Payment of Design and Construction Costs Sample Clauses

Payment of Design and Construction Costs. The Parties acknowledge and agree that the Village has committed to provide a cash reimbursement to the Park District for the design and construction costs of the Stormwater Improvements by FMC, up to one million dollars ($1,000,000.00). Under the terms of the agreement between the Park District and FMC, as the work progresses, FMC’s contractors supplying labor or materials for the construction of the Stormwater Improvements will submit pay requests to the Park District, including lien waivers and sworn statements on forms acceptable to FMC and the Park District. FMC is to forward the pay request, including all supporting documentation, to the Park District for review and approval. Following approval of the pay requests by the Park District, the Park District shall submit the same to the Village. Not more than sixty (60) days following the Village’s receipt of each pay request and the accompanying documentation required hereunder, the Village shall pay the Park District the amount of the approved pay request, and immediately following receipt of said payment, the Park District will pay the contractors the full amount of approved pay requests. The Parties shall continue this process until the Village has provided payments for the design and construction of the Stormwater Improvements in the total amount of one million dollars ($1,000,000.00) The Village shall have no obligation to make payments in excess of one million dollars ($1,000,000.00) towards the design and construction of the Stormwater Improvements. Any remaining costs for the design and construction of the Stormwater Improvements shall be the responsibility of the FMC in accordance with the terms of their agreement with the Park District.
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Payment of Design and Construction Costs. The Authority shall authorize the Trustee to make payments to the extent available from the Acquisition Account to pay the Authority's Facility Cost subject to the provisions of this Agreement and the Trust Indenture, upon receipt of a Requisition Certificate signed by an authorized official of the State or Educational Institution, as applicable, approved by the Authority, stating with respect to each payment to be made: (i) the Requisition Certificate number, (ii) the name and address of the person, firm or corporation to whom payment is due, (iii) a description of the Authority's Facility Cost covered by such Requisition Certificate and a statement that the payment is being made for a cost or expense properly chargeable to the Acquisition Account, (iv) the amount to be paid, (v) that each obligation mentioned therein is a proper charge against the Acquisition Account and has not been the basis of any previous payment, (vi) that the cost of the portion of the Facility covered by such Requisition Certificate is not less than the amount to be paid thereunder, (vii) that neither the State nor the Educational Institution is in default under this Agreement and that nothing has occurred to the knowledge of the Educational Institution or the State which prevents the performance of the State’s or the Educational Institution’s obligations under this Agreement, and (viii) that after the payment of the requisition the amount on deposit in the Acquisition Account together with other moneys to be available through the anticipated issuance of additional Notes and funds to be provided by the Educational Institution, together with any moneys appropriated by an appropriation act for construction of the Facility, will be sufficient to complete the Facility by the Contract Completion Date. The State or the Educational Institution, as applicable, shall also provide the Authority, the Bank, and the Trustee with (i) sworn statements and, if appropriate, waivers of lien (satisfactory in form and substance to the Authority) by contractors, subcontractors and for materialmen on the Facility and endorsements to the title insurance policy, if any has been provided pursuant to this Agreement, showing coverage by an amount not less than the moneys which have been expended by the Authority for the Facility, including the disbursement being requested and (ii) an itemization of the Authority's Facility Cost in sufficient detail to evidence incurring of such cost for the payment of which...
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Payment of Design and Construction Costs. Incurred by the sub-recipient In consideration of the sub-recipient's acceptance of the responsibilities described in paragraph I, above, the Grantee agrees to the following:
Sample 1
Payment of Design and Construction Costs. All construction engineering, testing, related, and miscellaneous costs for the Improvements shall be paid for by the Parties in accordance with the allocation of estimated costs shown on Estimated Construction Costs, Cost Share Participation, and the Estimated Allocation of Costs. Any costs for the Improvements exceeding the estimated construction costs shall be treated in the same manner and paid in the same proportion as the costs depicted on the Cost Share Participation and the Estimated Allocation of Costs, unless otherwise provided for herein. City shall invoice Sarpy County and SID NO. 301 for their respective share of the Actual Total Costs, which Sarpy County and SID NO. 301 shall pay within thirty (30) days after receipt of such invoice. The Actual Total Costs of the Improvements shall include any design costs, engineering fees, publication costs, testing expenses, property acquisition, construction costs, materials, and related fees and expenses (collectively, referred to as “Actual Total Costs”). The Actual Total Costs shall be split proportionally among the Parties as shown on the Estimated Construction Costs, the Cost Share Participation, and the Estimated Allocation of Costs, less any fiscal, legal, and interest fees incurred by SID NO. 301 to perform its obligations under this Agreement, which shall be the sole responsibility of SID NO. 301. The Actual Total Costs of the Improvements shall not include any costs of financing or acquiring financing incurred by any Party.
Sample 1
Payment of Design and Construction Costs. All construction engineering, testing, related, and miscellaneous costs for the Improvements shall be paid for by the Parties in accordance with the allocation of estimated costs shown on Exhibit D, attached hereto and hereinafter referred to as the “Cost Allocation”. Any costs for the Improvements exceeding the estimated construction costs shall be treated and proportionally paid the same as those costs depicted on the Cost Allocation exhibit, unless otherwise provided for herein. Proportionally paid shall mean each Party is responsible for one- third of the costs as depicted on the Cost Allocation exhibit, unless otherwise provided herein. City shall invoice Sarpy County and SID NO. 301 for their respective share of the actual construction costs, which Sarpy County and SID NO. 301 shall pay within thirty (30) days after receipt of such invoice. The actual total costs of the Improvements shall include any engineering fees, publication costs, testing expenses, property acquisition, construction costs, materials, and related fees and expenses. The actual total costs shall be split proportionally among the Parties less any fiscal, legal, and interest fees incurred by SID NO. 301 to perform its obligations under this Agreement, which shall be the sole responsibility of SID NO. 301. The actual total costs of the Improvements shall not include any costs of financing or acquiring financing incurred by any Party. Any sums on the Estimate of Costs and the Cost Allocation for (a) Paving (Xxxxxx Road at Frontage, 108th to 111th Street) and (b) Paving (Xxxxxx Road East, 108th to Turkey Road) that are designated as “Future SID” expenses shall initially be paid by Sarpy County. To the extent that Sarpy County pays for such expenses, City, as a condition to City’s approval for future development of the property of tax lot 15 in Section 33, Township 14, Range 12; the NE ¼ of Xxxxxxx 0, Xxxxxxxx 00, Xxxxx00; or the NW ¼ of Section 4, Township 13, Range 12, except for Tax Lots 3A and 4, all of the 6thP.M in Sarpy County, shall require any other Sanitary Improvement District, private developer, or other such entity developing said property, to proportionally reimburse Sarpy County for the “Future SID” expenses after the filing of the final plat or prior to the issuance of a new single-family residential or commercial building permit if a final plat is not required. If the development is being completed in phases the City shall require the Sanitary Improvement District, priv...
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Related to Payment of Design and Construction Costs

