Common use of City Budget Clause in Contracts

City Budget. (a) For each City, Contractor shall provide Owner a preliminary City Budget developed from the preliminary Site count derived from the approved Preliminary City Network Design multiplied by the standard fixed price of each applicable Standard Site, based on the mix of Standard Sites predicted by the Parties upon completion of the applicable Preliminary City Network Design. Standard Sites are described on Attachment 5 hereto. (b) For each City, Contractor shall provide Owner a revised City budget when 90% of the Primary Candidate Sites for the City are selected (i.e., upon completion of Milestone RF2). This revised City Budget shall be calculated by multiplying the number of projected Sites for the City by the standard fixed price of the applicable Standard Site with estimates for the remaining 10% of undetermined Sites. (c) Contractor shall provide Owner a second revised City Budget when a Site Lease Agreement has been executed (including Master Lease Agreements) for 80% of the Sites within the Revised City Network Design (as defined in Section 3.4 below). This revised City Budget shall be calculated (i) by multiplying the number of projected Sites for the City by the standard fixed price of each applicable Standard Site, or (ii) based upon actual Site configuration and/or the xxxx of materials for such Site, if available. The City Budget shall also set forth Contractor's estimates of Permitted Reimbursable Expenses, Pass-Through Expenses and Unit Prices and provide estimates for the remaining 20% of undetermined Sites. (d) The City Budget shall be prepared for Owner's planning purposes and not Contractor's management purposes.

City Budget. (a) For each City, Contractor shall provide Owner a preliminary City Budget developed from the preliminary Site count derived from the approved Preliminary City Network Design multiplied by the standard fixed price of each applicable Standard Site, based on the mix of Standard Sites predicted by the Parties upon completion of the applicable Preliminary City Network Design. Standard Sites are described on Attachment 5 hereto. (b) For each City, Contractor shall provide Owner a revised City budget when 90% of the Primary Candidate Sites for the City are selected (i.e., upon completion of Milestone RF2). This revised City Budget shall be calculated by multiplying the number of projected Sites for the City by the standard fixed price of the applicable Standard Site with estimates for the remaining 10% of undetermined Sites. (c) Contractor shall provide Owner a second revised City Budget when a Site Lease Agreement has been executed (including Master Lease Agreements) for 80% of the Sites within the Revised City Network Design (as defined in Section 3.4 below). This revised City Budget shall be calculated (i) by multiplying the number of projected Sites for the City by the standard fixed price of each applicable Standard Site, or (ii) based upon actual Site configuration and/or the xxxx bill of materials for such Site, if available. The City Budget shall also set forth Contractor's estimates of Permitted Reimbursable Expenses, Pass-Through Expenses and Unit Prices and provide estimates for the remaining 20% of undetermined Sites. (d) The City Budget shall be prepared for Owner's planning purposes and not Contractor's management purposes.