Format and Contents Sample Clauses

Format and Contents. (i) The Concessionaire may submit Escrow Documents in their usual cost estimating format; provided, that all information is clearly presented and ascertainable and submitted in accordance with the requirements of this Section 18.05. It is not the intention of this Section 18.05 to cause the Concessionaire extra work, but to ensure that the Escrow Documents will be adequate to enable complete understanding and proper interpretation for their intended use. (ii) The Escrow Documents will be submitted in English and clearly itemize the estimated costs of performing each item of the Project, including financing, administrative and related costs. Cost items will be separated into sub-items as required to present a detailed cost estimate and allow a detailed cost review. (iii) The Construction Escrow Documents will include, to the extent obtained, procured or in the possession of the Concessionaire: estimates for costs of the design professionals and consultants itemized by discipline both for development of the design, all quantity take-offs, crew size and shifts, equipment, calculations of rates of production and progress, copies of quotes from Contractors and suppliers, and memoranda, narratives, drawings and sketches showing site or work area layouts and equipment, add/deduct sheets, geotechnical reviews and consultant reports, all other information used by the Concessionaire to arrive at the estimated prices for the Project, and all information and formulae used by the Concessionaire in developing the Initial Base Case Financial Model. Estimated costs will be broken down into estimate categories for items such as 146 DMEAST #27287336 v26 direct labor, repair labor, equipment ownership and operation, expendable materials, permanent materials and subcontract costs as appropriate. Plant and equipment, indirect costs, bond rates and calculations, insurance costs and financing should be detailed. The Concessionaire’s allocation of indirect costs, contingencies, and xxxx-up will be identified. (iv) The Construction Escrow Documents will identify all costs. If detailed costs are not available to the Concessionaire, estimated unit costs are acceptable without a detailed cost estimate, provided, that labor, equipment, materials and subcontracts, as applicable, are specified, and provided further, that indirect costs, contingencies, and xxxx-up, as applicable, are allocated.