  • Coordination of Design and Construction Contract Documents 5.5.1 Review model(s), Drawings, Specifications and other Construction Documents as they are developed by A/E during the Schematic Design, Design Development, and Construction Documents design phases of the Project.

  • Design and Construction In complying with the requirements of the specification both with respect to arrangement and detail, design is to conform to the best current engineering practice. Each of the several parts of the material is to be of the maker’s standard design provided that this design is in general accordance with the specification. The essence of design should be simplicity and reliability in order to give long continuous service with high economy and low maintenance cost. Particular attention should be paid to internal and external access in order to facilitate inspection, cleaning and maintenance. The design dimensions and materials of all parts are to be such that they will not suffer damage as a result of stresses under the most severe conditions. Fully detailed specifications of the several parts of the material are to be submitted describing particularly the materials to be used. The materials used in the construction of the material are to be of the highest quality and selected particularly to meet the duties required of them. Mechanisms are to be constructed to avoid sticking due to rust or corrosion. Workmanship and general finish are to be of the highest class throughout. All similar parts of the material are to be interchangeable. All equipment is to operate without undue vibration and with the least possible amount of noise and is not to cause a nuisance. All equipment is to be designed to minimize the risk of fire and any damage, which may be caused in the event of fire. The equipment is also to be designed to prevent ingress of all vermin, accidental contact with live parts and to minimize the ingress of dust and dirt. The use of materials, which may be liable to attack by termites or other insects, is to be avoided.

  • PRE-CONSTRUCTION PHASE FEE The Pre-Construction Phase Fee is the total compensation payable to Contractor for the performance of Pre-Construction Phase Services, except for Additional Pre-Construction Phase Services approved in advance and in writing by Owner. The Pre-Construction Phase Fee shall be a lump sum amount based on the AACC established in this Agreement.

  • Project Construction The Contractor agrees to provide continuous on-site supervision on each Job Order, while progress on the project is being accomplished. The Contractor’s Project Manager will ensure:

  • General Construction Obligations (a) Without limiting Section 10.3:

  • DIRECT CONSTRUCTION COST Direct Construction Cost means the sum of the amounts that Contractor actually and necessarily incurs constructing the Project in strict compliance with the Construction Documents. Direct Construction Cost includes only the cost categories set forth in this Article and does not include the Pre-Construction Phase Fees or the Construction Phase Fees unless specifically noted. References in the UGSC to adjustments in “cost” or “costs” mean the Direct Construction Cost.

  • New Construction If this contract is for a Property that is newly constructed and the new construction option is selected, coverage begins on day one (1) of month thirteen

  • Pre-Construction Phase Employer’s Liability, Workers’ Compensation, Comprehensive General Liability and Comprehensive Automobile Liability in the amounts as set forth in the UGSC.

  • Definitions and Construction 1 1.1 Definitions.....................................................................................1 1.2

  • PRE-CONSTRUCTION PHASE SERVICES The Pre-Construction Phase shall be deemed to commence upon the date specified in a written Notice to Proceed with Pre-Construction Phase Services issued by Owner and shall continue through completion of the Construction Documents and procurement of all major Subcontractor agreements. Contractor is not entitled to reimbursement for any costs incurred for Pre-Construction Phase Services performed before issuance of the written Notice to Proceed. Pre-Construction Phase Services may overlap Construction Phase Services. Contractor shall perform the following Pre-Construction Phase Services:

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