Project Cost a. The estimated cost of the Project is $6,000,000.00. This amount is based upon the Schedule of Financial Assistance in Exhibit "B", Schedule of Financial Assistance, attached and incorporated in this Agreement. The Schedule of Financial Assistance may be modified by execution of an amendment of the Agreement by the Parties.
Project Cost. An updated cost spreadsheet reflecting the current forecasted cost vs. the latest approved budget vs. the baseline budget should be included in this section. One way to track project cost is to show: (1) Baseline Budget, (2) Latest Approved Budget, (3) Current Forecasted Cost Estimate, (4) Expenditures or Commitments to Date, and (5) Variance between Current Forecasted Cost and Latest Approved Budget. Line items should include all significant cost centers, such as prior costs, right-of-way, preliminary engineering, environmental mitigation, general engineering consultant, section design contracts, construction administration, utilities, construction packages, force accounts/task orders, wrap-up insurance, construction contingencies, management contingencies, and other contingencies. The line items can be broken-up in enough detail such that specific areas of cost change can be sufficiently tracked and future improvements made to the overall cost estimating methodology. A Program Total line should be included at the bottom of the spreadsheet. Narratives, tables, and/or graphs should accompany the updated cost spreadsheet, basically detailing the current cost status, reasons for cost deviations, impacts of cost overruns, and efforts to mitigate cost overruns. The following information should be provided: • Reasons for each line item deviation from the approved budget, impacts resulting from the deviations, and initiatives being analyzed or implemented in order to recover any cost overruns. • Transfer of costs to and from contingency line items, and reasons supporting the transfers. • Speculative cost changes that potentially may develop in the future, a quantified dollar range for each potential cost change, and the current status of the speculative change. Also, a comparison analysis to the available contingency amounts should be included, showing that reasonable and sufficient amounts of contingency remain to keep the project within the latest approved budget. • Detailed cost breakdown of the general engineering consultant (GEC) services (if applicable), including such line items as contract amounts, task orders issued (amounts), balance remaining for tasks, and accrued (billable) costs. • Federal obligations and/or disbursements for the project, compared to planned obligations and disbursements.
Project Cost a. The estimated total cost of the Project is $ . This amount is based upon Exhibit "B", Schedule of Financial Assistance. The timeline for deliverables and distribution of estimated amounts between deliverables within a grant phase, as outlined in Exhibit "B", Schedule of Financial Assistance, may be modified by mutual written agreement of the Parties and does not require execution of an
Project Cost. The reasonable cost of the Project is estimated to be $<insert Project Cost>.
Project Cost. The Parties expressly agree that the cost of construction of the Project, as on the Bid Date, which is due and payable by the Authority to the Concessionaire, shall be deemed to be Rs. ………..(Rupees……………) (the “Project Cost”).£1The Parties further agree that the Project Cost specified hereinabove for payment to the Concessionaire shall be inclusive of the cost of construction, interest during construction, working capital, physical contingencies and all other costs expenses and charges for and in respect of construction of the Project, save and, except any additional costs arising on account of variation in Price Index, Change of Scope, Change in Law, Force Majeure or breach of this Agreement, which costs shall be due and payable to the Concessionaire in accordance with the provisions of the Agreement. For the avoidance of doubt, the Project Cost specified herein represents the amount due and payable by the Authority to the Concessionaire and may be less than equal to, or more than the Total Project Cost.
Project Cost. The estimated cost of the Project is $ (Project Cost), which the Parties shall share as set out below. If the final cost of the Project is less than this estimated Project Cost, the final amounts owed will be adjusted based on the percentages.
Project Cost. “Project Cost” shall mean the total cost of the Construction Projects, or for each of the respective Construction Projects, as the context may require.
Project Cost. The City shall pay Contractor an amount not to exceed $XXXXX for services listed in Section 2 above.
Project Cost. The total budgetary ceiling for the Project is $1,953,796.00. The budget, including tasks, is summarized below and detailed in the UPWP, Exhibit “A”. The budget may be modified by mutual agreement as provided for in paragraph 7, Amendments. The Department’s performance and obligation to pay under this Agreement is contingent upon an annual appropriation by the Legislature. No work shall begin before the Agreement is fully executed and a "Letter of Authorization" is issued by the Department. The total of all authorizations shall not exceed the annual budgetary ceiling established below and shall be completed within the term of this Agreement: FINANCIAL PROJECT NO. FISCAL YEAR AMOUNT 439333-1-14-01 2017 $763,630.00 439333-1-14-02 2017 $349,995.00 439333-1-14-01 2018 $640,171.00 439333-1-14-02 2018 $200,000.00
Project Cost. The Project Cost refers to the total amount of funding required to deliver the Project. 2022/23 2023/24 2024/25 Total (£) Grant £435,547 £1,620,219 £801,149 £2,856,916.00 Total (£) £435,547 £1,620,219 £801,149 £2,856,916.00
