Common use of Cost Effectiveness Clause in Contracts

Cost Effectiveness. The Engineer shall evaluate cost-effectiveness to determine if the improvements cause sufficient user benefits to justify the DocuSign Envelope ID: 0FF49D32-D279-4718-B36E-004C4194E751 DocuSign Envelope ID: 33059790-9D6A-4832-8E47-37328128C4A4 Contract No. 36-6IDP5430 PeopleSoft Contract No. 5682 investment. The Engineer shall evaluate cost-effectiveness by determining the benefits (dollar-value) associated with the reduction in vehicle delay due to a short-term improvement and comparing the benefit to the cost of implementing the improvement. Benefits shall be determined using the results of the peak hour model and converting the hourly delay values to estimated daily and annual delays, which shall then be multiplied by an average cost per hour of delay to achieve annual benefits (dollar-value).

Cost Effectiveness. The Engineer shall evaluate cost-effectiveness to determine if the improvements cause sufficient user benefits to justify the DocuSign Envelope ID: 0FF49D32D3D386F2-D2799BB1-471846C4-B36E-004C4194E751 A6B5-298DBCC339A1 DocuSign Envelope ID: 33059790289281F7-9D6A-483243A6-8E474F0C-37328128C4A4 BC8B-BFB572B13384 Contract No. 36-6IDP5430 6IDP5376 PeopleSoft Contract No. 5682 5675 investment. The Engineer shall evaluate cost-effectiveness by determining the benefits (dollar-value) associated with the reduction in vehicle delay due to a short-term improvement and comparing the benefit to the cost of implementing the improvement. Benefits shall be determined using the results of the peak hour model and converting the hourly delay values to estimated daily and annual delays, which shall then be multiplied by an average cost per hour of delay to achieve annual benefits (dollar-value).

Cost Effectiveness. The Engineer shall evaluate cost-effectiveness to determine if the improvements cause sufficient user benefits to justify the DocuSign Envelope ID: 0FF49D32D3D960FD-D279BE0E-44B3-4718803B-B36E-004C4194E751 B86D69AFA793 DocuSign Envelope ID: 33059790D1D750F4-9D6A-4832C3E4-8E474ADA-8F53-37328128C4A4 8D32970E4F27 Contract No. 36-6IDP5430 6IDP5364 PeopleSoft Contract No. 5682 5689 investment. The Engineer shall evaluate cost-effectiveness by determining the benefits (dollar-value) associated with the reduction in vehicle delay due to a short-term improvement and comparing the benefit to the cost of implementing the improvement. Benefits shall be determined using the results of the peak hour model and converting the hourly delay values to estimated daily and annual delays, which shall then be multiplied by an average cost per hour of delay to achieve annual benefits (dollar-value).

Cost Effectiveness. The Engineer shall evaluate cost-effectiveness to determine if the improvements cause sufficient user benefits to justify the DocuSign Envelope ID: 0FF49D32BC9C016B-5A52-D27945C4-4718B28D-B36E-004C4194E751 A91989A94E2D DocuSign Envelope ID: 33059790DEE8D1E1-9D6A-4832E43A-4EEA-8FC1-8E47-37328128C4A4 F207966DDF38 Contract No. 36-6IDP5430 6IDP5368 PeopleSoft Contract No. 5682 5683 investment. The Engineer shall evaluate cost-effectiveness by determining the benefits (dollar-value) associated with the reduction in vehicle delay due to a short-term improvement and comparing the benefit to the cost of implementing the improvement. Benefits shall be determined using the results of the peak hour model and converting the hourly delay values to estimated daily and annual delays, which shall then be multiplied by an average cost per hour of delay to achieve annual benefits (dollar-value).

Cost Effectiveness. The Engineer shall evaluate cost-effectiveness to determine if the improvements cause sufficient user benefits to justify the DocuSign Envelope ID: 0FF49D32FDEAC86F-5E2C-4774-D27980F7-4718-B36E-004C4194E751 D16ABCDC6AED DocuSign Envelope ID: 33059790BD8C3DAD-658B-42FA-9D6A-4832BFD0-8E47-37328128C4A4 FFECD08D31CF Contract No. 36-6IDP5430 6IDP5371 PeopleSoft Contract No. 5682 5690 investment. The Engineer shall evaluate cost-effectiveness by determining the benefits (dollar-value) associated with the reduction in vehicle delay due to a short-term improvement and comparing the benefit to the cost of implementing the improvement. Benefits shall be determined using the results of the peak hour model and converting the hourly delay values to estimated daily and annual delays, which shall then be multiplied by an average cost per hour of delay to achieve annual benefits (dollar-value).

Cost Effectiveness. The Engineer shall evaluate cost-effectiveness to determine if the improvements cause sufficient user benefits to justify the DocuSign Envelope ID: 0FF49D32F2FBC84C-D279FAF2-471848EB-B36E-004C4194E751 B372-AE084F522D98 DocuSign Envelope ID: 33059790FF5C91A2-9D6A-4832ECF2-8E4741F9-37328128C4A4 B9A9-7A5C5F04D96D Contract No. 36-6IDP5430 6IDP5370 PeopleSoft Contract No. 5682 5685 investment. The Engineer shall evaluate cost-effectiveness by determining the benefits (dollar-value) associated with the reduction in vehicle delay due to a short-term improvement and comparing the benefit to the cost of implementing the improvement. Benefits shall be determined using the results of the peak hour model and converting the hourly delay values to estimated daily and annual delays, which shall then be multiplied by an average cost per hour of delay to achieve annual benefits (dollar-value).

Cost Effectiveness. The Engineer shall evaluate cost-effectiveness to determine if the improvements cause sufficient user benefits to justify the DocuSign Envelope ID: 0FF49D3204C16B52-D2796FE2-47184CCA-85E1-B36E-004C4194E751 65F1BBF3295C DocuSign Envelope ID: 330597904ADCA196-9D6A-4832070B-414B-84B9-8E47-37328128C4A4 71706552ABDA Contract No. 36-6IDP5430 6IDP5366 PeopleSoft Contract No. 5682 5681 investment. The Engineer shall evaluate cost-effectiveness by determining the benefits (dollar-value) associated with the reduction in vehicle delay due to a short-term improvement and comparing the benefit to the cost of implementing the improvement. Benefits shall be determined using the results of the peak hour model and converting the hourly delay values to estimated daily and annual delays, which shall then be multiplied by an average cost per hour of delay to achieve annual benefits (dollar-value).