Escalated Cost definition

Escalated Cost means the Project Cost less HCE’s estimated cost for the proposed project, if the project was constructed in a manner that would meet HCE’s legal obligation for construction and location of the project. The escalated cost associated with underground projects shall consider the estimated cost of an equivalent overhead facility that could be constructed along the same or similar right of way.
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Examples of Escalated Cost in a sentence

  • Project Limits 12-Ora-405 PM 16.9/24.2 Number of Alternatives 2 (1 Build and 1 No-Build) Current Cost Estimate: Escalated Cost Estimate: Capital Outlay Support $ 12,526,000 $ 14,633,000 Capital Outlay Construction $ 43,523,000 $ 49,367,000 Capital Outlay Right-of-Way $ 0 $ 0 Funding Source 2020 SHOPP – 20.10.201.121 Funding Year 2023/2024 Type of Facility 8/9 lane freeway including two express lanes in each direction.

  • Project Limits 03-YUB-70 PM 14.8-15.7 Number of Alternatives 4 (including no-build) Current Cost Estimate: Escalated Cost Estimate: Capital Outlay Support N/A $20,845,000 Capital Outlay Construction $85,960,000 $100,622,000 Capital Outlay Right-of-Way $13,980,888 $15,258,000 Funding Source SHOPP 20.XX.201.120 Funding Year 2021/2022 Type of Facility 12th St to 24th St: 4-lane conventional highway 24th St to County line: 2-lane conv.