Cost Determination. (A) Basis for Major Capital Improvement Cost Determination. Major Capital Improvements, except those awarded to the Manager as a result of the competitive procurement procedures outlined in subsection 5.3(C) hereof shall be performed, whether by the Manager's own workforce or by a Subcontractor, at the cost of the service without any multiplier fee or xxxx-up. Construction Work management and administration costs will either be specifically budgeted on a project-specific outsourced basis, or such costs will be captured within the then current Direct Cost Budget.
Cost Determination. Except as otherwise modified herein, pursuant to Section 4-3 of the F.D.O.T. Standard Specifications, the cost or credit to the OWNER resulting from a change in Work shall be determined as follows:
Cost Determination. Public Works Improvements shall be performed, whether by the Manager's own workforce or by a Subcontractor, at the cost of the service without any multiplier fee or xxxx-up; provided, however, that such costs shall be reduced by all reimbursements or payments received from the applicable Governmental Body for the planning, engineering, procurement and completion of the Public Works Improvement. Construction management and administration costs will either be specifically budgeted on a project-specific outsourced basis or such costs will be captured within the then current Direct Cost Budget. Decisions as to outsourcing construction management of Public Works Improvements shall be made in accordance with the procedures and criteria set forth in Xxxxxxxx 0 xxxxxx.
Cost Determination. Upon completion of the Schematic Design Phase, ARCHITECT shall provide DISTRICT with the documents set forth in Article 1.2.4 and all other documents used in preparing ARCHITECT’S Statement of Probable Construction Cost. DISTRICT shall review its own Estimate, if any, and compare it to ARCHITECT'S Statement of Probable Construction Cost. Any discrepancies between the Statement and the Estimate, if any, shall be identified and reconciled in accordance with Article 4, Construction Cost.
Cost Determination. The costs and applicable percentages, as detailed in this GP 5.01, shall be the only amounts allowable to determine the price of a change. The provisions of sub-part 31.2 et seq. of the Federal Acquisition Regulations shall be used to determine the allowability and allocability of the proposed costs (either increases or decreases) for the changed Work, except that, those regulations notwithstanding, state and local taxes on net income shall not be allowed. All cost determinations shall include only those costs that are deemed by MTA as necessary and reasonable. Should an item of Work be partially or totally deleted, the Contract Price may, at MTA's sole option, be decreased by the amount for that item in the MTA approved progress payment breakdown of the total Contract Price. Cost determination for claimed costs associated with delay shall be in accordance with GP 3.06" Design-Builder Damages for Delay".
Cost Determination. Upon fifty percent (50%) completion of the Construction Document Phase and upon one hundred percent (100%) completion of the Construction Document Phase, ARCHITECT shall provide DISTRICT with all documents used to prepare ARCHITECT’S 50% and 100% CD Cost Statements. DISTRICT shall review its Estimate, if any, and compare it to ARCHITECT’S 100% CD Cost Statement. Any discrepancies between the 100% CD Cost Statement and the Estimate, if any, shall be identified and reconciled in accordance with Article 4, Construction Cost.
Cost Determination. ARCHITECT shall comply with Articles 4.4.5 and 4.4.6 upon becoming informed of the Bid Price, as defined by Article 4.4.3.
Cost Determination. Determination of incremental costs will be through allocation arrangement. SP and DAC will together select environmental project manager responsible for making those environmental determinations affecting construction and allocating costs of construction as provided above. SP and DAC will work together to determine most efficient and cost-effective means for integrating environmental work with regular construction work and to provide guidelines, where applicable, for the allocation of costs.
Cost Determination. Contractor shall comply with Florida Department of Transportation (FDOT) specifications 4-3.
Cost Determination. The cost or credit to the Owner resulting from a change in the Work shall be determined in one or more of the following ways:
