Pre-Development Marketing Agreement

Preliminary Development Agreements. A Preliminary Development Agreement (PDA) is a procurement method in which a competitively- selected bidder takes the initial risk of developing a project, and, in exchange, receives the first right- of-refusal on a negotiated basis once the project is deemed feasible.

"Predevelopment Agreement" means each agreement by and between ODOT and a Developer, which provides the framework for the Developer to collaborate with ODOT for the conceptual, preliminary and final planning for a project, along with performance of certain services relating to development of the project.

Pre-development describes the phase of a capital project between the origination of the concept and the initiation of design. It is the period of gathering information, exploring options, and making decisions about the direction of a project.

More Definitions of Commercialization AgreementCommercialization Agreement means any agreement whereby UTRF is entitled to receive cash and/or Securities as consideration for a grant of rights to a third party in one or more Disclosures.Commercialization Agreement means the meaning set forth in Section 7.7.

Development agreements are contracts approved by the Planning Commission and Board of Supervisors entered into by the City and a developer to expressly define a development project's rules, regulations, commitments, and policies for a specific period of time.

Land development exp are incurred to make the land fit for building structures on it. As per AS 10 all costs incurred to make the asset ready for intended use should be capitalised as part of the Asset cost. Here the Dev exp is incurred to make the land ready for its intended use i.e building the mall.

Development Costs Land costs. Architect, design fees. Permit fees. Land preparation, demolition, utilities, grading.

Development costs are the costs a business incurs from researching, growing and introducing a new product or service. Development costs are commonly referred to as research and development costs. These costs can include a host of expenses, such as marketing analysis, developmental engineering and customer surveying.

A2: Predevelopment costs are those associated with activities that provide decision-makers the opportunity to identify and assess potential infrastructure projects and modifications to existing infrastructure projects, and to advance those projects from the conceptual phase to actual construction.