Budget Estimate. The Budget Estimate for the Terms of Reference is set forth in Annex II to this Agreement. The Budget Estimate represents the Contractor’s best estimate of the cost to the Contractor of the goods and services to be provided, disaggregated into the categories of labor costs and other direct costs. Unless otherwise expressly approved by USTDA in writing, no fee or profit may be included as part of (a) the Contractor’s employee labor costs, or (b) other direct costs paid by the Contractor. The Budget Estimate provides the basis for establishing the Cost Share Ratio (as defined below) between USTDA and the Contractor.
Budget Estimate. The following OR Attachment X is the estimated budget for this Agreement. As federal financial assistance agreements are cost-reimbursable, the budget provided is for estimation purposes only. Final costs incurred under the budget categories listed may be either higher or lower than the estimated costs. All costs incurred by the Recipient under this agreement must be in accordance with any pre-award clarifications conducted between the Recipient and Reclamation, as well as with the terms and conditions of this agreement. Final determination of the allowability, allocability, or reasonableness of costs incurred under this agreement is the responsibility of the Grants Officer. Recipients are encouraged to direct any questions regarding allowability, allocability or reasonableness of costs to the Grants Officer for review prior to incurrence of the costs in question. Incorporate the final budget estimate here or provide as an attachment to the agreement. Below is a sample budget table: BUDGET ITEM DESCRIPTION COMPUTATION RECIPIENT FUNDING OTHER FUNDING RECLAMATION FUNDING TOTAL COST Price/Unit Quantity SALARIES AND WAGES --Position title x hourly wage/salary x est. hours for assisted activity. Describe this information for each position.
Budget Estimate. The following is the estimated budget for this Agreement. As Federal financial assistance agreements are cost-reimbursable, the budget provided is for estimation purposes only. Final costs incurred under the budget categories listed may be either higher or lower than the estimated costs. All costs incurred by the Recipient under this Agreement must be in accordance with any pre-award clarifications conducted between the Recipient and Reclamation, as well as with the terms and conditions of this Agreement. Final determination of the allowability, allocability, or reasonableness of costs incurred under this Agreement is the responsibility of the GO. Recipients are encouraged to direct any questions regarding allowability, allocability or reasonableness of costs to the GO for review prior to incurrence of the costs in question. BUDGET ITEM DESCRIPTION TOTAL COST SALARIES, WAGES, FRINGE BENEFITS NA $0.00 TRAVEL NA $0.00 EQUIPMENT NA $0.00 SUPPLIES/MATERIALS NA $0.00 CONTRACTUAL/ CONSTRUCTION Engineering – General $2,750,000.00 Engineering – Hydrologic Investigation and Infiltration Testing $655,000.00 Construction $17,630,800.00 OTHER Permitting $180,000.00 TOTAL ESTIMATED PROJECT COST $21,215.800.00 7.2 Cost Sharing Requirement At least 75% non-Federal cost-share is required for costs incurred under this Agreement. If pre- award costs are authorized, reimbursement of these costs is limited to federal cost share percentage identified in this Agreement. The Federal share of allowable costs shall not be expended in advance of the Recipient's non- Federal share. It is expected that expenditure of Federal and non-Federal funds based upon the cost share percentage above shall occur concurrently. If a bona fide need arises which requires the expenditure of Federal funds in advance of the Recipient share, then the Recipient must request written approval from the GO prior to the expenditure. Recipient's may expend their agreed upon share of costs in advance of the expenditure of Federal funds without prior written approval.
Budget Estimate. The following is the estimated budget for this Agreement. As Federal financial assistance agreements are cost-reimbursable, the budget provided is for estimation purposes only. Final costs incurred under the budget categories listed may be either higher or lower than the estimated costs. All costs incurred by the Recipient under this agreement must be in accordance with any pre-award clarifications conducted between the Recipient and Reclamation, as well as with the terms and conditions of this agreement. Final determination of the allowability, allocability, or reasonableness of costs incurred under this agreement is the responsibility of the Grants Officer. Recipients are encouraged to direct any questions regarding allowability, allocability or reasonableness of costs to the Grants Officer for review prior to incurrence of the costs in question. BUDGET ITEM DESCRIPTION TOTAL COST SALARIES, WAGES, FRINGE BENEFITS $5,075.00 TRAVEL $0.00 EQUIPMENT $0.00 SUPPLIES/MATERIALS $0.00 CONTRACTUAL/ CONSTRUCTION $112,900.00 OTHER BOR Environmental Costs $2,025.00 TOTAL DIRECT COSTS $120,000.00 INDIRECT COSTS $0.00 TOTAL ESTIMATED PROJECT COST $120,00.00
Budget Estimate. The following is the estimated budget for this Agreement. As Federal financial assistance agreements are cost-reimbursable, the budget provided is for estimation purposes only. Final costs incurred under the budget categories listed may be either higher or lower than the estimated costs. All costs incurred by the Recipient under this agreement must be in accordance with any pre-award clarifications conducted between the Recipient and Reclamation, as well as with the terms and conditions of this agreement. Final determination of the allowability, allocability, or reasonableness of costs incurred under this agreement is the responsibility of the Grants Officer. Recipients are encouraged to direct any questions regarding allowability, allocability or reasonableness of costs to the Grants Officer for review prior to incurrence of the costs in question. BUDGET ITEM DESCRIPTION COMPUTATION Quantity Type TOTAL COST $/Unit Quantity Contractual/Construction $1,340,484 Construction Contract - Well No. 10 $1,340,484.00 1 LS $1,340,484 Other $10,000 Reclamation NEPA/NHPA (Hold- Back) $10,000.00 1 LS $10,000 TOTAL DIRECT COSTS $1,350,484 Indirect Costs $0 N/A $0 TOTAL ESTIMATED PROJECT COSTS $1,350,484 Funding Sources Percent of Total Project Cost Total Cost by Source Recipient Funding 78% $1,053,484 Other Recipient Funding 0% $0 Reclamation Funding 22% $297,000 Other Federal Funding 0% $0 TOTALS 100% $1,350,484
Budget Estimate. The funding of the project will be supported by grants from different stakeholders.
Budget Estimate. The estimated budget required to achieve each action (see Table 21 of Annex 1 and Section 6) reflects the funds which should be allocated at the level of the Agreement (AEWA core budget and/or voluntary contributions). They do not take into account resources which need to be allocated by the AEWA national implementing agencies or other stakeholders nationally.
Budget Estimate. 12.1. The Company hereby acknowledges that the costs, expenses and fees set out in the Budget Estimate should only be regarded as a guide. The Company hereby agrees that charges will be based on the Actual Costs. Increase in costs will be advised at the time of occurrence or as soon as reasonably practicable thereafter however any failure or delay to advise the Company of any increases in costs shall not permit the Company to withhold payment.
Budget Estimate. The Association must, unless otherwise agreed, within fourteen (14) days after receipt of a request for a Clearance pursuant to clause 13.1 submit to the Company a proposed Budget containing an estimate of all of the costs and expenses associated with the requested Clearance to enable the Company and the Association to negotiate and agree a Budget.
Budget Estimate. 6.01 MD Xxxxxxxx has established a design-build budget limitation (DBBL) of $ 16,800,000 for the project. This amount is the maximum amount that could be paid to the design- build firm and includes the Preconstruction Services Fee, which includes all Design Services fees, all Costs of the Work, all General Conditions Costs, the Construction Phase Fee, all construction contingencies and any Owner’s Special Cash Allowances. PART 7 - MILESTONE SCHEDULE
