Direct Construction Cost definition
Direct Construction Cost shall have the meaning set forth in Article 11.
Direct Construction Cost means the sum of the amounts that the Construction Manager actually and necessarily incurs for General Conditions Costs, Cost of the Work and Construction Manager’s Contingency during the Construction Phase as allowed by this Agreement. Direct Construction Cost does not include Pre-Construction Phase Fees or Construction Phase Fees.
Direct Construction Cost means the cost to the Owner of all divisions of construction, including portable equipment only if designed or specified by the Architect for inclusion in the construction specifications.
Examples of Direct Construction Cost in a sentence
Unless waived in writing, for good cause, by the CITY, the CONTRACTOR must obtain competitive pricing, in compliance with the requirements of this Article 11, for One Hundred Percent (100%) of the CONTRACTOR’s Direct Construction Cost required under this Contract.
Unless waived in writing for good cause, by the CITY, the CMAR must obtain competitive pricing and subcontracts, in compliance with the requirements of this Article, for One Hundred Percent (100%) of the ▇▇▇▇’▇ Direct Construction Cost required under this Contract.
More Definitions of Direct Construction Cost
Direct Construction Cost means the sum of the amounts that Construction Manager actually and necessarily incurs for General Conditions Costs, Cost of the Work, and Construction Manager’s Contingency during the Construction Phase as allowed by this Contract. Direct Construction Costs does not include Pre-Construction Phase Fees or Construction Phase Fees.
Direct Construction Cost means the sum of the amounts that Construction Manager actually and necessarily incurs for General Requirements, General Conditions, and Cost of Work during the construction as allowed by this Agreement. Direct Construction Cost does not include Preconstruction Services fees or Construction Services fees.
Direct Construction Cost means the cost to the Owner of all divisions of construction, including portable equipment only if designed or specified by the Commissioning Agent for inclusion in the Construction Documents.
Direct Construction Cost is the sum of all applicable Construction General Conditions costs, Subcontractor costs, costs of self-performed work (if approved in writing in advance by Owner), Allowances and Contingencies.
Direct Construction Cost means the Cost of the Work plus the general conditions costs, but with no fee added.
Direct Construction Cost means the cost to Owner of all divisions of construction, including portable equipment only if designed or specified by Architect for inclusion in the construction specifications. The Direct Construction Cost will not exceed the Guaranteed Maximum Price (the "GMP") established for the Project.
Direct Construction Cost means the sum of the amounts that the Construction Manager actually and necessarily incurs for General