Common use of ESTIMATED COST OF PROJECT Clause in Contracts

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is SEVENTY FIVE THOUSAND AND 00/100 DOLLARS ($75,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The cost of making the said Improvement shall be distributed between the Parties as follows: (1) PRAIRIE VILLAGE shall pay 59% of said Improvement, total share estimated to be $44,000.00. (2) OVERLAND PARK shall pay 41% of said Improvement, total share estimated to be $31,000.00. (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

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ESTIMATED COST OF PROJECT. A. The estimated cost of construction for the Improvement covered by this Agreement, exclusive of the cost of rightis One Hundred Forty-of-way or easement acquisition, is SEVENTY FIVE THOUSAND AND eight Thousand Nine Hundred and 00/100 DOLLARS ($75,000.00148,900.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The local share of the cost for construction of making the said Improvement shall be distributed between the Parties as follows: (1) PRAIRIE VILLAGE LEAWOOD shall pay 59% an estimated amount of One Hundred Thousand Nine Hundred Fifty and 00/100 Dollars ($100,950.00) of the local share of said Improvement, total share estimated to be $44,000.00. (2) OVERLAND PARK shall pay 41% an estimated amount of Forty-seven Thousand Nine Hundred Fifty and 00/100 Dollars ($47,950.00) of the local share of said Improvement, total share estimated to be $31,000.00. (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is SEVENTY FIVE ONE HUNDRED SIXTY ONE THOUSAND FORTY AND 00/100 DOLLARS ($75,000.00161,040.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, design and project administration, construction inspection, material testing and utility relocations. C. The cost of making the said Improvement shall be distributed between the Parties as follows: (1) PRAIRIE VILLAGE MERRIAM shall pay 5950% of the local share of said Improvement, total share Improvement (estimated to be $44,000.0080,520.00). (2) OVERLAND PARK shall pay 4150% of the local share of said Improvement, total share Improvement (estimated to be $31,000.0080,520.00). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for of the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is SEVENTY TWO HUNDRED TWENTY-FIVE THOUSAND AND 00/100 DOLLARS ($75,000.00225,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The cost of making the said Improvement shall be distributed between the Parties as follows: (1) PRAIRIE VILLAGE MERRIAM shall pay 5913% of the local share of said Improvement, total share Improvement (estimated to be $44,000.0029,250.00). (2) OVERLAND PARK shall pay 4187% of the local share of said Improvement, total share Improvement (estimated to be $31,000.00195,750.00). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Agreement for Preliminary Engineering Study

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is SEVENTY FIVE THOUSAND AND Forty Thousand Six Hundred and 00/100 DOLLARS ($75,000.0040,600.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The local share of the cost for construction of making the said Improvement shall be distributed between the Parties as follows: (1) PRAIRIE VILLAGE LENEXA shall pay 59% an estimated amount of Fifteen Thousand Twenty-two and 00/100 Dollars ($15,022.00) of the local share of said Improvement, total share estimated to be $44,000.00. (2) OVERLAND PARK shall pay 41% an estimated amount of Twenty-five Thousand Five Hundred Seventy-eight and 00/100 Dollars ($25,578.00) of the local share of said Improvement, total share estimated to be $31,000.00. (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is SEVENTY FIVE SIX HUNDRED THOUSAND AND 00/100 DOLLARS ($75,000.00600,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The cost of making the said Improvement shall be distributed between the Parties as follows: (1) PRAIRIE VILLAGE MERRIAM shall pay 5950% of the local share of said Improvement, total share Improvement (estimated to be $44,000.00300,000.00). (2) OVERLAND PARK shall pay 4150% of the local share of said Improvement, total share Improvement (estimated to be $31,000.00300,000.00). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for of the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is SEVENTY FIVE THOUSAND AND Nineteen Thousand and 00/100 DOLLARS ($75,000.0019,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The cost of making the said Improvement shall be distributed between the Parties as follows: (1) PRAIRIE VILLAGE MISSION shall pay 5950% of the local share of said Improvement, total share Improvement (estimated to be Nine Thousand Five Hundred and 00/100 DOLLARS ($44,000.009,500.00)). (2) OVERLAND PARK shall pay 4150% of the local share of said Improvement, total share Improvement (estimated to be Nine Thousand Five Hundred and 00/100 DOLLARS ($31,000.009,500.00)). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

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ESTIMATED COST OF PROJECT. A. The estimated cost of construction for of the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is SEVENTY FIVE THOUSAND AND Eleven Thousand Six Hundred Ninety and 00/100 DOLLARS ($75,000.0011,690.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The cost of making the said Improvement shall be distributed between the Parties as follows: (1) PRAIRIE VILLAGE LEAWOOD shall pay 5950% of the local share of said Improvement, total share Improvement (estimated to be $44,000.005,845.00). (2) OVERLAND PARK shall pay 4150% of the local share of said Improvement, total share Improvement (estimated to be $31,000.005,845.00). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for of the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is SEVENTY FIVE THOUSAND AND One Hundred Sixty-two Thousand and 00/100 DOLLARS ($75,000.00162,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The remaining cost of making the said Improvement shall be distributed between the Parties as follows: (1) PRAIRIE VILLAGE LENEXA shall pay 5950% of the local share of said Improvement, total share Improvement (estimated to be $44,000.0081,000.00). (2) OVERLAND PARK shall pay 4150% of the local share of said Improvement, total share Improvement (estimated to be $31,000.0081,000.00). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for the Improvement covered by this Agreement, exclusive of the cost of rightis One Hundred Eighty-of-way or easement acquisition, is SEVENTY FIVE THOUSAND AND five Thousand and 00/100 DOLLARS ($75,000.00185,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The local share of the cost for construction of making the said Improvement shall be distributed between the Parties as follows: (1) PRAIRIE VILLAGE shall pay 59% an estimated amount of One Hundred Sixteen Thousand Five Hundred Fifty and 00/100 Dollars ($116,550.00) of the local share of said Improvement, total share estimated to be $44,000.00. (2) OVERLAND PARK shall pay 41% an estimated amount of Sixty-eight Thousand Four Hundred Fifty and 00/100 Dollars ($68,450) of the local share of said Improvement, total share estimated to be $31,000.00. (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

ESTIMATED COST OF PROJECT. A. The estimated cost of construction for of the Improvement covered by this Agreement, exclusive of the cost of right-of-way or easement acquisition, is SEVENTY FIVE THOUSAND AND Forty-Eight Thousand and 00/100 DOLLARS ($75,000.0048,000.00). B. The cost of making the Improvement shall include: (1) Labor and material used in making the Improvement; and (2) Such other expenses which are necessary in making the Improvement, exclusive of the cost of acquiring real property and any improvement thereon for the location of the Improvement. These expenses include but are not limited to design, project administration, construction inspection, material testing and utility relocations. C. The cost of making the said Improvement shall be distributed between the Parties as follows: (1) PRAIRIE VILLAGE LENEXA shall pay 5967% of the local share of said Improvement, total share Improvement (estimated to be Thirty-Two Thousand and 00/100 DOLLARS ($44,000.0032,000.00)). (2) OVERLAND PARK shall pay 4133% of the local share of said Improvement, total share Improvement (estimated to be Sixteen Thousand and 00/100 DOLLARS ($31,000.0016,000.00)). (3) Each Party shall acquire and pay all costs associated with the right-of-way or easement acquisition for that portion of the project located within its respective boundary. Additionally, each Party shall pay the cost of financing and/or bonding its share of the project cost.

Appears in 1 contract

Samples: Public Improvement Agreement

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