Examples of Direct Construction Cost in a sentence
Direct Construction Cost includes only the cost categories set forth in this Article and does not include the Pre-Construction Phase Fees or the Construction Phase Fees unless specifically noted.
Direct Construction Cost means the sum of the amounts that the CM actually and necessarily incurs constructing the Work in compliance with the Contract Documents.
That portion of those costs of a subcontractor default insurance program (including premium costs) and cost associated with payment and performance bonds obtained from Subcontractors (including premium costs) that are not reimbursable as Direct Construction Cost under Article 13 above or the Special Conditions shall be included in the Construction Phase Fee.
Direct Construction Cost means the sum of the amounts that Contractor actually and necessarily incurs constructing the Project in strict compliance with the Construction Documents.
References in the UGC to adjustments in “cost” or “costs” mean the Direct Construction Cost.
References in the UGSC to adjustments in “cost” or “costs” mean the Direct Construction Cost.
Per SF $155.85 $149.98 $178.35 Direct Construction Cost SF $65.67 $64.00 $71.17 INCOME SUMMARY BY PRODUCT AVERAGE PER HOME UNIT COST OF SALES TRIPLEX DUEPLEX SINGLE FAMILY Pre Acq.
In order to be reimbursed as Direct Construction Cost, such bonds must name the Owner, the respective Component, and the CM as obligees, and comply with the applicable provisions of the Contract Documents, including but not limited to Article 5 of the TSUS UGC.
Any and all costs not specifically identified as an element of the Direct Construction Cost.
Notwithstanding the terms of Paragraph 13.1.7 of the Agreement, CM shall be entitled to reimbursement, as Direct Construction Cost (General Conditions Costs), the actual premium costs for performance and payment bonds furnished by Subcontractors whose subcontract amounts exceed Five Hundred Dollars ($500,000), or as otherwise approved in advance by the Owner in writing, in its sole discretion.