Cost of the Project. 9.1 Definition - The term Cost of the Project shall mean costs necessarily incurred in the Project during the Construction Phase for Construction services and paid by the Construction Manager, which are not included in the Construction Manager’s construction phase fee. Such costs shall include the items set forth below in this Article. The Owner agrees to pay the Construction Manager for the Cost of the Project as defined in Article 9. Such payment shall be in addition to the Construction Manager's fees stipulated in Article 8, and shall be detailed in each monthly payment requisition.
Cost of the Project. The term “cost of the Project” shall include all amounts paid by the Owner to the CM for CONSTRUCTION AND POST- CONSTRUCTION PHASE BASIC SERVICES PROVIDED BY THE CM IN PARAGRAPHS 3.5 AND 3.6 AND payment to all separate Contractors, suppliers and equipment lessors for all work, material, and equipment supplied to the Project including general conditions items.
Cost of the Project. A Cost Estimate of the Redevelopment Project has been prepared by the Redeveloper and is attached hereto as Exhibit C. Redeveloper will use its best efforts to complete the Redevelopment Project within the costs listed in the Cost Estimate. The cost of construction of the Improvements and all other costs of the Project shall be borne by the Redeveloper. The Redeveloper shall pay or cause to be paid when due all costs and expenses, including, without limitation, all contractors requisitions and the cost of materials and equipment incurred in connection with the Work and all fees and expenses of any consultants and professionals and like providers acting for or on behalf of the Redeveloper. Provided that the Township issues bonds, the Township agrees to contribute the proceeds from said bonds towards the financing of the Infrastructure Improvements.
Cost of the Project. 8.1. The term Cost of the Project shall mean cost necessarily incurred in the Project during either the Design or Construction Phase, and paid by the Construction Manager other than as set forth in Article 7. Such costs are the Soft Construction Costs and the items set forth below in this Article, including all items of costs set forth under `A' and `B' in Construction Manager's quotation, dated May 30, 1995.
Cost of the Project. Definition - The term Cost of the Project shall mean costs necessarily incurred in the Project during the Construction Phase for construction services and paid by the Construction Manager, which are not included in the Construction Phase Fee. Such costs shall include the items set forth below in this Article. The Owner agrees to pay the Construction Manager for the Cost of the Project as defined in Article 9. Such payment shall be in addition to the Construction Manager’s fees described in Article 8. Direct Cost Items Wages - Wages include Wages paid for labor (as opposed to wages paid to management or supervisory personnel) in the direct employ of the Construction Manager in the performance of his Work under Agreement, times a multiple of 1.35 to cover fringe benefits; and, Wages paid to management or supervisory personnel in the employ of the Construction Manager at the job site, times a multiple of 1.50 to cover fringe benefits. The Construction Manager’s personnel to be assigned to the site during the Construction Phase, their duties and responsibilities, and the duration of their assignments as otherwise agreed to in writing by the parties. Supplies - Cost of all materials, supplies and equipment incorporated in the Project, including costs of transportation and storage thereof, but excluding interest, penalties and late charges due to the failure of the Construction Manager to make timely payments for all labor, services, equipment and materials purchased in connection with the Project. Subcontractors - Payments due to Subcontractors from the Construction Manager or made by the Construction Manager to Subcontractors for their Work performed pursuant to contract under this Agreement. Materials Not Fully Consumed - Cost, including transportation and maintenance, of all materials, supplies, equipment, temporary facilities and hand tools not owned by the workmen, which are employed or consumed in the performance of the Work, cost on such items used but not consumed which may be turned over to the Owner at the end of the Project, and cost less salvage value on such items used but not consumed which remain the property of the Construction Manager. For those items to be turned over to the Owner at the end of the project, paragraph 2.3.6 shall apply. Rental Charges - Rental charges on all necessary machinery and equipment, exclusive of hand tools used at the site of the Project, whether rented from the Construction Manager or other, including installation, r...
Cost of the Project. The securing of all funds necessary to cover the cost of the Project set forth in the most recently approved Project Financing Plan and Budget shall be the responsibility of the Applicant and the State shall not in any manner be responsible for providing any funding or financial assistance in connection with the Project other than the Tax Credits and the Funding, to the extent applicable. The Applicant shall cause the Capital Investment Obligation (as hereinafter defined) to be satisfied and shall expend, or cause to be expended an amount of funds in accordance with the Project Financing Plan and Budget. As used herein, (i) “Capital Investment Obligation” shall mean the Applicant’s obligation to invest, or cause to be invested, Forty-Five Million Dollars ($45,000,000.00) in the Project between the Capital Investment Obligation Start Date (as hereinafter defined) and Capital Investment End Date; provided, however, that the Capital Investment Obligation may be adjusted in accordance with the provisions of this Agreement relating to the revision of the Project Financing Plan and Budget; and (ii) “Capital Investment Obligation Start Date” shall mean October 1, 2015 and “Capital Investment End Date” shall mean September 30, 2020.
Cost of the Project. 4.1 The PROJECT COST shall be determined by the summation of all DIRECT COSTS AND INDIRECT COSTS imputable to the execution of the contracted works, that were contracted according to the procedures of ANNEX 7 of this CONTRACT and according to the Scope of Work indicated in ANNEX 1. The taxes arising from the execution of the project, shall be paid by GHK but will not be part of the PROJECT'S COST.