construction budget

construction budget

1.The sum established by the owner as available for construction of the project.
2. The stipulated highest acceptable bid price or, in the case of a project involving multiple construction contracts, the stipulated aggregate total of the highest acceptable bid prices.
References in periodicals archive ?
Internal funds should cover approximately three-quarters of the construction budget.
Harris also noted that "Building Product Manufacturers with listed products also stand to gain a greater share of the over $9B of the DoD, military agencies, and NASA construction budget.
Aztec helped define the tenant improvements allowance and managed the construction budget through a number of Kenneth Cole operational changes.
The construction budget is driven by transmission and distribution investment.
INDIANAPOLIS -- In a move that could send the state's roads and bridges into a serious state of disrepair, the Indiana House of Representatives appears ready to pass a budget bill (HB 1001) that would allow the state construction budget to drop to its lowest level in over a decade, according to Build Indiana Council.
The company has increased its construction budget by $110 million for 1993 and 1994, reflecting the three-year Brunswick Improvement Plan.
As the creation of the new Saint John's began to take shape in the quake's aftermath, hospital officials devoted a substantial portion of their construction budget to a state-of-the-art structural system which would allow the health center to remain operational and self-supportive, even after another major earthquake.
Design abs security professionals need to understand the specific needs for each project -- taking into account the general and special uses; height and footprint requirements; market for tenants; likelihood that the building will be viewed as a "higher than normal" target for terrorists; percentage of the construction budget allocated for upgrades and special protection measures; investment credits that may be permitted in special circumstances; and additional insurance costs that will undoubtedly be incurred for owners that do not incorporate the newly established minimum standard safety and security provisions that lenders, insurers and tenants will demand.
In making the development decision, the Cigar Lake joint venture approved a construction budget of about $450 million (Cameco's share is $225 million) that includes surface and underground facilities at Cigar Lake as well as changes to the milling facilities at McClean Lake and Rabbit Lake.
The company has increased its construction budget $110 million for 1993 and 1994, reflecting the three-year Brunswick Improvement Plan.
Unfortunately, the report also shows that INDOT's state construction budget will be unable to help in expanding this potential job growth.

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