Final Estimate definition

Final Estimate means the mean of the metering data for each of the previous four equivalent days for the relevant trading period weighted in accordance with the quantity of electricity sold in the relevant trading peiod on the equivalent days in the relevant island as determined in accordance with the following formula: Eday  Eday  Eday Eday (IslandLoad )  4 3 2 1   0 4  IslandLoad 4  IslandLoad3  IslandLoad 2  IslandLoad1    4  where:Eday1 is the quantity of electricity measured at the relevant metering installation in kWh for the trading period of the equivalent day one week prior to the trading day for which the estimate is required.Eday2 is the quantity of electricity measured at the relevant metering installation in kWh for the trading period of the equivalent day two weeks prior to the trading day for which the estimate is required.Eday3 is the quantity of electricity measured at the relevant metering installation in kWh for the trading period of the equivalent day three weeks prior to the trading day for which the estimate is required.Eday4 is the quantity of electricity measured at the relevant metering installation in kWh for the trading period of the equivalent day four weeks prior to the trading day for which the estimate is required.Island Load0 means the quantity of electricity, measured in kWh, for the relevant trading period (as measured prior to the commencement of the calculation of this estimate) supplied in the island in which the relevant metering installation is located, less any measurementtaken at any metering installation for which an estimate is being obtained for the same trading period and island.Island Load1 means the quantity of electricity, measured in kWh, for the trading period of the equivalent day one week prior to the trading day for which the estimate is required (as measured prior to the commencement of the calculation of this estimate) supplied in the island in which the relevant metering installation is located, less any measurement taken at any metering installation for which an estimate is being obtained for the same trading period and island.Island Load2 means the quantity of electricity, measured in kWh, for the trading period of the equivalent day two weeks prior to the trading day for which the estimate is required (as measured prior to the commencement of the calculation of this estimate) supplied in the island in which the relevant metering installation is located, less any measurement taken at any m...
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Final Estimate means the last estimate approved by the customer, either
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Final Estimate. The Estimate which is prepared after all work defined in the contract has been completed to the satisfaction of NSPW. NSPW: Nova Scotia Public Works NSRBA: Nova Scotia Road Builders Association Project: A specific section of a highway, the location, or the type of work together with all appurtenances and constructions to be performed under a Contract. A contract document may include more than one project.
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Examples of Final Estimate in a sentence

  • If a decimal error is apparent in the product of the unit price and the quantity, the Department will use either the unit price or item total based on the closest by percentage to the unit price or item total in the Department's Final Estimate.

  • Revisions to the Certified Final Estimate will be made at no additional cost to the Department.

  • Schedule and attend a Final Estimate informational meeting with the District Construction Final Estimates Office.

  • Consultant personnel preparing the Certified Final Estimate Package shall be CTQP Final Estimates Level II.

  • After acceptance of contract, disputes or potential claims which have followed the dispute resolution processes of the Standard Specifications and these special provisions, but have not been resolved, shall be stated or restated by the Contractor, in response to the Proposed Final Estimate within the time limits provided in Section 9-1.07B, "Final Payment and Claims," of the Standard Specifications.


More Definitions of Final Estimate

Final Estimate has the meaning set forth in Section 3.03(b).
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Final Estimate means an estimate of the total costs of an MDC Project based upon the Phase III - Contract Documents, to be submitted to Miami Dade College by the Construction Manager with input and assistance by the A/E Team.
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Final Estimate means the last estimate approved by the customer either in writing or orally, as evidenced by the written repair estimate.
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Final Estimate means the customer either in writing or orally, repair estimate,
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Final Estimate means the last estimate approved
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Final Estimate means the final estimate of the cost of supplying, installing and commissioning the Solar PV System, but excluding the costs of any Additional Work, as set out in the Order Confirmation;
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Final Estimate means the Estimate plus any and all Supplements.
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