which are the responsibility of the Owner as provided in Article 2.

Construction Cost—Definition. 3.1 The Estimated Construction Cost shall be the total cost of all elements of the Projectproject, including all alternate bids or proposals, designed, designed and specified by the Project Architect. 3.2 The Estimated Construction Cost shall include at current market rates a reasonable allowance for overhead, profit and general conditions, the cost of labor and materials furnished by the Owner and any equipment which has been shown in the plans, specified, and specially provided for by the Project Architect. 3.3 The Estimated Construction Cost does not include compensation to the Project Architect and the Project Architect’s consultants, the cost of the land, rights-of-way, or other costs which are the responsibility of the Owner as provided in Article 2.

Construction Cost—Definition. 3.1 The Estimated Construction Cost shall be the total cost of all elements of the Projectproject, including all alternate bids or proposals, designed, designed and specified by the Project ArchitectEngineer. 3.2 The Estimated Construction Cost shall include at current market rates a reasonable allowance for overhead, profit and general conditions, the cost of labor and materials furnished by the Owner and any equipment which has been shown in the plans, specified, and specially provided for by the Project ArchitectEngineer. 3.3 The Estimated Construction Cost does not include compensation to the Project Architect Engineer and the Project ArchitectEngineer’s consultants, the cost of the land, rights-of-way, or other costs which are the responsibility of the Owner as provided in Article 2.