Class 3 Cost Estimate definition

Class 3 Cost Estimate means an estimate within an expected accuracy within -20% to
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Class 3 Cost Estimate means an estimate with an expected accuracy range within - 20% to +30%. This is estimate is typically associated with the preliminary design level of definition;
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Class 3 Cost Estimate means a cost estimate with an expected accuracy within -20% to
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More Definitions of Class 3 Cost Estimate

Class 3 Cost Estimate means an estimate with an expected accuracy of -20% to +30%;
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Class 3 Cost Estimate means a cost estimate prepared by a Quantity Surveyor, with an accuracy of -20% to +30%.
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Class 3 Cost Estimate means preliminary estimates (expected level of accuracy of +30% to
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Class 3 Cost Estimate means an opinion of probable cost determined using the Association for the Advancement of cost Engineering (AACE) International Recommended Practices 1 7R-97, 1 8R-97 & 56R-O8;
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Related to Class 3 Cost Estimate

  • Cost Estimate means the detailed projected expenditure, including material costs and overhead, equipment costs and overhead, labor costs and overhead, and all taxes associated with each major material and service component, required for a line extension. It shall also separately identify any incremental costs associated with providing premium services. The Company may, for the purpose of standardization, establish standard construction cost estimates, for basic or premium service plans, which shall not exceed, in any event, the average cost of constructing such line extensions in the area involved, in which case the term “cost estimate” as used in this section will be understood to mean the standard estimate thus established.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eighteen million dollars ($18,000,000.00).

  • Operating Cost means the total cost and expense incurred in operating, managing, insuring, equipping, lighting, repairing, maintaining and policing the Real Property, including the exterior of the Real Property and the common areas, and specifically including, without limitation, items of expense for or related to: insurance premiums and deductibles, management, bookkeeping.

  • Allowable cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.