Budget contingencies definition

Budget contingencies means contingencies established by a public body outside of the design-build or general contractor/construction manager contract for payment of project costs that are not the responsibility of the design-builder or general contractor/construction manager under the respective contract.
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Budget contingencies means contingencies established by a
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Budget contingencies means the contingency established by a public body outside of the total contract cost for payment of project costs that are not the responsibility of the general contractor/construction manager under the contract.
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Examples of Budget contingencies in a sentence

  • The PPC will include the Owner’s Construction Budget, contingencies for changes in the Work during construction, and other costs that are the responsibility of the Owner.


More Definitions of Budget contingencies

Budget contingencies means contingencies estab- lished by a public body outside of the design-build or general contractor/construction manager contract for payment of project costs that are not the responsibility of the design-
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Related to Budget contingencies

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each and clearly allocate requested grant funding and match contributions to each.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Graduate medical education and disproportionate share fund or “GME/DSH fund” means a reimbursement fund developed as an adjunct reimbursement methodology to directly reimburse qualifying hospitals for the direct and indirect costs associated with the operation of graduate medical education programs and the costs associated with the treatment of a disproportionate share of poor, indigent, nonreimbursed or nominally reimbursed patients for inpatient services.

  • Approved Budget means an annual budget-