Initial Cost Estimate. On or before the 60th day before an election for which the Participating Entity has requested election services, the Election Officer will mail and/or email to the Participating Entity a cost estimate for conducting the election. The cost estimate will include an administrative fee that is equal to 10% of the total estimated cost of conducting the Participating Entity’s election, excluding the costs of voting equipment. In the event of a joint election, the cost estimate will reflect that election costs will be divided on a pro rata basis among all entities involved in the election in the manner set forth in this Section 5. The proportional cost for the Election Officer to conduct each participating entity’s election will be calculated by dividing the number of registered voters in the territorial jurisdiction of each participating entity by the total number of registered voters for all of the participating entities involved in the joint election and multiplying that quotient by the total cost of the election. The product of these numbers is the pro rata cost share for each participating entity. The Participating Entity acknowledges and understands that if any other participating entity listed in the cost estimate cancels its election, each remaining participating entity’s pro rata cost (including the Participating Entity’s pro rata cost share) will result in a proportionate cost increase.
Initial Cost Estimate. At such time as Preliminary Plans that have been approved in writing by both the UG and Manager have been prepared, the UG will prepare an estimate of the Total Cost based on the approved Preliminary Plans ("Initial Cost Estimate"). If the Initial Cost Estimate is less than or equal to the original Project Costs Budget, then Manager and the UG will be deemed to have approved the Initial Cost Estimate. If the Initial Cost Estimate is greater than Project Costs Budget, then the UG, at the UG's option, may (i) approve the Initial Cost Estimate in writing; or (ii) elect to value engineer portions of the Project, or eliminate or revise one or more items shown on the Preliminary Plans so as to reduce the Initial Cost Estimate to be within the Project Costs Budget; or (iii) elect to terminate the Agreement. Upon any termination hereof pursuant to this Section, the Agreement shall terminate, and, except as specifically set forth herein, the parties hereto shall have no further duty or obligation hereunder and without limiting the generality of the foregoing: (a) Manager shall be liable and responsible for all costs and expenses incurred by it with respect to the Agreement and the transactions contemplated hereby, and the UG shall have no duty or responsibility of any type or nature to reimburse or otherwise pay any such costs or expenses; and (b) the UG shall be liable and responsible for all costs and expenses incurred by it with respect to the Agreement and the transactions contemplated hereby, and Manager shall have no duty or responsibility of any type or nature to reimburse or otherwise pay any such costs or expenses.
Initial Cost Estimate. For an agreed upon specific task or Deliverable, as set forth in the applicable SOW, HNS will provide an initial good faith estimate of the Allowable Costs anticipated for performance of the task or provision of the Deliverable (“Initial Cost Estimate”). The Initial Cost Estimate for each such task or Deliverable is as set forth in Appendix C.
Initial Cost Estimate. Attached hereto as Appendix D is a good-faith estimate of the initial Interconnection Costs (the "Initial Cost Estimate").
Initial Cost Estimate. Once the Third-Party Engineer has been selected by the County, the Third-Party Engineer will prepare: (A) the cost estimate for the demolition and removal of the Supporting Facilities located on, in or under property owned or managed by the County and all Towers (the “Cost Estimate”), and (B) the amount that the Cost Estimate exceeds the estimated salvage value of all Supporting Facilities and Towers (that exceeding amount, the “Net Removal Cost”). The Cost Estimate and Net Removal Cost will be made available to the public. The amount relied on by the Developer for the Cost Estimate and Net Removal Cost will be determined by the Third-Party Engineer. The Cost Estimate will be equal to one hundred percent (100%) of the estimated amount of the cost to County (which might reasonably include types of costs or amounts of costs more than what it would cost Developer) of removing the Supporting Facilities located on, in or under property owned or managed by the County or within any Road Right of Ways, and all Towers, and performing all Decommissioning Services; including without limitation: reasonable professional fees related thereto, and any funds so that the County does not encounter any delay to complete Decommissioning Services due to liens, lienholders, third party claims, or timing of County’s receipt of salvage proceeds. Developer shall pay all fees in obtaining the estimates of the Cost Estimate and the Net Removal Cost, and shall keep the Restoration Security in force throughout the remaining Term of this Agreement. The Third-Party Engineer shall re-evaluate (at the cost of the Developer) the amount of the Net Removal Cost upon each subsequent five-year anniversary of the first date that the Wind Project has entered commercial operation (“COD”) until the decommissioning is certified complete by the Third-Party Engineer, and Developer shall adjust the Restoration Security accordingly.
Initial Cost Estimate. The total estimated cost for the Relocation Work for which the District is responsible is $ (the “Initial Cost Estimate”). The Initial Cost Estimate does not include an Income Tax Component of Contribution (“ITCC”) based on OWNER’s understanding that this project is exempt from ITCC charges. In the event that the Internal Revenue Service, state, city, and/or local governmental taxing authority determines that this project is taxable, the District will reimburse OWNER for the full amount of the tax liability, plus interest, penalties, fees, and related costs. Such amounts will be paid to OWNER within 60 days after notification of such event by OWNER to the District. By execution of this document, the District hereby acknowledges that this project is funded by the District.
