Under Construction definition

Under Construction means construction from the foundation, or any alterations, additions or repairs to the dwelling which result in the piercing of an exterior wall or the roof for more than twenty-four (24) hours, or which necessitates your temporary relocation.

Under Construction means any construction from the foundation, or alteration or repairs to the dwelling which results in piercing of an exterior wall, below grade or above, or roof for more than 24 hours, or which necessitates “Your” temporary relocation.

Under Construction as used in this section, means that actual work shall have been performed on the construction site and shall not be construed to mean that the hospital, home, nursery, institution, sanitarium, or a portion thereof, is in the planning stage.

Examples of Under Construction in a sentence

• Cost of money under CAS 417, Cost of Money as an Element of the Cost of Capital Assets Under Construction (48 CFR 9904.417), should not be used to reduce the overall prenegotiation profit objective.

• Building elevations are based on: Construction Drawings* Building Under Construction* Finished Construction*A new Elevation Certificate will be required when construction of the building is complete.C2.

• When a contract with a non-Federal entity is subject to full CAS coverage, the al- lowability of certain costs under the cost principles will be affected by the allocation provisions of the Cost Ac- counting Standards (e.g., CAS 414—48 CFR 9904.414, Cost of Money as an Ele- ment of the Cost of Facilities Capital, and CAS 417—48 CFR 9904.417, Cost of Money as an Element of the Cost of Capital Assets Under Construction), apply rather the allowability provi- sions of § 200.449 Interest.

• During construction, meet or exceed the recommended design approaches of the Sheet Metal and Air Conditioning National Contractors Association (SMACNA) IAQ Guideline for Occupied Buildings Under Construction, 1995, Chapter 3.

• Investment Properties (Under Construction) are carried at fair value.

More Definitions of Under Construction

Under Construction means any conversions, renovations, extensions or structural work where the estimated cost of such work is more than $100,000.

Under Construction means, with respect to a Real Property Asset, that construction of improvements has begun (as evidenced by foundation excavation) on such Real Property Asset but has not yet been completed (as such completion shall be evidenced by the issuance of a certificate of occupancy or its equivalent after completion of all budgeted amenities).

Under Construction means any work resulting in any improvement, extension or addition to the dwelling when the work involves the piercing of an exterior wall or the roof for more than 24 hours.

Under Construction means new construction for any building component is underway.

Under Construction means construction from the foundation or any alterations, additions or repairs to the dwelling or outbuildings of $10,000 or more.

Under Construction means a work or works of community water supply and community sewerage systems where actual work is progressing or where a notice to proceed with a contract for this work has been let as of the adoption of the plan, its amendment or revision.

Under Construction means a sustained effort reflected by construction activity likely to result in the completion of access improvements in a timely manner.