Construction Contract Price definition
Examples of Construction Contract Price in a sentence
A written order issued by Engineer which requires minor changes in the Work but does not change the Construction Contract Price or the Construction Contract Times.
A document which is signed by Contractor and Owner and authorizes an addition, deletion, or revision in the Work or an adjustment in the Construction Contract Price or the Construction Contract Times, or other revision to the Construction Contract, issued on or after the effective date of the Construction Contract.
The Design Professional shall make recommendations to the District for issuing Change Orders (including specific adjustments of the Construction Contract Price and the Construction Contract Time) on account of Change Order Requests, Change Proposals, Construction Change Directives or other actual or potential Changes to the Work.
The Construction Contract Price is the Contract Price due from the District to a Contractor awarded a Construction Contract for the Project.
The Design Professional shall prepare such Orders with supporting documentation and data for the District's approval and execution in accordance with the Construction Documents, and may authorize minor changes in the Work not involving an adjustment in the Construction Contract Price or an extension of the Construction Contract Time and which are not inconsistent with the intent of the Construction Documents.
A document which is signed by a Contractor and PCCA and authorizes an addition, deletion, or revision in the Work or an adjustment in the Construction Contract Price or the Construction Contract Times, or other revision to the Construction Contract, issued on or after the effective date of the Construction Contract.
Each of the Indemnified Persons or other persons who are beneficiaries under the D&O Insurance or the “tail” policy referred to in Section 5.9(c) (and their heirs and representatives) are intended to be third-party beneficiaries of this Section 5.9, with full rights of enforcement as if a party thereto.
Cost includes those costs typically included in the Construction Contract Price and shall include the total cost or estimated cost to the District for construction of all elements of a Project as designed or specified by the Design Professional.
However, if the Lessee Construction Contract Price is less than $100,000 then no performance bond will be required; and if the Lessee Construction Contract Price is less than $25,000 a Payment Bond will not be required.
In the event a contract amendment increases the Lessee Construction Contract Price to an amount in excess of $100,000, then a performance bond, meeting the requirements set forth above, will be required from that point forward; In the event a contract amendment increases the Lessee Construction Contract Price to an amount in excess of $25,000, then a payment bond, meeting the requirements set forth above, will be required from that point forward.