Additional Construction Costs definition

Additional Construction Costs means any net increases in construction costs for the Vessel which (i) result from actions by the Initial Charterer or the Technical Supervisor; (ii) are approved by the Owner, such approval not to be unreasonably withheld; and (iii) occur after execution of the Building Contract but prior to the Delivery Date.
Sample 1Sample 2Sample 3
Additional Construction Costs means, with respect to a Change Order, any and all additional costs and expenses which are attributable to such Change Order, including, without limitation, architectural and design fees and expenses and the amount charged to Lessor by the Approved Contractor for such Change Order, which may include reasonable, customary, and applicable administrative, overhead and profit allowances payable to the Approved Contractor, plus any reasonable, customary, and applicable administrative fee charged by Lessor with respect to such Change Order. For the avoidance of doubt, subsections 40.41, 40.42 and 40.43 of the Lease have been and hereby are deleted in their entirety.
Sample 1
Additional Construction Costs means the additional dollar costs of all change orders to the Initial Construction Cost, represented by the General Contractor’s Change Orders #1, #2, #3, and #4, together with any other change orders of the General Contractor, if applicable, except that the following are not included in the Additional Construction Costs:
Sample 1

Examples of Additional Construction Costs in a sentence

  • Below in Table 19 a summary of all additional permanent and temporary structures and facilities which need to be provided by the Project15: Table 19: Summary of Additional Construction Costs for Mitigation MeasuresItem No.Source: compiled by MICT in December 2021 D.

  • Addition Energy Budgets 4/26/11 Building Envelope ImprovementApproximate Additional Construction Costs Lumber Material CostAdhesives, Fillers and foam, Etc.

  • Upon prior written notice to the Customer, if Dominion Energy elects to remediate the contamination, Customer shall pay all costs incurred by Dominion Energy arising from or caused by the remediation as Additional Construction Costs.

  • The City’s request for Additional Funding shall be accompanied by a brief report outlining the progress of the Improvements, an accounting of the Additional Construction Costs paid (by source) to date, and the use of the funds for which reimbursement by the County is sought.

  • Subsection 2.1.1. shall be added to the Agreement and state the following: 2.1.1. The County shall fund an amount not to exceed $750,000 (“Additional Funding”) for the Additional Construction Costs outlined in Exhibit “C.” The City shall first fund $1,997,670.37 before requesting the Additional Funding from the County.

  • If Company elects to remediate the contamination, Customer shall pay all costs incurred by Company arising from or caused by the remediation as Additional Construction Costs 7.

  • A Participant’s “Deferred Retirement Date” shall be the first day of the month coinciding with or next following the date that the Participant his incurred a Separation from Service from the Employer, but not beyond his 70th birthday.

  • The current anticipated breakdown of contingency funds is as follows: Total SRF Loan Agreement Contingency$5,440,000IEC DSDC Amendment($733,655)GAC Treatment Equipment($1,260,493)GAC Treatment Yard Piping Change Order($559,145)*Estimated GAC Treatment Design and Installation Costs($3,500,000)Estimated Remaining Funds for Potential Additional Construction Costs ($613,293)*Note that the installation costs shown are an estimate based on current negotiations with the contractor.

  • Additional Construction Costs Per submitted materials Harrah's Atlantic City Expansion$585Horseshoe Hammond Expansion in Indiana $485Caesars Palace Expansion in Las Vegas$1,000Margaretville in Biloxi, Mississippi$704Total additional Funds$2,774Concluding Points for Consideration Positives1.

  • The westernS.R. 18 approach has two westbound lanes and three eastbound lanes, with the southern-most eastbound lane being a dedicated right-turn partial bypass lane onto Octagon Drive.- Additional Construction Costs: $844,500- Additional Right-of-Way Costs: $256,000- Additional Permanent Right of Way Required: 0.58 acres- Additional Property Owners Affected: 3 Advantages- Feasible from a traffic operations standpoint.


More Definitions of Additional Construction Costs

Additional Construction Costs means, with respect to a Change Order, any and all additional costs and expenses which are attributable to such Change Order, including, without limitation, architectural and design fees and expenses and the amount charged to Lessor by the Approved Contractor for such Change Order, which may include reasonable, customary, and applicable administrative, overhead and profit allowances payable to the Approved Contractor, plus any reasonable, customary, and applicable administrative fee charged by Lessor with respect to such Change Order.
Sample 1
Additional Construction Costs means in respect of a Vessel, any increase in the Contract Price under Article II paragraph 2 of the relevant Shipbuilding Contract;
Sample 1
Additional Construction Costs means the following costs (to the extent not included in the Construction Cost): (w) all reasonable out-of-pocket costs for the preparation of the Tenant Working Drawings (including the Tenant Engineering Drawings), interior design and finish schedule plans, drawings and specifications (including any as built drawings), and all other space plans and plans and specifications for the Tenant Improvements, (x) all reasonable out-of-pocket costs of obtaining building permits and other necessary authorizations from the applicable governmental authorities and the payment and performance bond for the Tenant Contractor, (y) the reasonable out-of-pocket expenses of moving to the Initial Leased Premises, and (z) all other reasonable out-of-pocket costs of procuring and installing the Tenant Improvements (including communication equipment) in the Initial Leased Premises. Tenant must submit reasonable documentation to Landlord supporting such reimbursement or payment at least ten (10) days prior to the proposed disbursement. Notwithstanding anything to the contrary contained in this Lease, in no event is Landlord obligated to disburse amounts for the Additional Construction Costs to the extent Landlord reasonably believes that the sum of the Construction Cost, the sums previously disbursed by Landlord for Additional Construction Costs and the Additional Construction Costs requested may exceed the Construction Allowance.
Sample 1

