Base Flood Clause Samples

The 'Base Flood' clause defines the specific flood event used as a standard for regulatory and insurance purposes, typically referring to a flood with a 1% chance of occurring in any given year (commonly known as the 100-year flood). This clause clarifies what constitutes a base flood for the purposes of property development, insurance requirements, or compliance with local, state, or federal floodplain management regulations. By establishing a clear benchmark for flood risk, the clause ensures consistency in risk assessment and helps determine necessary protective measures or insurance coverage for properties in flood-prone areas.
Base Flood. The flood having a one percent chance of being equaled or exceeded in magnitude in any given year (commonly called a 100-year flood). [Adapted from Chapter 31
Base Flood. The flood or tide having a one percent (1%) chance of being exceeded in any given year. Bid (also referred to as Proposal). The documents submitted by an Offeror in response to a Request for Proposal. Bidder (also referred to as Offeror). Any individual, partnership, Corporation, or Joint Venture that formally submits a SOQ or Proposal for the work contemplated thereunder. Board. Commonwealth Transportation Board of Virginia. Borrow. Suitable material from sources outside the Roadway that is used primarily for Embankments. Brackish Water. Water in which total alkali chlorides calculated as sodium chloride are more than 0.10 percent (0.10%) based on total solids. Bridge. A structure, including supports, that is erected over a depression or an obstruction, such as water, a Highway, or a railway, that has a track or passageway for carrying traffic. Bridge Lift. A layer of fill material placed in excess of standard depth over an area that does not support the weight of hauling Equipment and for which compaction effort is not required. Business. Any corporation, partnership, limited liability company, joint venture, firm, association, individual or sole proprietorship operated for profit.
Base Flood. The flood or tide having a one percent (1%) chance of being exceeded in any given year. Bidder (also referred to as Offeror). Any individual, partnership, Corporation, or Joint Venture that formally submits a SOQ or proposalProposal for the work contemplated thereunder. Bids, Invitation for. Used interchangeably with “Advertisement, Notice ofdefined above. Brackish Water. Water in which total alkali chlorides calculated as sodium chloride are more than 0.10 percent (0.10%) based on total solids.
Base Flood. The flood or tide having a one percent chance of being exceeded in any given year. Bid (also referred to as Proposal). The documents submitted by an Offeror in response to a Request for Proposal. Bidder (also referred to as Offeror). Any individual, partnership, Corporation, or Joint Venture that formally submits a SOQ or proposal for the work contemplated thereunder. Board. Commonwealth Transportation Board of Virginia. Borrow. Suitable material from sources outside the Roadway that is used primarily for Embankments. Brackish Water. Water in which total alkali chlorides calculated as sodium chloride are more than 0.10 percent based on total solids. Bridge. A structure, including supports, that is erected over a depression or an obstruction, such as water, a Highway, or a railway, that has a track or passageway for carrying traffic. Bridge Lift. A layer of fill material placed in excess of standard depth over an area that does not support the weight of hauling Equipment and for which compaction effort is not required.
Base Flood. The flood or tide having a one percent chance of being exceeded in any given year. Bid (also referred to as Proposal). The documents submitted by an Offeror in response to a Request for Proposal. Bidder (also referred to as Offeror). Any individual, partnership, Corporation, or Joint Venture that formally submits a SOQ or proposal for the work contemplated thereunder.