BBI Construction Contract definition

BBI Construction Contract means the contract between Landlord and Contractor for the construction and installation of the Base Building Improvements, which contract shall be subject to Tenant’s prior written consent (such consent not to be unreasonably withheld or delayed). It is anticipated that the BBI Construction Contract will be in the form of a Cost of the Work Plus a Fee with a Guaranteed Maximum Price.
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Examples of BBI Construction Contract in a sentence

  • The BBI Construction Contract and the TI Construction Contract shall provide for binding arbitration of all disputes arising from the audit.

  • The BBI Construction Contract shall also include such liquidated damages penalties as Landlord and Tenant agree upon for failure to Substantially Complete the Base Building Improvements by the Anticipated BBI Completion Date.

  • The BBI Construction Contract and the TI Construction Contract shall also provide that Landlord and Tenant shall have a right, within a reasonable period of time following Substantial Completion of the Tenant’s Improvements, to conduct an audit of the books and records of Contractor to confirm the costs actually incurred with respect to the construction of the Base Building Improvements and the Tenant’s Improvements and similar matters under BBI Construction Contract and the TI Construction Contract.

Related to BBI Construction Contract

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • 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 Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • 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.

  • 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.