Responsibility for Construction Costs Sample Clauses
Responsibility for Construction Costs. (1) District’s budget for the Project may include a contingency of ten percent (10 %) over and above any estimate of construction cost or evaluation prepared or agreed to by Architect
(2) Evaluation of District’s budget for the Project, preliminary estimates of the probable construction cost and any updated estimates of the probable construction cost prepared by Architect represent Architect’s best judgment as a design professional familiar with the construction industry. The parties recognize, however, that neither Architect nor District has control over the cost of labor, materials or equipment, over the contractor’s methods of determining bid prices, or over competitive bidding, market or negotiating conditions. Accordingly, Architect cannot and does not warrant or represent that bids or negotiated prices will not vary from District’s budget for the Project or from any estimate of construction costs or evaluation prepared or agreed to by Architect.
(3) In preparing estimates of construction cost, the Architect shall include reasonable contingencies for design, bidding and price escalation as agreed to by the District.
(4) If bidding or negotiating has not commenced within sixty (60) days after Architect submits the construction documents to District, following review and approval by District’s legal counsel, any Project budget shall be adjusted to reflect changes, if any, in the general level of prices in the construction industry.
(5) Should the lowest responsible bid received exceed Architect’s final estimate of probable construction costs as accepted by District by more than ten percent (10%), District may:
(a) award the contract and proceed with the Project;
(b) authorize rebidding of the Project within a reasonable time;
(c) cancel the Project and terminate this Agreement in accordance with Paragraph 13; or
(d) direct Architect to revise the Project scope and quality as required to reduce the construction cost.
(6) If District chooses to proceed under item 5(d) above, Architect shall as part of Basic Services make any changes in plans and specifications necessary to bring new bids within ten percent (10%) of such estimated cost. The modification of the contract documents shall be the limit of Architect’s responsibility arising out of the estimate of probable construction cost. Architect shall be entitled to compensation in accordance with this Agreement for all services satisfactorily performed to date whether or not the Construction Phase is comme...
Responsibility for Construction Costs. Subject to their respective Total Funding Commitments, Alpharetta shall contribute 50% and the County shall contribute 50% of the funding required for the local government share of the construction costs of Phase 1-A, which costs shall include environmental mitigation costs and utility relocation costs. Subject to their respective Total Funding Commitments, ▇▇▇▇▇ Creek shall contribute 50% and the County shall contribute 50%, of the funding required for the local government share of the construction costs of Phase 1-J, which costs shall include environmental mitigation costs and utility relocation costs. The construction funds shall be payable at times and in increments consistent with the payment schedule established with the prime construction contractor, mitigation bank, or utility company, as applicable.
Responsibility for Construction Costs. 11 Section 6.4.
Responsibility for Construction Costs. Landlord will perform the Landlord Work, except that all costs attributable to Change Orders requested or approved by Tenant shall be payable by Tenant. Tenant agrees that Landlord may condition its consent to any Change Orders on Tenant's payment to Landlord of the increased cost of the Landlord Work, if any, as a result thereof prior to commencing such
Responsibility for Construction Costs. Landlord and Tenant agree that Tenant shall be responsible for and shall pay for the full cost of the following construction items (collectively, "Tenant's Work") (subject to partial reimbursement by Landlord through Landlord's Contribution, as hereinafter defined) and shall cause the Tenant's Work to be completed in accordance with the approved plans in good and workmanlike condition and in compliance with all applicable laws:
(a) All additional improvements necessary to complete the Premises, including, without limitation, interior improvements, demising partitions, exterior facade, all costs of bringing or increasing electrical service to the Premises, electrical distribution within the Premises, any roof top facilities (subject to Section 12.4 hereof) such as signage, antennae, dishes or masts, all other utility distribution such as phone, data, cable television service, natural gas, and sanitary and water (collectively, the "Tenant Improvements");
(b) All Base Building Construction for those areas of the Complex necessary to complete the Premises (whether located inside or outside the Premises), but expressly excluding therefrom the costs of constructing the New Tenant Space;
(c) All Seismic Upgrades to the Complex, provided that Landlord shall reimburse tenant in an amount equal to 50% of the cost of the Seismic Upgrades to the First and Second Street retail/office elements of the Complex, subject to a maximum reimbursement of Five Hundred Thousand Dollars ($500,000); and
(d) All foundation improvements required to accommodate Tenant's occupancy and use of the Premises, but excluding any foundation improvements required to accommodate the use and occupancy of the New Tenant Space (which shall be part of Landlord's Work). In connection with the construction of Tenant's Work, Tenant shall also be responsible for, and shall pay for the full cost of, all permits, City Approval costs, inspection fees and connection fees (except those directly associated with Landlord's Work), all life safety elements, including without limitation sprinklers, annunciation panels and fire alarm connections to Landlord's system, and all items required by applicable laws. Landlord shall be responsible for and shall pay for the full cost of constructing the New Tenant Space (collectively, "Landlord's Work") and shall cause the same to be completed in accordance with the approved plans in good and workmanlike condition and in compliance with all applicable laws. Landlord also a...
Responsibility for Construction Costs. 5.2.1 Evaluations of the COUNTY’S Project budget, preliminary estimates of Construction Cost and detailed estimates of Construction Cost, if any, prepared by the ENGINEER, represent the ENGINEER’S best judgment as a design professional familiar with the construction industry. It is recognized, however, that neither the ENGINEER nor the COUNTY has control over the cost of labor, materials or equipment, over the Contractor’s methods of determining bid prices, or over competitive bidding, market or negotiating conditions. Accordingly, the ENGINEER cannot and does not warrant or represent that bids or negotiated prices will not vary from the COUNTY’S Project budget or from any estimate of Construction Cost or evaluation prepared or agreed to by the ENGINEER.
Responsibility for Construction Costs