How is Cost Certification defined in a legal contract?
- Cost Certification means the date when every partner receives certified evidence from the auditors. This notion relates to the itemized estimates of the construction and development expenses of a property complex, as well as the corresponding basis and percentage related to each building in the property complex.
Seen in 50 SEC filings. - Cost Certification means a certificate, prepared as of a certain date, that provides details about the costs incurred and potentially incurred by a [organization] in completing the provision of a project, including categorized details of all acceptable innovation expenses.
Seen in 17 SEC filings. - Cost Certification means a document from a certified public accountant detailing the construction and development costs of a project, submitted to an unspecified department in order to secure required forms for the development.
Seen in 3 SEC filings. - Cost Certification means the date on which the developer has received a written certification from the accountants about the rehabilitative and development costs of a building, along with the qualified rehabilitation expenditure (QRE) and the actual Historic Tax Credit allocated to the building.
Seen in 2 SEC filings. - Cost Certification means a certified written evidence from a certified public accountant that verifies the itemized costs of construction and development of a development project.
Seen in 2 SEC filings.
Please note, this data is based on the documents mentioned in each definition. All specific details have been made generic to allow for wider applicability.
Note: 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.
yourself to verify these results. We are always keen to point people to source documents.
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Which definition should you use?
π€ 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.
Genie Definition 1
Cost Certification means a certified document detailing the itemized construction, development, and potential innovation costs of a project.
Relevant Contract Types
Relevant Circumstances
- Procurement of raw materials for a building project
- Hiring of services like architecture, engineering, and construction
- Acquisition of a property for redevelopment
Relevant Sectors
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Genie Definition 2
Cost Certification means receiving auditor-approved, itemized construction and development cost estimates with applicable percentages for each building in a property complex.
Relevant Contract Types
Relevant Circumstances
- Establishment of a joint venture for property development
- Execution of a large-scale residential or commercial project
- Overseeing property management activities
Relevant Sectors
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