Cost Indes Clause Samples

Cost Indes. It is proposed to use the EPCCI Index The cost indexes are used to adjust the process plant construction costs from one period to another. Indeed, historical data can be used in the cost‐estimating methods. Cost in year A = Cost in year B x Cost index in year A / Cost index in year B Although the cost indexes are defined in several ways, it consists generally of dimensionless composite indexes updated regularly and calculated with appropriate weighting factors to get the best estimate from several sub‐indexes based on different prices of equipments (heat exchangers, tanks, pumps, compressors, etc.) and structures (construction, building, engineering and supervi‐ sion). They do not usually take into account regional variations and are restricted to a particu‐ lar region, generally including many of the EU countries. The indexes available for process industries include CEPCI (Chemical Engineering Plant Cost Index), IC (Intrantec Chemical plant construction cost index), M&S (▇▇▇▇▇▇▇▇ & Swift equip‐ ment cost index) and NF (▇▇▇▇▇▇‐▇▇▇▇▇▇ refinery construction index). In the specific field of power generation, the EPCCI (European Power Capital Costs Index) defined by HIS CERA tracks the costs associated with the construction of a portfolio of power generation plants (coal, gas and wind) in Europe and indexed to year 2000 (next Figure 3).
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Related to Cost Indes

  • Cost Estimates If this Agreement pertains to the design of a public works project, CONSULTANT shall submit estimates of probable construction costs at each phase of design submittal. If the total estimated construction cost at any submittal exceeds the CITY’s stated construction budget by ten percent (10%) or more, CONSULTANT shall make recommendations to CITY for aligning the Project design with the budget, incorporate CITY approved recommendations, and revise the design to meet the Project budget, at no additional cost to CITY.

  • Cost Estimate The cost estimate shall set out the estimated costs for the proposed Change Order in such a way that a fair evaluation can be made. It shall include a breakdown for labor, materials, equipment and markups for overhead and profit, unless TxDOT agrees otherwise. If the work is to be performed by Subcontractors and if the work is sufficiently defined to obtain Subcontractor quotes, DB Contractor shall obtain quotes (with breakdowns showing cost of labor, materials, equipment and markups for overhead and profit) on the Subcontractor’s stationery and shall include such quotes as back-up for DB Contractor’s estimate. No markup shall be allowed in excess of the amounts allowed under Section 10.6. DB Contractor shall identify all conditions with respect to prices or other aspects of the cost estimate, such as pricing contingent on firm orders being made by a certain date or the occurrence or non-occurrence of an event.

  • Baseline For purposes of measuring a reduction in net tax revenue, the interim final rule measures actual changes in tax revenue relative to a revenue baseline (baseline). The baseline will be calculated as fiscal year 2019 (FY 2019) tax revenue indexed for inflation in each year of the covered period, with inflation calculated using the Bureau of Economic Analysis’s Implicit Price Deflator.163 FY 2019 was chosen as the starting year for the baseline because it is the last full fiscal year prior to the COVID– 162 See, e.g., Tax Policy Center, How do state earned income tax credits work?, https:// ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇-▇▇▇▇/▇▇▇-▇▇- state-earned-income-tax-credits-work/ (last visited May 9, 2021).

  • Cost of Living Adjustment For each year following the Initial Term, unless the parties shall otherwise agree and provided that the service mix and volumes remain consistent as previously provided in the Initial Term, the total fee for all services shall equal the fee that would be charged for the same services based on a fee rate (as reflected in a fee rate schedule) increased by the percentage increase for the twelve-month period of such previous calendar year of the CPI-W (defined below) or, in the event that publication of such index is terminated, any successor or substitute index, appropriately adjusted, acceptable to both parties. As used herein, “CPI-W” shall mean the Consumer Price Index for Urban Wage Earners and Clerical Workers (Area: Boston-Brockton-Nashua, MA-NH-ME-CT; Base Period: 1982-84=100), as published by the United States Department of Labor, Bureau of Labor Statistics.

  • Future Treatment of Unallowable Costs Unallowable Costs shall be separately determined and accounted for by Defendants, and Defendants shall not charge such Unallowable Costs directly or indirectly to any contracts with the United States or any State Medicaid program, or seek payment for such Unallowable Costs through any cost report, cost statement, information statement, or payment request submitted by Defendants or any of their subsidiaries or affiliates to the Medicare, Medicaid, TRICARE, or FEHBP Programs.