Project construction costs definition

Project construction costs means the cost of the following items that have a completion date within 12 months before or after the completion date of the project described in item (g), clause (1):
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Project construction costs. All Project Costs excluding:
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Project construction costs means the cost of the facility capital asset additions, replacements, renovations, or remodeling projects, construction site preparation costs, and related soft costs. Project construction costs include the cost of any remodeling or renovation of existing facility space which is modified as a result of the construction project. Project construction costs also includes the cost of new technology implemented as part of the construction project. Project construction costs also include the cost of new technology implemented as part of the construction project and depreciable equipment directly identified to the project. Any new technology and depreciable equipment included in the project construction costs shall, at the written election of the facility, be included in the facility’s appraised value for purposes of Minnesota Rules, part 9549.0020, subpart 5, and debt incurred for its purchase shall be included as allowable debt for purposes of Minnesota Rules, part 9549.0060, subpart 5, items A and C. Any new technology and depreciable equipment included in the project construction costs that the facility elects not to include in its appraised value and allowable debt shall be treated as provided in section 256B.431, subdivision 17, paragraph (b). Written election under this paragraph must be included in the facility’s request for the rate change related to the project, and this election may not be changed.
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Examples of Project construction costs in a sentence

  • If the local government plans to seek reimbursement for any Project construction costs, a "Declaration of Official Intent"(i.e. Resolution) must be adopted.

  • Provide OWNER with proposed final construction drawings and detailed opinions of probable total Project construction costs in writing for OWNER' s review, prior to completion of the final Contract Documents, so that any changes that may be necessary in accordance with Project' s budgetary schedule can be made prior to bid.

  • Developer is responsible for paying Project construction costs of all applicable permit fees and licenses which have not been lawfully waived to the City and all governmental agencies.

  • Such assignments of purchaser's deposits as the Lender and its solicitor's may reasonably require provided, the Borrower shall be permitted to inject the deposit funds into the Project in respect of direct Project construction costs.

  • Engineer does not guarantee that proposals, bids, or actual Project construction costs will not vary from Engineer's cost estimates or that actual construction schedules will not vary from Engineer's projected schedules.

  • Based on the information contained in the Plans and Specifications, Consultant shall submit, at 90% completion of this Phase, a revised opinion and detailed estimate of Project construction costs, with phasing and scheduling recommendations, coordinated with the Schedule.

  • A minimum of 75% of Project construction costs shall be supported by binding fixed price material supply and construction contracts satisfactory in all respects to the Lender.

  • Provide OWNER with proposed final construction drawings and detailed opinions of probable total Project construction costs in writing for OWNER's review, prior to completion of the final Contract Documents, so that any changes that may be necessary in accordance with Project's budgetary schedule can be made prior to bid.

  • Submit in writing the itemized estimate of the Project construction costs with each final design review.

  • The OWNER agrees to set aside a reserve in the amount of 10 percent of the Project construction costs as a contingency to be used, as required, to pay for any such increased costs and changes.


More Definitions of Project construction costs

Project construction costs means the hard costs, soft costs, public infrastructure costs, permit costs, impact fees, developer fees and other fees and reserves required to develop the Project.
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Project construction costs means the aggregate of all costs of constructing the Project, save and except Watermain and Sanitary Sewer Related Costs (as defined herein), Asphalt Surface Trail Costs (as defined herein), including labour and materials, incurred by the County and paid to third party contractors in connection with the Projects,
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Project construction costs shall have the meaning as defined in Article I.D. of the Master Agreement, and for the purpose of this PPA, also shall include the Government’s costs of vegetation management that the Parties agree in writing are necessary and appropriate during the period of construction to achieve the authorized CERP Project purposes and benefits and the costs to construct the recreation features of the authorized CERP Project.
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Related to Project construction costs

  • Direct Construction Cost shall have the meaning set forth in Article 11.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Estimated Construction Cost or “ECC” means the amount calculated by Contractor for the total cost of all elements of the Work based on this Agreement available at the time(s) that the ECC is prepared. The ECC shall be based on current market rates with reasonable allowance for overhead, profit and price escalation and shall include and consider, without limitation, all alternates and contingencies, designed and specified by A/E and the cost of labor and materials necessary for installation of Owner furnished equipment. The ECC shall include all the cost elements included in the AACC, as defined above, and shall represent Contractor’s best current estimate of the Guaranteed Maximum Price it will propose for the Project based on the information then available. The ECC shall not include Contractor’s Pre-Construction Phase Fee, A/E’s Fees, the cost of the land and rights-of-way, or any other costs that are the direct responsibility of Owner.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.