Budgeted Costs Sample Clauses

The "Budgeted Costs" clause defines the agreed-upon financial limits or estimates for a project or contract. It typically outlines the maximum amount that can be spent on specific tasks, phases, or the overall project, and may require parties to seek approval before exceeding these limits. This clause helps manage financial expectations, ensures cost control, and prevents disputes over unapproved expenditures by clearly establishing spending boundaries.
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Budgeted Costs. As described in Section 4.5(a). Business Day. Any weekday that is not an official holiday in the State of Florida.
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Budgeted Costs. The Approved Budgets shall set forth Costs reasonably anticipated by the Parties to be incurred for the applicable Contract Year in connection with the performance of the Services, the operation of the Facilities by C&S, and purchases and other investments in Fixed Assets in the applicable Contract Year. (a) Costs will include costs and expenses reasonably incurred in connection with the performance of the Services and the operation of the Facilities during the Term. Without limiting any of the foregoing, the term “Costs” shall include, but not be limited to, the following categories of costs and expenses: (i) “occupancy costs” for all Facilities, which shall be comprised of: (A) With respect to leased Facilities - all rent, additional rent, leasehold improvements, rental subsidies, and other costs, liabilities and obligations relating to any leases or subleases of the Facilities; (B) With respect to owned Facilities — all imputed rental amounts and depreciation expense for each applicable Facility; and (C) all real estate carrying costs including, but not limited to, common area maintenance, real estate, personal property and business taxes, utilities, insurance and customary maintenance and repair expenses (including the cost of supplies); * Confidential treatment has been requested and the redacted material has been filed separately with the Securities and Exchange Commission. (ii) all imputed rental amount and depreciation expense for all Fixed Assets owned by C&S; (iii) all amounts in respect of equipment maintenance, repair and rentals and all charges under any leases of equipment assumed by C&S or entered into by C&S in accordance with the terms of this Agreement (including without limitation, leases which constitute capital leases under GAAP) and relating to the provision of the Services; (iv) all reasonable and necessary transportation, freight and other costs relating to the provision of the Transportation Services, including but not limited to, fuel, tolls, insurance, lease and rental payments, repair and maintenance costs, payments made to contract carriers for freight services, and costs associated with inter-facility transfers of Merchandise and assets in connection with the provision of the Services; (v) all warehouse related operational costs relating to the provision of the Services, including any cost related to outside storage; (vii) all amounts charged by and payable to third party contractors and service providers (which may include an...
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Budgeted Costs. Each year, Transfrut shall establish an annual budget of its anticipated costs to facilitate the Ship Usage. Such costs shall include anticipated costs necessary to facilitate the operation of the Ships, including but not limited to maintenance and repair expenses, insurance premiums, and foreign exchange risks relating to the purchase of services and/or equipment to service the Ships. Such costs shall be provided in as reasonable detail as feasible and by category, with any relevant assumptions described, at least 120 days prior to any Automatic Renewal Date. Transfrut also agrees to provide any additional documentation supporting the budget and budget assumptions, as reasonably requested. Such costs shall be allocated and charged on per cubic feet basis of each of the Ships (the “Budgeted Costs”). During the term, Transfrut shall invoice [DAL] monthly, in advance, for payment of the Budgeted Costs relating to the Ships for the next month. The existing 2012 Budgeted Costs and projected 2013 Budgeted Costs are attached hereto as Appendix 2. Invoices shall be due and payable by [DAL] to Transfrut no later than 30 days after receipt of such invoice. Dole shall ensure that Transfrut provides [DAL] with a full accounting of any excess or deficit relating to the Budgeted Costs pursuant to the quarterly accounting costs process described in Section 2.3.
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Budgeted Costs. EPWA’s obligation to pay for the Infrastructure Improvements pursuant to the provisions of this Agreement shall not exceed $2,000,000.00 (“Maximum Costs”). The costs for the Infrastructure Improvements pursuant to this Agreement are estimated as follows: Streetscape improvements East of RR tracks to ▇▇▇▇▇ $ ▇▇▇,▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ $ 75,000 Santa Fe from 1st to Main $ 150,000 Sub-Total $ 600,000 Alley reconstruction $ 125,000 Parking along alley $ 100,000 Sidewalk along ▇▇▇▇▇ (with landscaping) $ 100,000 Water line 12” loop $ 200,000 Storm water construction $ 475,000 Traffic control / mobilization / misc. $ 150,000 Engineering $ 125,000 Contingency $ 125,000 Total Estimated Budget $ 2,000,000
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Budgeted Costs. Remunerator will cover the running and maintenance costs that have been budgeted for each FBT year. It is important to ensure that the budgeted amount is suitable to cover costs of your individual car usage, driving conditions etc.
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Budgeted Costs. Shire shall pay the Sangamo FTE costs (at the FTE Rate) and external costs incurred by Sangamo and its Affiliates in the conduct of Services in accordance with the Budget set forth in the applicable Research Plan. The FTE costs will be calculated using the FTE Rate and the number of FTEs will be calculated based on the average of the applicable percentage of weekly time attributable to the Research Program for each FTE, based on a [***] hour week, up to a maximum of [***] hours per week for each FTE. For the avoidance of doubt, external costs will be passed through to Shire with no ▇▇▇▇-up by Sangamo. Following approval of a Budget variances from such Budget [***] shall be paid by Sangamo in accordance with Section 3.3(e), unless otherwise agreed to by Shire, other than with respect to amounts incurred by Sangamo for time spent for a particular Operational Activity in excess of the amount of time set forth in the Research Plan for such activity. Solely with respect to the Operational Activities, any assistance by Sangamo to Shire or communications between Sangamo and Shire that exceed the number of hours allocated to the applicable Operational Activity in the Research Plan will not be within the scope of the Research Plan or Budget. Instead, following Shire’s request that Sangamo conduct the applicable Operational Activity and Shire’s agreement with respect to such time in excess of the applicable maximum number of hours with respect to such applicable Operational Activity, Sangamo will invoice Shire for all Sangamo FTE costs (at the FTE Rate) and external costs reasonably incurred by Sangamo and its Affiliates in connection with such additional activities in accordance with Section 3.3(g).
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Related to Budgeted Costs

