Common use of Costs of the Work Clause in Contracts

Costs of the Work. (a) The Owner’s costs for Adjustment of each Owner Utility shall be derived from (i) the accumulated total of costs incurred by the Owner for design and construction of such Adjustment, plus (ii) the Owner’s other related costs to the extent permitted pursuant to Paragraph 5(c) (including without limitation the eligible engineering costs incurred by the Owner for design prior to execution of this Agreement), plus (iii) the Owner’s right of way acquisition costs, if any, which are reimbursable pursuant to Paragraph 16. (b) The Owner’s costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]: (1) Actual costs accumulated in accordance with a work order accounting procedure prescribed by the applicable Federal or State regulatory body ("Actual Cost"); or (2) Actual costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations ("Actual Cost"); or (3) The agreed sum of $ (“Agreed Sum”), as supported by the analysis of estimated costs attached hereto as part of Exhibit A.

Appears in 9 contracts

Samples: Project Utility Adjustment Agreement, Project Utility Adjustment Agreement, Utility Adjustment Agreement

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Costs of the Work. (a) The Owner’s costs for Adjustment of each Owner Utility shall be derived from from: (i) the The accumulated total of costs incurred by the Owner for design and construction of such Adjustment, plus plus (ii) the The Owner’s other related costs to the extent permitted pursuant to Paragraph 5(c) (including without limitation the eligible engineering costs incurred by the Owner for design prior to execution of this Agreement), plus plus (iii) the The Owner’s right of way acquisition costs, if any, which are reimbursable pursuant to Paragraph 16. (b) The Owner’s costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one (1) box]: (1) Actual costs accumulated in accordance with a work order accounting procedure prescribed by the applicable Federal or State regulatory body ("Actual Cost"); or; (2) Actual costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations ("Actual Cost"); or (3) The agreed sum of $ (“Agreed Sum”), as supported by the analysis of estimated costs attached hereto as part of Exhibit A.

Appears in 2 contracts

Samples: Project Utility Adjustment Agreement, Project Utility Adjustment Agreement

Costs of the Work. (a) The Owner’s costs for Adjustment of each Owner Utility shall be derived from from: (i1) the The accumulated total of costs incurred by the Owner for design and construction of such Adjustment, plus plus (ii2) the The Owner’s other related costs to the extent permitted pursuant to Paragraph 5(c5(b) (including without limitation the eligible engineering costs incurred by the Owner for design prior to execution of this Agreement), plus plus (iii3) the The Owner’s right of way acquisition costs, if any, which are reimbursable pursuant to Paragraph 16. (b) The Owner’s costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]: (1) Actual costs accumulated in accordance with a work order accounting procedure prescribed by the applicable Federal or State regulatory body ("Actual Cost"); or; (2) Actual costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations ("Actual Cost"); or (3) The agreed sum of $ (“Agreed Sum”), as supported by the analysis of estimated costs attached hereto as part of Exhibit A.

Appears in 1 contract

Samples: Project Utility Adjustment Agreement

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Costs of the Work. (a) The Owner’s costs for Adjustment of each Owner Utility shall be derived from (i) the accumulated total of costs incurred by the Owner for design and construction of such Adjustment, plus (ii) the Owner’s other related costs to the extent permitted pursuant to Paragraph 5(c) (including without limitation the eligible engineering costs incurred by the Owner for design prior to execution of this Agreement), plus (iii) the Owner’s right of way acquisition costs, if any, which are reimbursable pursuant to Paragraph 16. (b) The Owner’s costs associated with Adjustment of the Owner Utilities shall be developed pursuant to the method checked and described below [check only one box]: (1) Actual costs accumulated in accordance with a work order accounting procedure prescribed by the applicable Federal or State regulatory body ("Actual Cost"); or (2) Actual costs accumulated in accordance with an established accounting procedure developed by the Owner and which the Owner uses in its regular operations ("Actual Cost"); or (3) The agreed sum of $ (“Agreed Sum”), as supported by the analysis of estimated costs attached hereto as part of Exhibit A.A. Project Utility Adjustment Agreement (Owner Managed)

Appears in 1 contract

Samples: Project Utility Adjustment Agreement

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