Define: General Conditions Costs

How is General Conditions Costs defined in a legal contract?

• General Conditions Costs means the expenses of the construction manager during the construction phase, but not exceeding to the specifics laid out, including but not limited to: payroll costs for specific personnel engaged at the site, costs of consultants, and fees for permits and licenses.
  Seen in 29 SEC Filings
• General Conditions Costs means costs sustained and minor work performed at the job site by the contractor, without the need for competitive bids or proposals. The acceptable General Conditions items are further detailed and confined in the agreement.
  Seen in 18 SEC Filings
• General Conditions Costs means a portion of the costs sustained by the construction manager during the construction phase.
  Seen in 14 SEC Filings
• General Conditions Costs means costs sustained and minor work performed by the construction manager, without the need for competitive bids or proposals, as permitted under the relevant laws. The allowable items for General Conditions Costs are further described and limited.
  Seen in 8 SEC Filings
• General Conditions Costs means and includes the indirect costs sustained by the construction manager in the delivery of the work. These costs are reimbursable and are not barred from refund according to the relevant sections.
  Seen in 4 SEC Filings
• General Conditions Costs means all time-related and indirect costs other than direct labor and material costs, including various other costs relating to administration, safety measures, project coordination, engineering, waste disposal, and mobilization matters.
  Seen in 4 SEC Filings
• General Conditions Costs means costs sustained and minor work performed by the CM without the use of competitive bids or proposals, as permitted under the relevant laws. The allowable General Conditions Cost items are further elaborated and limited in the agreement.
  Seen in 3 SEC Filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for ‘Definitions of general conditions costs’ yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• General Conditions Costs means expenses incurred by the Construction Manager during project execution, not exceeding specific, permissible items.

Relevant Contract Types

• Construction Contract
• Project Management Contract
• Engineering, Procurement, and Construction (EPC) Contract

Relevant Circumstances

• Construction projects and related works
• Infrastructure development projects
• Engineering projects

Relevant Sectors

• Construction Industry
• Infrastructure
• Engineering

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Genie Definition 2

• General Conditions Costs means indirect expenses related to project management including labor, administration, and site-related costs.

Relevant Contract Types

• Project Management Contract
• Service Contract
• Consultancy Contract

Relevant Circumstances

• Consulting services
• Project Management services
• General service provisions

Relevant Sectors

• Consulting Industry
• Service Industry
• Management Services

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