Programmed Cost definition
Programmed Cost means the estimated cost of constructing a facility based upon the unit costs for each construction item plus a fixed contingency costs for engineering, permits, and construction as set forth in the SunCreek Specific Plan Capital Improvement Plan and its public facilities project cost estimates, as periodically updated and adopted by resolution of the Council.
Programmed Cost means the estimated cost of constructing a facility based upon the unit costs for each construction item plus fixed percentages for engineering, permits and construction contingency, as set forth in the City of Rancho Cordova Storm Drainage Impact Fee Program study, and its public facilities project cost estimates, as periodically updated and adopted by resolution of the City Council.