Construction Cost Cap Amount definition
Construction Cost Cap Amount means Indexed Bid Construction Costs multiplied by 1.30.
Construction Cost Cap Amount means the sum of (i) the Adjusted Construction Cost Amount, as determined in accordance with Section
Construction Cost Cap Amount means the product of (i) $146 million times (ii) a fraction, the numerator of which is the Escalation Index Number published for the first January 1 or July 1 following the earlier of (A) the date on which a notice to proceed letter is issued by the Designated Entity to its construction contractor indicating the date on which the construction contractor can begin project work; or (B) December 1, 2018, and the denominator of which is the Escalation Index Number for July 1, 2014.