Examples of Cost Value in a sentence
For an RCBAP, include the number of units and Replacement Cost Value (RCV) of the building.
Your building coverage is at least 80 percent of the full replacement cost of the building, or is the maximum available for the property under the NFIP.Actual Cash Value (ACV)Actual Cash Value (ACV) is Replacement Cost Value at the time of loss, less the value of its physical depreciation.Some building items such as carpeting are always adjusted on an ACV basis.
Matasar, The Viability of the Law Degree: Cost, Value, and Intrinsic Worth, 96 IOWA L.
Cost Value Changes – Once the schedule has been approved by the COTR, the value of each activity shall not be modified without prior approval.
Replacement Cost Value means the cost to replace property with the same kind of material and construction without deduction for depreciation.