Total Construction Budget definition

Total Construction Budget. The construction budget (i.e., excluding soft costs) for the Project is: $10,000,000.00
Total Construction Budget means, in respect of a particular Phase Project, the sum of (i) the Xxxxxxx XXX costs for all years, (ii) the pipeline construction costs subtotal for all years excluding net pipeline pre-completion (revenues)/cost, and (iii) if approved by the Partnership’s limited partners, the upstream acquisition and upstream drilling capex for all years, in each case for such Phase Project, as each such subtotal is set forth in the applicable “Initial Three Plant Capex Budget” included in Exhibit A to the General Partner LLC Agreement (in the case of Total Construction Budget in respect of the Phase 1 Project) or as each such subtotal is set forth in the applicable initial capex budget established in connection with a Phase Project FID Date for a Subsequent Phase Project (in the case of Total Construction Budget in respect of such Subsequent Phase Project).

Examples of Total Construction Budget in a sentence

  • CONSULTANT shall prepare an estimate of the Total Construction Budget including contingencies that will be defined as the Preliminary Design Budget.

  • The Total Construction Budget excluding contingencies for this project will be set by the Service Authority, as the Design Budget, at the conclusion of the 60% design and submission of the corresponding consultant’s cost estimate.

  • Specifically, as far as land acquisition within the city of Anshan is concerned, the implementing entity was required to apply to all the relevant agencies of the municipal government (Land and Resources Bureau, Planning Bureau, Urban Construction Commission and Public Security Bureau) for their approval and support to the implementation of land acquisition.

  • The Total Construction Budget excluding contingencies for this project will be set by the SERVICE AUTHORITY, as the Design Budget, at the conclusion of the 30% design and submission of the corresponding CONSULTANT’s cost estimate.

  • If the Total Construction Budget, as finally computed and communicated to the Architect at the end of the Schematic Design Phase is different from one of the options shown here, all associated fees beyond that Phase shall be computed as a direct ratio within the following schedule and associated phase fees shall be recalculated accordingly.

  • The Total Construction Budget excluding contingencies for this project will be set by the SERVICE AUTHORITY, as the Design Budget, at the conclusion of the 60% design and submission of the corresponding CONSULTANT’s cost estimate.

  • Proposals will be evaluated for their compliance with proposed Total Construction Budget, Program Statement requirements, Design Scope Specification, and the Proposed Construction Schedule, as stated within this document and the Design Scope Specifications.

  • The above Total Construction Budget Cost includes Design-Builder Construction Fees, A/E Design Fees, Building Permit, General Conditions, Administration, Personnel, Bonding, Insurance Costs and Subcontractor Cost of the Work.

  • Approved the final Total Construction Budget and, if no claims are filed within 35 days after recordation of the (NOC), authorized the City Manager to exonerate the payment/performance bonds and release the 5% retention payment to Williams Pipeline Inc., Lucas Builders Inc., and Dominguez General Engineering Inc.

  • Section Seven: Analysis of impact on the Total Construction Budget and Project Schedule.

Related to Total Construction Budget

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Original construction ’ shall mean the first or initial construction

  • 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.

  • Residential construction means construction on single-family or two-family dwellings occupied or used, or intended to be occupied or used, primarily for residential purposes, and includes real property pursuant to chapter 499B.

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Building construction means any physical activity on the site involved in the erection of a structure, cladding, external finish, formwork, fixture, fitting of service installation and the unloading of plant, machinery, materials or the like.

  • Construction Schedule means a construction schedule indicating the planned start and completion dates of the major activities of the Work as set out in Appendix [ ], a future Appendix;

  • 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 Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • The constructional plant means all appliances, tools, plants or machinery or whatsoever nature required in or about the execution, completion or maintenance of the works but does not include materials or other things intended to form part of the permanent work.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Begin actual construction means, in general, initiation of physical on-site construction activities on an emissions unit which are of a permanent nature. Such activities include, but are not limited to, installation of building supports and foundations, laying of underground pipework, and construction of permanent storage structures. With respect to a change in method of operation, this term refers to those on-site activities, other than preparatory activities, which mark the initiation of the change.

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Pre-Construction Phase Services means the participation, documentation and execution of Contractor’s Pre-Construction Phase deliverables as required by this Agreement and further defined in Article 5.

  • Project area budget means a multiyear projection of annual or cumulative

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • construction site means a workplace where construction work is being performed;

  • Construction Completion Certificate means a document:

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Completion of Construction means the date, as determined by the Division after consultation with the Recipient, that the work of building and erection of the Project is substantially complete.