Estimated Project Cost definition
Examples of Estimated Project Cost in a sentence
In case the Contract Price is lower/ higher than the Estimated Project Cost as per RFP, then the SOR rates shall be reduced/ increased in the same proportion accordingly.
For this purpose, a project shall be considered to be completed, if more than 90% of the value of work has been completed and such completed value of work is equal to or more than 25%of the Estimated Project Cost.
Total Estimated Project Cost is the sum of the Government share and Recipient share of the estimated project costs.
The DPR and related documents for the Project must conform to the requirements of the guidelines and procedures of the government and shall include the following: Project Proposal Project Evaluation Criteria- General information: To include basic technical design, institutional arrangements- Estimated Project Cost- Project Revenue- Estimated Project Benefits and Costsa.
For the avoidance of doubt, the Bid Project Cost specified herein represents the amount due and payable by the Authority to the Concessionaire and may be less than, equal to, or more than the Estimated Project Cost.