Expected Cost definition

Expected Cost has the meaning set forth in Section 9.3.3.
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Expected Cost is the IPD Team’s best estimate of the final Actual Cost of the Project at the time of the Validation Study, based upon current best practices on similar IPD projects, as adjusted according to this Agreement.
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Expected Cost means at all times prior to 9 April 2021 the Old Expected Cost and from and including 9 April 2021 the New Expected Cost.
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Examples of Expected Cost in a sentence

  • Expected Cost per Unit The expected cost of the probe cannot specifically be quantified at this time; however, the components are generally inexpensive.

  • If and to the extent any deductibles on account of the Subcontractor Default Insurance policy (as described in Exhibit 5) are paid as a Cost of Work, such amount shall be added to the Allowable Cost, Expected Cost, Target Cost and EMP by way of Change Order.

  • Expected Cost: the anticipated annual need for a commodity should be used to determine the appropriate threshold.

  • Expected Cost of the ResearchThe proposed research is expected to cost approximately $50,000.

  • In order to ensure that additional MMA payments are accurately accounted for, we will require M+COs to use the same enrollment assumptions, risk scores and plan adjustments on their MMA ACR resubmits as they did on their approved ACRs for 2004.You are allowed to make adjustments on Worksheet D - Expected Cost and Variation - as long as such adjustments are supported by appropriate documentation in your back-up materials.

  • A Re-examination of Disclosure Level and the Expected Cost of Equity Capital.

  • Once the Expected Cost has been approved, the Architect’s Fees shall not be decreased as a result of any Change Order.

  • The Contract Time shall be extended appropriately and the Allowable Cost, Expected Cost, Target Cost and the EMP shall be increased by the amount of reasonable costs of shut-down, delay and start-up, plus interest as provided for in the Contract Documents.

  • Architect will have authority to order minor changes in the Work not involving adjustment in the Allowable Cost, Expected Cost, the Target Cost, the EMP or the Contract Time and not inconsistent with the intent of the Contract Documents.

  • Stabilized expected net rental income divided by URW Expected Cost.

Related to Expected Cost

  • Standard Cost means any cost computed with the use of preestablished measures.

  • Estimated Cost , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;

  • Increased Cost has the meaning specified in Section 3.01.

  • Fully Loaded Cost means the direct cost of good or service plus all applicable indirect charges and overheads.

  • Recovered Costs means any amounts referred to in clauses (d) and/or (e) of the definition of “Defaulted Mortgage Loan Purchase Price” that, at the time of determination, had been previously paid or reimbursed to any Servicer from sources other than collections on or in respect of the Mortgage Loan or the Mortgaged Property (including, without limitation, from collections on or in respect of loans other than the Mortgage Loan).

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.

  • Expected Energy has the meaning set forth in the CAISO Tariff.

  • Related Costs means lodging and, if necessary, physical protection for the Covered Person during or while waiting for Transport to the Nearest Place of Safety. Related Costs will include temporary lodging, if necessary, while a Covered Person is waiting to be transported back to the Host Country, Home Country or other country where the Policyholder that sponsored the Covered Person’s Trip is located. Benefits will not be payable for Related Costs unless We (or Our authorized assistance provider) authorize in writing, or by an authorized electronic or telephonic means, all expenses in advance, and services are rendered by Our assistance provider.

  • Estimated Costs means costs estimated by the Authority as likely to be:

  • Full Replacement Cost as used herein shall mean the actual replacement cost of the Leased Property requiring replacement from time to time including an increased cost of construction endorsement, if available, and the cost of debris removal. In the event either party believes that full replacement cost (the then-replacement cost less such exclusions) has increased or decreased at any time during the Lease Term, it shall have the right to have such full replacement cost re-determined.

  • Projected actual emissions means the maximum annual rate, in tons per year, at which an existing emissions unit is projected to emit a regulated NSR pollutant in any one of the 5 years (12-month period) following the date the unit resumes regular operation after the project, or in any one of the 10 years following that date, if the project involves increasing the emissions unit’s design capacity or its potential to emit that regulated NSR pollutant, and full utilization of the unit would result in a significant emissions increase, or a significant net emissions increase at the major stationary source.

  • Indirect Cost Rate means a device for determining in a reasonable manner the proportion of indirect costs each Program should bear. It is a ratio (expressed as a percentage) of the Indirect Costs to a Direct Cost base. If reimbursement of Indirect Costs is allowable under an Award, Grantor will not reimburse those Indirect Costs unless Grantee has established an Indirect Cost Rate covering the applicable activities and period of time, unless Indirect Costs are reimbursed at a fixed rate.

  • Bid with Lowest Evaluated Cost means the bid quoting lowest cost amongst all those bids evaluated to be substantially responsive;

  • Associated Costs means, in respect of each Preference Share, an amount (subject to a minimum of zero) equal to its pro rata share (calculated on the basis of the proportion of the aggregate number of Preference Shares outstanding as at the Early Preference Share Valuation Date) as determined by the Calculation Agent of:

  • Tax Cost means any increase in Tax payments otherwise required to be made to a Taxing Authority (or any reduction in any refund otherwise receivable from any Taxing Authority).

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Stranded cost means the amount by which the net cost of an

  • Eligible cost means as applied to a qualified project to be financed from the federal accounts, the costs that are permitted under applicable federal laws, requirements, procedures, and guidelines in regard to establishing, operating, and providing assistance from the bank. As applied to a qualified project to be financed from the state highway account, these costs include the costs of preliminary engineering, traffic and revenue studies, environmental studies, right‑of‑way acquisition, legal and financial services associated with the development of the qualified project, construction, construction management, facilities, and other costs necessary for the qualified project. As applied to any qualified project to be financed from the state transit account, eligible project costs are limited to capital expenditures for transit equipment and facilities.

  • Approved costs means the eligible costs or expenditures2 as approved by the Provider, and as defined in the Agreement or Decision on Grant Funding to carry out the Grant Project.

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Mandatory Cost means, with respect to any period, the percentage rate per annum determined in accordance with Schedule 1.01.

  • Project Cost means the costs incurred in connection with the

  • extended reduction (qualifying contributory benefits means a reduction under this scheme for which a person is eligible in accordance with paragraph 88 or 95;

  • Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • Captured assessed value means the amount in any 1 year by which the current assessed value of the development area, including the assessed value of property for which specific local taxes are paid in lieu of property taxes as determined in subdivision (w), exceeds the initial assessed value. The state tax commission shall prescribe the method for calculating captured assessed value.