Punch List Liquidated Damages to Compensate for Added Owner Project Costs Sample Clauses

Punch List Liquidated Damages to Compensate for Added Owner Project Costs. If the total time utilized for Punch List exceeds sixty (60) days, then Contactor shall be charged liquidated damages of at least $750 per day for continued Punch List Work to compensate for an Inspector, Architect, and Construction Manager extended time on the Project. This Punch List Liquidated Damage number is based on anticipated cost for an Inspector on site and additional costs for the Architect and Construction Manager to re-inspect Punch List items and perform the administration of the Close-out.
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Punch List Liquidated Damages to Compensate for Added Owner Project Costs. If the total time utilized for Punch List exceeds sixty (60) days [the thirty (30) day period under Paragraph 9.11.4 plus an additional thirty (30) day period that has been requested in writing], and then Design-Builder shall be charged Liquidated Damages of $1,050 per day for continued Punch List Work to partially compensate for the Inspector and Owner’s Project Manager’s extended time on the Project. This Punch List Liquidated Damage number is based on anticipated cost for an Inspector on site and additional costs for the Owner’s Project Manager to reinspect Punch List items and perform the administration of the Close-out.
Sample 1

Related to Punch List Liquidated Damages to Compensate for Added Owner Project Costs

  • INDEMNIFICATION FOR DAMAGES, TAXES AND CONTRIBUTIONS CONTRACTOR shall exonerate, indemnify, defend, and hold harmless COUNTY (which for the purpose of paragraphs 5 and 6 shall include, without limitation, its officers, agents, employees and volunteers) from and against:

  • Compensation for Reimbursable Expenses 11.8.1 Reimbursable Expenses are in addition to compensation for Basic, Supplemental, and Additional Services and include expenses incurred by the Architect and the Architect’s consultants directly related to the Project, as follows:

  • Start-Up Costs 4.1.1 The Government of Ontario will provide:

  • Non-Reimbursable Expenses In addition to the non-reimbursable items set forth above in this Policy, the following is a non-exhaustive list of expenses that will not be reimbursed by Xxxxxxxxxx County:

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Direct Costs Insert the major cost elements. For each element, consider the application of the paragraph entitled “Costs Requiring Prior Approval” on page 1 of these instructions.

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