Estimated Cost definition

Estimated Cost. , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;

Estimated Cost means the cost of entire work to tender .

Estimated Cost means estimated cost put to tender for inviting financial bid from the Architect firms/Consultant for Architectural planning, designing and detailing.

Examples of Estimated Cost in a sentence

• The Work Parties may use the funds in the Performance Trust Account to perform the Work, and the Estimated Cost of the Work, and amount of financial assurance required pursuant to Paragraph 46, shall be automatically adjusted downward as such funds are used to perform the Work.

• At the time CM/GC submits its GMP Change Order proposal under Article 4.1, CM/GC shall incorporate into the Estimated Cost, Contingency, and Fee components of the proposed Guaranteed Maximum Price the corresponding components or lump sum amounts of all Change Order Sums stated in all Component Change Orders accepted as of that date by the Owner.

• To the extent the CM/GC's Estimated Cost Component of the Change Order Sum includes estimated Actual Costs for CM/GC's staff reimbursable under Section 4, Part 4, incident to mobilization of its own forces for Work under the proposed Component Change Order, CM/GC shall submit as part of its proposed Component Change Order estimated actual costs of staff based upon the initial wage and salary schedule and proposed staffing plans.

• Whenever this Contract authorizes an increase or decrease in the GMP, the increase or decrease shall operate to increase or decrease the Estimated Cost Component and Fee Component of the GMP Change Order.

• In order to ensure completion of the Work, the Work Parties shall secure, in accordance with this Paragraph, financial assurance in an amount equal to the estimated cost of implementing the remedy selected in the ROD and as further refined in the SOW, as adjusted from time to time pursuant to this Article (as adjusted, the “Estimated Cost of the Work”), which Estimated Cost of the Work is initially Twenty-four Million Dollars and No Cents ($24,000,000.00), for the benefit of the Department.

More Definitions of Estimated Cost

Estimated Cost means the cost of work or works as estimated on the basis of the tendered rate or rates agreed to between the parties of the contract.

Estimated Cost. To be cited in each individual task order" Fixed Fee: "To be cited in each individual task order" Applies to Cost-Plus-Fixed-Fee CLIN(s) only. B061 CONTRACT MAXIMUM AND CONTRACT MINIMUM GUARANTEE (MAY 2010)

Estimated Cost means estimated cost of an Item, as specified in clause 2 of the Bidding Documents;

Estimated Cost means the cost of the labor, material, and equipment necessary for construction of the contemplated project.

Estimated Cost means the total cost of constructing Works and Services estimated by the Owner’s Consulting Engineer and approved by the Village Engineer;

Estimated Cost means estimated cost put to tender for inviting financial bid from the interested bidders.

Estimated Cost means the estimated cost to maintain, repair or replace a Major