Total Float definition

Total Float means number of Calendar Days by which the design phase services or construction phase Work or any part of the same may be delayed without necessarily extending a pertinent schedule milestone in the Project schedule, as determined by City.
Total Float means the total number of days an activity on the longest path can be delayed without delaying the Substantial Completion Date.
Total Float is the number of calendar days by which the Work or any part of the Work may be delayed without necessarily extending a pertinent Contract Time. Total Float is by definition at least equal to Contract Float.

Examples of Total Float in a sentence

  • TAB 7 - Master Project Schedule (Summary Level) • The Summary Level schedule shall be submitted electronically on a flash drive or CD and as a Xxxxx Chart Report within the GMP Proposal showing the Activity ID, Activity Description, Original Duration, Early Start, Early Finish, Total Float, Late Start and Late Finish column titles.


More Definitions of Total Float

Total Float means the number of days from the Early Finish Date (EF) to the Late Finish Date (LF) of the activity. When the LF is later than EF, the Total Float shall be positive. When the LF and the EF are the same, the Total Float shall be zero. When the LF is earlier than the EF, the Total Float shall be negative. The Current Baseline Schedule Shall not have any negative TF. Unless otherwise specified, all references to “float” shall mean “Total Float”. Total Float shall be calculated relative to the Substantial Completion Deadline.
Total Float. The total float indicated on the Master Project Schedule shall be no less than 10% of the total Construction Phase duration (NTP to Substantial Completion). i.e. - All paths in the schedule must lead to a milestone activity for Substantial Completion, which shall be logic driven and indicate completion within approximately 90% of the time allowed by contract for the City established Substantial Completion Date. TAB 8 - Bid/Proposal Package Strategy • The Contractor shall provide a written Bid/Proposal Package Strategy for procuring subcontracts including self-performance work (other than General Conditions) as described in City’s Specification Section 01 31 00. TAB 9 - Responses to Review Comments • For resubmitted GMP Proposals, include all review comments provided by the City regarding the GMP or GMP re-submittal. • For each submittal the Contractor shall provide a written response below each original comment, stating the appropriate response to the issue and include that documentation in this section. A re-submittal may not be forwarded to City without responses to the previous review comments and included under this TAB 9.
Total Float is defined as the amount of time between the early start date and the late start date, or the early finish date and the late finish date, for each and every activity in the schedule. Float time in the schedule is a shared commodity between the County and the Contractor. Only responsible delays in activities that affect milestone dates or the Project’s completion date, as determined by CPM analysis, will be considered for a time extension. The schedule shall show the sequence and interdependence of activities required for complete performance of the work. The schedule shall be prepared and maintained in accordance with the scheduling requirements stated in this Section and shall include two (2) organized plots with the activities logically grouped using the activity coding. The Contractor shall also provide an electronic copy of the schedule via e-mail. The schedule shall encompass the time from the start of the Contract Time to the Project’s Final Completion. The longest path through the schedule shall be readily discernable on the plot of the schedule.
Total Float. The meaning set forth in the “Cost and Scheduling Controls Program Specification” in Book 3.  Value Engineering Change Proposal (VECP) – The meaning set forth in the “Description of the Value Engineering Change Proposal (VECP)” clause (Section 24.1) of the General Provisions.  Work – All services, labor, materials, and other efforts to be provided and performed by the Contractor including the following general categories: scheduling, utility relocation, demolition, permitting, survey, geotechnical, design, environmental mitigation, construction, quality control, and quality assurance for design and construction, community relations, quality inspection and testing, construction safety and security program, systems testing, preparation of CADD As-Builts, implementation of the Contractor’s extended warranty for the Project after construction completion, coordination with jurisdictional authorities (governments, public and private entities), utility companies, railroad companies, and local communities, and other efforts necessary or appropriate to complete the design and construction of the Project, and to ensure the Project’s ultimate readiness for passenger rail operations, except for those efforts which the Contract specifies will be performed by the Authority or other Persons.  Working Day – Each weekday that is not an Authority Designated Holiday.

Related to Total Float

  • Market Capitalization means an amount equal to (i) the total number of issued and outstanding shares of common stock or common equity interests of the IPO Entity on the date of the declaration of the relevant dividend multiplied by (ii) the arithmetic mean of the closing prices per share of such common stock or common equity interests for the 30 consecutive trading days immediately preceding the date of declaration of such dividend.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Leverage means the aggregate amount of indebtedness of the Company for money borrowed (including purchase money mortgage loans) outstanding at any time, both secured and unsecured.

  • Leverage Factor means the leverage factor in respect of a Series of ETP Securities as specified in the relevant Final Terms.