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IL6,1 <br />Item <br />Cost of the Work as defined in Section 3(B) below. <br />(Includes an estimated credit of $750,000 for the <br />cost of constructing the Project foundation.) <br />Construction Contingency, as defined in Section <br />3(C) below <br />Parking Control Equipment <br />Testing & Inspection _— <br />A/E Support during construction <br />Cost <br />$15,730,000 <br />250,000 <br />200,000 <br />300,000 <br />Not -to- Exceed Parking Facility Cost = $17,480,000 <br />In calculating the Not- to- Exceedaacility lilEftt the parties assume that <br />Developer, Consultants and Contraccffm will tie, encounter delays and <br />difficult site conditionsJgSJhf&pm limi&i amass tam areas, other interference or <br />conditions at the Pdr INct Site. <br />costs Developer,' <br />B. The <br />The. Cost .i <br />,: <br />taxes, utilities, in; <br />constructing the Unde <br />Construction-and its su <br />C. The -Com <br />ed Parking Facility Cost includes all <br />incur on account of such conditions. <br />the cost of"all labor, materials, equipment, overhead, <br />ad license fees, deposits and other "hard" costs of <br />Parking Facility paid to or on behalf of Wentz <br />Contingency. <br />The "Consliii Contingency" is a fund of One Million Dollars ($1,000,000) to <br />be used solely to pay for unforeseen costs that are a "Cost of the Work," subject to the <br />limitations in Section 3(E). Developer shall not be entitled to payment of any portion of <br />the Construction Contingency without prior written authorization by City and Agency. In <br />order to obtain funds from the Construction Contingency, Developer shall make a <br />written request to City and Agency for a particular amount of funds for a specific <br />purpose. Developer's request, and authorization by City and Agency, shall occur before <br />