Related to Additional Construction Costs

  • Direct Construction Cost means the sum of the amounts that the Construction Manager actually and necessarily incurs for General Conditions Costs, Cost of the Work and Construction Manager’s Contingency during the Construction Phase as allowed by this Agreement. Direct Construction Cost does not include Pre-Construction Phase Fees or Construction Phase Fees.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Estimated Construction Cost or “ECC” means the amount calculated by Contractor for the total cost of all elements of the Work based on this Agreement available at the time(s) that the ECC is prepared. The ECC shall be based on current market rates with reasonable allowance for overhead, profit and price escalation and shall include and consider, without limitation, all alternates and contingencies, designed and specified by A/E and the cost of labor and materials necessary for installation of Owner furnished equipment. The ECC shall include all the cost elements included in the AACC, as defined above, and shall represent Contractor’s best current estimate of the Guaranteed Maximum Price it will propose for the Project based on the information then available. The ECC shall not include Contractor’s Pre-Construction Phase Fee, A/E’s Fees, the cost of the land and rights-of-way, or any other costs that are the direct responsibility of Owner.

  • Original construction ’ shall mean the first or initial construction

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • Residential construction means construction on single-family or two-family dwellings occupied or used, or intended to be occupied or used, primarily for residential purposes, and includes real property pursuant to chapter 499B.

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Construction Fee means a fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or provide major repairs or rehabilitations on a Property.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Building construction means any physical activity on the site involved in the erection of a structure, cladding, external finish, formwork, fixture, fitting of service installation and the unloading of plant, machinery, materials or the like.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Cost of Construction means the total cost to Owner of those portions of the entire Project designed or specified by the Design Professional. Cost of Construction does not include the Design Professional's compensation and expenses and Owner's expenses associated with the Project or the cost of other services to be provided by others to the Owner.

  • Construction and demolition debris means and includes:

  • Pre-Construction Phase Services means the participation, documentation and execution of Contractor’s Pre-Construction Phase deliverables as required by this Agreement and further defined in Article 5.

  • Existing construction means any structure for which the "start of construction" commenced before the effective date of the initial floodplain management code or ordinance adopted by the community as a basis for that community's participation in the NFIP.

  • The constructional plant means all appliances, tools, plants or machinery or whatsoever nature required in or about the execution, completion or maintenance of the works but does not include materials or other things intended to form part of the permanent work.

  • Operation and Maintenance Costs means the costs of:

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Acquisition and Construction Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Completion of Construction means all the construction is complete except for minor weather-related components and conforms to the approved plans and specifications and change orders.

  • Leasing Costs means, with respect to a particular Lease, all capital costs, expenses incurred for capital improvements, equipment, painting, decorating, partitioning and other items to satisfy the initial construction obligations of the landlord under such Lease (including any expenses incurred for architectural or engineering services in respect of the foregoing), “tenant allowances” in lieu of or as reimbursements for the foregoing items, payments made for purposes of satisfying or terminating the obligations of the tenant under such Lease to the landlord under another lease (i.e., lease buyout costs), relocation costs, temporary leasing costs, leasing commissions, brokerage commissions, legal, design and other professional fees and costs, in each case, to the extent the landlord is responsible for the payment of such cost or expense under the relevant Lease or any other agreement relating to such Lease.

  • Begin actual construction means, in general, initiation of physical on-site construction activities on an emissions unit which are of a permanent nature. Such activities include, but are not limited to, installation of building supports and foundations, laying of underground pipework, and construction of permanent storage structures. With respect to a change in method of operation, this term refers to those on-site activities, other than preparatory activities, which mark the initiation of the change.

  • Commenced Construction means (a) all of the following site preparation work is completed: ingress and egress routes exist; the site on which the project will be located is cleared and graded; there is power service to the site; footings are prepared; and foundations have been poured consistent with purchased equipment specifications and project design; or (b) the following financial commitments have been made: (i) (A) an engineering, procurement, and construction contract (“EPC”) has been executed by all parties and is effective; or (B) contracts (collectively, “EPC Equivalents”) for all of the following have been executed by all parties and is effective: (1) project engineering, (2) procurement of all major equipment, and (3) construction of the project, and (ii) the cumulative payments made by the developer under the EPC or EPC Equivalents to the counterparties to those respective agreements is equal to at least thirty (30) percent of the total costs of the EPC or EPC Equivalents.

  • construction site means a workplace where construction work is being performed;