Cost of Works definition

Cost of Works means the fair estimate amount or value of the works at the onset inclusive of value added tax and all applicable taxes, as certified or which would, normally, be certifiable for payment to contractors (irrespective of who actually carries out the works) in respect of the works designed, specified or administered by the professional engineer, before deduction of liquidated damages or penalties, including—

Cost of Works means the cost incurred by the Government for the Works as particularly specified under the Schedules of this Agreement (Part B -Schedule of Fees);

Cost of Works means necessary costs for designing, engineering, surveying, and construction of a water project.

Examples of Cost of Works in a sentence

• Rajat Setia, Faculty of Engineering seeking approval to purchase the following items out of Non-Govt.

• All claims in favour of the Contractor as per Arbitration Award, other than those attributable to gross negligence of the Executing Agency, will be chargeable to Cost of Works.

• There has been a delay of over 90 days between the substantial completion of design/contract stage and closing date of tender and an adjustment factor of say 0.95 to the Net Cost of Works for calculation of the Design Stage Fee is obtained from the standard Adjustment Clause.

• It is also recommended that the authority to execute fee deferral agreements be delegated to the Treasurer and Commissioner of Development Services.Staff is also recommending that the fee for Residential Infill Grading and Servicing (RIGS) be amended to reflect the 2020 annual increase from 26% of the Total Cost of Works to 28.6% of the Total Cost of Works.

• If this occurs, a 25% collection charge will be added to your bill.

More Definitions of Cost of Works

Cost of Works means the cost to the client of the works however incurred including-

Cost of Works means all costs, charges and expenses as estimated by the Authority, and which the Authority may have to incur on, or in connection with, execution of the works, and includes, any other charges or fees as may be prescribed; and also includes all expenses which, may be incurred by the Authority in recovery thereof;

Cost of Works means the fixed amount of EUR 800,000 (nine hundred thousand euro) agreed between Seller and Purchaser, as the full and final amount of any and all costs and expenses associated with works required in order to (i) cure any and all defects, damages, etc. in each of Real Estate Properties which will unless cured affect the value of Real Estate Properties, (ii) comply with administrative or regulatory requirements applicable to the Real Estate Properties, (iii) complete all outstanding works pointed out in the reports drawn up by administrative authorities and pertaining to the Real Estate Properties, (iv) without derogating from the aforementioned repair the roof of the Radisson which has been damaged on or about 31st March 2015, and (v) carry out any and all forecasted capital expenditure and FF&E that have not been invested in the Real Estate Properties as of the Closing Date. Data Room : means the virtual data room organized by the Seller, to which the Purchaser and its professional advisors had access from 24 February 2015 until 5 May 2015;

Cost of Works means costs ascertained in accordance with the definition contained in the Schedule hereto;

Cost of Works for the purpose of calculating the fees shall mean the total payment made by the Government to the Contractor , in respect for the following

Cost of Works means the cost of repair works payable by the Customer in addition to the Price.

Cost of Works means the cost incurred by the Client for the Works as particularly specified under the Schedules of this Agreement (Part B - Schedule of Fees)