Parallel cost estimate definition
Parallel cost estimate means the method for estimating the eligible project construction cost for a proposed project that, as determined by the department, includes more than is necessary to correct a violation of a maximum contaminant level. Two cost estimates are prepared. The first is a detailed cost estimate of the project as proposed. The second, parallel, cost estimate is for a project designed to only correct the MCL violation.
Parallel cost estimate means a ratio developed by using as the numerator the cost of a project exclusive of costs added for those items under s. NR 162.07(1)(b)1., 2., 4. and 5., and as the denominator the cost of the project inclusive of those items.