Construction Cost Limitation. (CCL) means the maximum monetary amount payable to the Construction Manager for all Construction Phase services, materials, labor and other work required for completion of the Work in accordance with the Contract Documents. The CCL includes, without limitation, the General Conditions Costs, the Cost of the Work, the Construction Phase Fee and the Construction Manager’s Contingency. The CCL may be adjusted by the parties for changes in the scope of the Project before or after acceptance of the Guaranteed Maximum Price Proposal. The CCL does not include the Construction Manager’s Pre-Construction Phase Fee, or Owner’s Construction Contingency or Owner’s Special Cash Allowance.
Construction Cost Limitation. (“CCL”) means the maximum monetary amount payable to Construction Manager for all Construction Phase Services, materials, labor, and other work required for completion of the Work in accordance with the Contract Documents. The CCL includes, without limitation, the General Conditions Costs, the Cost of the Work, the Construction Phase Fee, and Construction Manager’s Contingency. The CCL may be adjusted by the Parties for changes in the scope of the Project before or after acceptance of the GMP
Construction Cost Limitation or “CCL” means the maximum monetary amount payable to the Design/Build Contractor for all Construction Phase services, materials, labor and other work required for completion of the Work in accordance with the Contract Documents. The CCL includes, without limitation, the General Conditions Costs, the Cost of the Work, the Construction Phase Fee and the Design/Build Contractor’s Contingency. The CCL may be adjusted by the parties for changes in the scope of the Project before or after acceptance of the Guaranteed Maximum Price Proposal. The CCL does not include the Design/Build Contractor’s Pre-Construction Phase Fee, or Owner’s Construction Contingency or Owner’s Special Cash Allowance.
Examples of Construction Cost Limitation in a sentence
In these circumstances, each stage of the Project may have a unique schedule for completion and a separate specific Construction Cost Limitation as agreed to in writing by the CM and Owner.
The anticipated Construction Cost Limitation (“CCL”) for the Project on the Effective Date is Dollars ($00).
The Construction Cost Limitation included in the original PPC will serve as the initial target for Project design and development and for the GMP.
The PPC will include the Construction Cost Limitation, contingencies for changes in the Work during construction, and other costs that are the responsibility of the Owner.
Upon execution of this Agreement, Construction Manager shall provide a security bond on the form provided by the Owner in the amount of five percent (5%) of the Construction Cost Limitation.
More Definitions of Construction Cost Limitation
Construction Cost Limitation. (“CCL”) means the maximum monetary amount payable to Design-build Firm for all Construction Services, materials, labor and other work required for completion of the Work in accordance with the Contract Documents. The CCL includes, without limitation, the General Conditions Costs, the Cost of the Work, the Construction Services Fee and Owner approved Contingencies. The CCL may be adjusted by the
Construction Cost Limitation means the maximum amount of funding that has been authorized by and is available to Owner to pay for the construction of the Project, exclusive of: (i) furniture, fixtures and other equipment (FFE); (ii) the Owner’s contingency; and (iii) all design and commissioning fees.
Construction Cost Limitation. , or CCL, means the Owner’s established upper cost limit, or construction budget, for the Project. CCL includes, without limitation, all costs for construction administration, general conditions, cost of work, contingency, and Pre-Construction Phase fees and Construction Phase fees for the Construction Manager at Risk and all of his vendors, suppliers, and subcontractors. The CCL also includes all construction contingencies. The CCL serves as the Construction Manager at Risk’s initial Guaranteed Maximum Price (GMP) for the Project. The CCL may be adjusted by the parties for changes in the scope of the Project before or after acceptance of the Guaranteed Maximum Price Proposal. The CCL does not include Owner’s Construction Contingency. The Construction Manager at Risk is obligated to meet all contract conditions while constructing the project within the CCL.
Construction Cost Limitation means the maximum amount of funding that has been authorized by and is available to Owner to pay Construction Manager for the Services and the Work; the sum of the Preconstruction Services Fee, the Guaranteed Maximum Prices (including the Construction Management Fees therein) and all Change Orders to be approved for all of the Work may not exceed the Construction Cost Limitation, as may be amended by the Owner in accordance with Section II.3.
Construction Cost Limitation. (CCL) means the maximum monetary amount payable to the Construction Manager for all Construction Phase services, materials, labor and other work required for completion of the Work in accordance with the Contract Documents. The CCL includes, without limitation, the General Conditions Costs, the Cost of the Work, the Construction Phase Fee and any Construction Manager’s contingency. The CCL may be adjusted by the parties for changes in the scope of the Project before or after acceptance of the Guaranteed Maximum Price Proposal. The CCL does not include the Construction Manager’s Pre-Construction Phase Fee, or any City contingencies or special cash allowance.
Construction Cost Limitation. (“CCL”) means the maximum monetary amount payable to the Design/Build Contractor for all Construction Phase services, materials, labor and other work required for completion of the Work in accordance with the Contract Documents. The CCL includes, without limitation, the General Conditions Costs, the Cost of the Work, the Construction Phase Fee and the Design/Build Contractor’s Contingency. The CCL may be adjusted by the parties for changes in the scope of the Project before or after acceptance of the Guaranteed Maximum Price Proposal. The CCL does not include the Pre-Construction Phase Fee, Design Services Fee, Construction Administration Fee, or Owner’s Special Cash Allowance.
Construction Cost Limitation. (hereinafter referred to as the “CCL”) means the maximum monetary amount payable to the Construction Manager for all Pre-Construction Phase and Construction Phase services, materials, labor, and other work required for completion of the Work in accordance with the Contract Documents. The CCL includes, without limitation, the General Conditions Costs, the Cost of the Work, the Pre-Construction Phase Fee, Construction Phase Fee, and the Construction Manager’s Contingency. The CCL may be adjusted by the parties by separate written agreement for changes in the scope of the Project before or after acceptance of the Guaranteed Maximum Price Proposal. The CCL does not include Owner’s Construction Contingency or Owner’s Special Cash Allowance, if any. DRAFT