NYC 9/11 Public Portal Document
DEC-31-1997 14:33 NYC LAW DEPT 212 788 0366 P.06/13
(B) The term "Work Cost" as used in this Article shall mean the actual cost to
Landlord of furnishing and installing Tenant's Initial Work as shown on the Plans. The parties
agree that all bidding has been eomplctcd and" Tenant has approved-a-'Werk
■ which sum includes all coats (hard and soft) t»<enwlewfjoal Plans and
shall consist of all costs and expenses (excluding construction loan interest and related
financing costs) charged to L
the approved Architect’s fees for the services required for Tenant’s
Initial Work shown on the Plans: requested bv DRES, which are set forth
JAX additional Arch! fees* for maior modifications or
C’-s.
f(b) the performance of all terms of Tenantls.Initial Work in accordance
with the Final Plans; and
one fl) general contractor’s general conditions and one (1) contractor’s
over-head and profit to the extent indicatedjn contractor’s bid only;
LandlordshallnQthe^ntidedtobeoaidanadministrativei^
management fee for the performance of Tenant’s Initial Work. There
Tenant’s Work Cost, including anv components of overhead and profit
Within ten (10) days after DRES’s approval of the Final Plans, and prior to the
£ •ToThTgneement of the Tenant’s Initial Work. Landlord shall submit to Dlft^S Port Authority
administrative approvals with respect to the Final Plans and completed DRES cost estimate
forms (attached hereto as Exhibit ). The cost estimate forms shall he completed bv the
bidders approved bv pfiES and Landlord and shall indicate in reasonable detail the
proposed cost of Tenant’s Initial Work after Landlord, (i) shall have obtained three (3)
competitive bids, proof of which will be supplied to DRES, bv three (3) subcontractors of
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