Estimating system definition

Estimating system means the Contractor's policies, procedures, and practices for budgeting and planning controls, and generating estimates of costs and other data included in proposals submitted to customers in the expectation of receiving contract awards. Estimating system includes the Contractor's—
Estimating system means the Contractor’s policies, procedures, and practices for budgeting and planning controls, and generating estimates of costs and other data included in proposals submitted to customers in the expectation of receiving contract awards or contract modifications. Estimating system includes the Contractor’s:
Estimating system means the system, including pricing guidelines, which is designated by Citizens for use in the estimation of costs related to a loss. The Estimating System as of the Effective Date is Xactimate, which is third party computer software licensed by Citizens. Citizens may change such system by providing sixty (60) days’ notice to Vendor’s Contract Manager.

Examples of Estimating system in a sentence

  • These include: The EQ Cost Estimating system; and The EQ Online Training system- "EQ University" These are not patented or legally protected and are based on commercial software, namely MS Access.

  • Estimating system means the contractor's policies, procedures, and practices for generating estimates of costs and other data included in proposals submitted to customers in the expectation of receiving contract awards.


More Definitions of Estimating system

Estimating system means an automobile collision
Estimating system means the contractor's policies, procedures, and practices for generating estimates of costs and other data included in proposals submitted to customers in the expectation of receiving contract awards. The estimating system includes the contractor's organizational structure; established lines of authority, duties, and responsibilities; internal controls and managerial reviews; workflow, coordination, and communication; and estimating methods, techniques, accumulation of historical costs, and other analyses used to generate cost estimates.
Estimating system means the Offeror's policies, procedures, and practices for budgeting and planning controls, and generating estimates of costs and other data included in proposals submitted to customers in the expectation of receiving Task Order awards. Estimating system includes:
Estimating system. The offeror shall provide a summary description of the offeror’s standard estimating system or method used in preparing the proposal. The summary description shall cover separately each major cost element (e.g., direct material, engineering labor, indirect costs, other direct costs, overhead, G&A, etc.). Also, identify any deviations from the offeror’s standard estimating procedures in preparing this proposal. The offeror must have a system that has been approved by the Government.
Estimating system means an automobile collision damage
Estimating system means the Contractor's policies, procedures, and practices for generating estimates of costs and other data included in proposals submitted to customers in the expectation of receiving contract awards.