Total Project Value Sample Clauses

The 'Total Project Value' clause defines the overall monetary worth assigned to a project under a contract. It typically specifies the aggregate amount payable for all goods, services, or deliverables provided, and may include details on what is included or excluded from this sum, such as taxes, fees, or reimbursable expenses. By clearly stating the total financial commitment, this clause ensures both parties have a mutual understanding of the project's budget, helping to prevent disputes over payment expectations and scope.
POPULAR SAMPLE Copied 1 times
Total Project Value. The sum of all the values provided toward the project. This figure reflects the true estimated cost of the project.
View SourceView Similar (3)
Total Project Value. The sum of all the values provided toward the project . This figure reflects the true estimated cost of the project. Burden Statement According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to respond to a collection of information unless it displays a valid OMB control number. The valid OMB control number for this information collection is 0596-New. The time required to complete this information collection is estimated to average XX minutes/hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. The U.S. Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, genetic information, political beliefs, reprisal, or because all or part of an individual’s income is derived from any public assistance. (Not all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact USDA’s TARGET Center at ▇▇▇-▇▇▇-▇▇▇▇ (voice and TDD). To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-9410 or call toll free (▇▇▇) ▇▇▇-▇▇▇▇ (voice). TDD users can contact USDA through local relay or the Federal relay at (▇▇▇) ▇▇▇-▇▇▇▇ (TDD) or (▇▇▇) ▇▇▇-▇▇▇▇ (relay voice). USDA is an equal opportunity provider and employer.
View Source
Total Project Value. Upon completion of the project, the total project value shall be calculated and the calculation set forth on Exhibit "B" as an addendum to this lease. Total project value shall determine the initial rent. The building project value as defined on Exhibit "B" shall establish the initial purchase price for the building should the purchase option be exercised pursuant to Article 34. Total project value shall include any and all costs, direct or indirect, incurred by lessor in connection with building construction and site development; including but not limited to legal, accounting, architectural, engineering and other professional fees, governmental permits and expenses, and other miscellaneous costs; and parcel 1 of the premises at a value of $3.80 per square foot. The lessee may choose a graduated rent schedule which will defer rent as specified herein. The sum of the above costs, including deferred rent if any, will be the total project value.
View Source

Related to Total Project Value

  • Total Project Cost With regard to any Real Property acquired prior to or during the development, construction or improvement stages, all hard and soft costs and expenses paid or incurred by or on behalf of the Corporation that are in any way related to the development, construction, improvement or stabilization (including tenant improvements) of such Real Property, including, but not limited to, any debt, whether borrowed or assumed, land and construction costs.

  • Capital Projects (a) The selection of all design professionals and contractors for capital projects shall be made by Lessor and Lessor shall provide at its expense all materials and services for capital projects. (b) Lessee shall cooperate with Lessor with respect to capital projects. Notwithstanding anything in the foregoing which may be construed to the contrary, Lessee shall have no obligation to perform any such capital projects unless Lessee agrees to perform and be responsible for same in accordance with a written agreement therefor between Lessor and Lessee.

  • Project Cost An updated cost spreadsheet reflecting the current forecasted cost vs. the latest approved budget vs. the baseline budget should be included in this section. One way to track project cost is to show: (1) Baseline Budget, (2) Latest Approved Budget, (3) Current Forecasted Cost Estimate, (4) Expenditures or Commitments to Date, and (5) Variance between Current Forecasted Cost and Latest Approved Budget. Line items should include all significant cost centers, such as prior costs, right-of-way, preliminary engineering, environmental mitigation, general engineering consultant, section design contracts, construction administration, utilities, construction packages, force accounts/task orders, wrap-up insurance, construction contingencies, management contingencies, and other contingencies. The line items can be broken-up in enough detail such that specific areas of cost change can be sufficiently tracked and future improvements made to the overall cost estimating methodology. A Program Total line should be included at the bottom of the spreadsheet. Narratives, tables, and/or graphs should accompany the updated cost spreadsheet, basically detailing the current cost status, reasons for cost deviations, impacts of cost overruns, and efforts to mitigate cost overruns. The following information should be provided: