Independent Quantity Surveyor definition

Independent Quantity Surveyor means the independent quantity surveyor nominated under clause 17 suitably qualified and experienced to carry out the quantity surveying work and having no current involvement with the project management, design and/or superintendency of the Work on behalf of the Developer.
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Independent Quantity Surveyor means an independent quantity surveyor or firm of quantity surveyors experienced in matters similar to those to be referred for determination, acting as an expert not an arbitrator, such surveyor to be (i) agreed on by the Purchaser and the Sellers (or failing agreement, and on reference by either party, as appointed by the President of the Royal Institute of Chartered Surveyors) and (ii) appointed jointly by the Purchaser and the Sellers on terms satisfactory to each of them (acting reasonably);
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Examples of Independent Quantity Surveyor in a sentence

  • The decision of the Independent Quantity Surveyor shall be final (save in the case of manifest unreasonableness).

  • The costs of the Independent Quantity Surveyor shall be borne equally by ▇▇▇▇▇▇ Metals Group Limited and the Company.

  • All written and verbal communication with the Independent Quantity Surveyor shall include both parties.

Related to Independent Quantity Surveyor

  • Quantity Surveyor means a duly qualified quantity surveyor of at least five (5) year’s experience in the assessment of building material and construction costs. Quantity Surveyor Assessment means an assessment by an independent Quantity Surveyor of the Construction Cost to the reasonable satisfaction of the Council. Regulation means the Environmental Planning and Assessment Regulation, 2000 (as amended).

  • Independent Engineering Report means a report, in form and substance satisfactory to the Administrative Agent and each of the Lenders, prepared by an Independent Engineer, addressed to the Administrative Agent and the Lenders with respect to the Oil and Gas Properties owned by the Borrower or its Subsidiaries (or to be acquired by the Borrower or any of its Subsidiaries, as applicable) which are or are to be included in the Borrowing Base, which report shall (a) specify the location, quantity, and type of the estimated Proven Reserves attributable to such Oil and Gas Properties, (b) contain a projection of the rate of production of such Oil and Gas Properties, (c) contain an estimate of the net operating revenues to be derived from the production and sale of Hydrocarbons from such Proven Reserves based on product price and cost escalation assumptions specified by the Administrative Agent and the Lenders, and (d) contain such other information as is customarily obtained from and provided in such reports or is otherwise reasonably requested by the Administrative Agent or any Lender.

  • Independent Engineer means an agency/ company, appointed by Nodal Agency in accordance with the Guidelines for Encouraging Competition in Development of Transmission Projects.

  • Approved Valuation Firm means each of Duff & ▇▇▇▇▇▇ Corp., FTI Consulting, Inc., ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Lincoln International LLC, ▇▇▇▇▇▇ ▇▇▇▇▇▇, Valuation Research Corp., and any other nationally recognized accounting firm or valuation firm approved by the Administrative Agent and the Borrower, each in its reasonable discretion.

  • Peer support specialist means an individual who has experienced a severe and persistent mental illness and who has successfully completed standardized training to provide peer support services through the medical assistance program or the Iowa Behavioral Health Care Plan.