Estimated Project Cost definition

Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

Estimated Project Cost means the project cost as set out in the DPR, being the sum total in respect of the Estimated Cost of Commercial Development Project, Estimated Cost of Redevelopment Project and Estimated Cost of Station Development Project, and set forth in the Schedules hereof:

Estimated Project Cost means the capital cost (indicative) of the Project as mentioned in the RFP;

Examples of Estimated Project Cost in a sentence

• If the bid price offered by the Contractor is lower than 10% but upto 20% of the Estimated Project Cost, then the Additional Performance Security shall be calculated @20% of the difference in the (a) Estimated Project Cost (as mentioned in RFP)-10% of the Estimated Project Cost and (b) the Bid Price offered by the selected Bidder.

• For requirement of 2.2.2.2 (ii), one similar work of 25% of Estimated Project Cost should have been completed from the Eligible Projects in Category 1 and/or Category 3 specified in Clause 2.2.2.5 individually by any of the JV members as a single work.

• If the bid price offered by the Contractor is lower than 20% of the Estimated Project Cost, then the Additional Performance Security shall be calculated @30% of the difference in the (a) Estimated Project Cost (as mentioned in RFP)-10% of the Estimated Project Cost and (b) the Bid Price offered by the selected Bidder.

• For requirement of 2.2.2.2 (ii), one similar work of 50% of Estimated Project Cost should have been completed from the Eligible Projects in Category 1 and/or Category 3 specified in Clause 2.2.2.5 individually by any of the JV members as a single work.

• Provided that at least one similar work of 50% of Estimated Project Cost i.e. Rs. 75.95 Crore (Rupees Seventy Five Crore Ninety Five Lakh only) shall have been completed from the Eligible Projects in Category 1 and/or Category 3 specified in Clause 2.2.2.5. 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 50% of the estimated project cost.

More Definitions of Estimated Project Cost

Estimated Project Cost or "Project Costs" means the sum of all costs, including the fair market value of any equipment or other real property (whether acquired by lease, donation, or gift) necessary to complete a project, including:

Estimated Project Cost means one of the following, as applicable:

Estimated Project Cost means the estimated Project Costs for the completion of the Works Project prior to tender for the Works Contract.

Estimated Project Cost means the total project cost in Financing Agreements of the SPD which was used to estimate the lowest tariff.

Estimated Project Cost means Benchmark cost of MNRE (latest amendment)

Estimated Project Cost means Benchmark cost of MNRE at the time of Bid Due date.

Estimated Project Cost means the sum total of Estimated Cost of Station Development Project, Estimated Cost of Redevelopment Project and Estimated Cost of Commercial Development Project as set out in the Bid Document;