Examples of Cost of Construction in a sentence
If only an additional structure is destroyed, We will pay You an amount equal to the Cost of Construction of the additional structure.
The Sum Insured for the Home Building Cover is the prevailing Cost of Construction of Your Home Building at the Commencement Date as declared by You and accepted by Us and will be the maximum amount payable in the event the Home Building is a Total Loss.
If the Main Extension will serve more than one location, the Company will calculate the sum of the Estimated Annual Margin from all metered services and the sum of the Estimated Cost of Construction for the Main Extension and all Service Extensions to determine whether any payment will be required from the customers to be served.
For residential structure of Your Home including Fittings and Fixtures:Carpet Area of the structure in square metres X Rate of Cost of Construction at the Commencement Date.
Residential Service and Main Extensions will be installed at no charge to the customer provided that the Estimated Annual Margin is at least one-eighth of the Estimated Cost of Construction of the Service and Main Extensions.