  • Estimated Costs The proposed GMP Change Order shall include separately identified dollar amounts, stated as fixed sums, for Actual Costs as estimated by the Design-Builder for the complete construction of the Project, which amount shall include the all Trade Contract and Subcontract Sums, costs of materials, and any Component Change Order Sums;

  • Direct Costs The Contractor shall separately identify each item of deleted and added work associated with the change or other condition giving rise to entitlement to an equitable adjustment, including increases or decreases to unchanged work impacted by the change. For each item of work so identified, the Contractor shall propose for itself and, if applicable, its first two tiers of subcontractors, the following direct costs: (1) Material cost broken down by trade, supplier, material description, quantity of material units, and unit cost (including all manufacturing burden associated with material fabrication and cost of delivery to site, unless separately itemized); (2) Labor cost broken down by trade, employer, occupation, quantity of labor hours, and burdened hourly labor rate, together with itemization of applied labor burdens (exclusive of employer’s overhead, profit, and any labor cost burdens carried in employer’s overhead rate); (3) Cost of equipment required to perform the work, identified with material to be placed or operation to be performed; (4) Cost of preparation and/or revision to shop drawings and other submittals with detail set forth in paragraphs (e)(1) and (e)(2) of this clause; (5) Delivery costs, if not included in material unit costs; (6) Time-related costs not separately identified as direct costs, and not included in the Contractor’s or subcontractors’ overhead rates, as specified in paragraph

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Subcontract Costs Payments made by the Construction Manager to Subcontractors in accordance with the requirements of the subcontracts and this Agreement.

  • Audit Costs In the event of an audit exception or exceptions related to the services provided pursuant to the terms and conditions of this Agreement, the party responsible for not meeting the requirements set forth herein shall be responsible for the deficiency and for the cost of the audit. If the allowable expenditures cannot be determined because CONTRACTOR’s documentation is nonexistent or inadequate, according to generally accepted accounting practices, the questionable cost shall be disallowed by COUNTY.