Common use of Reimbursable Costs Clause in Contracts

Reimbursable Costs. For purposes of this Agreement, “Reimbursable Costs” shall mean those out-of-pocket expenses not attributable to General Conditions but necessary for completion of the Project, including, but not limited to, construction power, printing, and reproduction costs. Reimbursable Costs shall include only those costs that: (i) are directly related to construction of the Project or provision of the CM Services; and (ii) are approved by the District in advance of such costs being incurred by the Construction Manager. The Construction Manager shall take all reasonable steps necessary to obtain the most competitive prices available for such Reimbursable Costs and shall invoice Reimbursable Costs to the District only at the actual cost incurred by the Construction Manager, without markup for overhead, profit, or other purposes. The Construction Manager shall not incur any Reimbursable Costs without the prior written approval of the District, and the District shall not be obligated to pay any otherwise Reimbursable Cost in the absence of such prior approval. In accordance with Section 7.6, all Reimbursable Costs presented for reimbursement by the District must be accompanied by documentation that reasonably evidences such costs.

Reimbursable Costs. For purposes of this CM Agreement, “Reimbursable Costs” shall mean those out-of-pocket expenses not attributable to General Conditions but necessary for completion of the Project, including, but not limited to, construction power, printing, printing and reproduction costs. Reimbursable Costs shall include only those costs that: (i) are directly related to construction of the Project or provision of the CM Services; , and (ii) are approved by the District in advance of such costs being incurred by the Construction Manager. The Construction Manager shall take all reasonable steps necessary to obtain the most competitive prices available for such Reimbursable Costs and shall invoice Reimbursable Costs to the District only at the actual cost incurred by the Construction Manager, without markup for overhead, profit, profit or other purposes. The Construction Manager shall not incur any Reimbursable Costs without the prior written approval of the District, and the District shall not be obligated to pay any otherwise Reimbursable Cost in the absence of such prior approval. In accordance with Section 7.6, all Reimbursable Costs presented for reimbursement by the District must be accompanied by documentation that reasonably evidences such costs.6.6