Construction Value definition

Construction Value means the value prescribed by the Chief Building Official to represent the total value of all work, services, and materials associated with the construction for which a permit is applied;

Construction Value means the value of the improvement on the eligible development as determined by a certificate from the Property Owner’s design professional, in form and content satisfactory to the City’s General Manager of Planning and Development;

Construction Value means the value of the proposed construction as determined by the Chief Building Official, whose determination of the value shall be final. Where there is no prescribed construction value the CBO will determine building permit fee based on required time.

Examples of Construction Value in a sentence

• COMMERCIAL PROJECTS Construction Value of Project $□ New Applications for New construction must have prior Planning Division approval.

• REVISED 12/2023 PROJECT ADDRESS SUBDIVISION/BUSINESS PARK LOT# RESIDENTIAL PROJECTS Construction Value of Project $□ New □ Addition □ Remodel □ Mec/Plu/Ele Alteration □ Deck □ Re-roof □ Basement Finish□ Site Development □ Land Disturbance □ Footing/Foundation Only □ Swimming Pool/Hot Tub ( Sq. ft)□ Fence / Retaining Wall ( Lineal feet)□ Other Basement (Unfinished)Sq. ft.1st FloorSq. ft.Covered Porch/SunroomSq. ft.Basement (Finished)Sq. ft.2nd FloorSq. ft.CanopySq. ft.GarageSq. ft.Deck(s)Sq. ft.

• The joint venture earned recognition in the Water/Wastewater/Utility: Construction Value Greater than S50 Million category.

• Cost, Construction Cost or Construction Value means the International Code Council (ICC) square footage cost based on the latest edition of the ICC Valuation Data and the costs determined in a complete and accurate Substantial Damage/Improvement Package, whichever is greater, unless otherwise required by the POD.

More Definitions of Construction Value

Construction Value or “project value” means the total costs to the owner for the building construction in its completed form and includes the cost of design, all building work, materials of construction, building systems, and labour and profit of the contractor and subcontractors, but does not include the cost of non-fixed furnishings or non-fixed equipment.

Construction Value means the value of construction provided by the builder or his agent or a construction valuation calculation accepted as an equivalent by the Building Inspector.

Construction Value means the value of the improvements on the eligible property as determined by the Director of Development Services;

Construction Value means the total cost of a proposed building or structure as indicated on the respective Building Permit;

Construction Value means the estimated value of construction, acceptable to the Building Inspector and using the methodology for determining the value of construction on a building permit, and, if required by the Building Inspector, must be determined by an estimate prepared by the Owner’s architect or engineer. To the extent necessary, the Building Inspector may divide the Construction Value into separate components representing new construction, renovations and additions, as well as industrial, commercial and residential building components.

Construction Value means the fair market value of the work proposed to be undertaken, including materials and labour (construction costs), but excluding land, financing or marketing costs.

Construction Value means a value representative of the total costs for all work, services and material associated with the construction for which a permit is applied;