Project Estimate Sample Clauses

Project Estimate. The ENGINEER will provide a project estimate summarizing all estimated construction costs.
Sample 1
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Project Estimate. The fee to complete the scope of XXXXXXXX'X work is .
Sample 1
Project Estimate. XXXX is unable to estimate the total hours needed to complete the projects outlined in Exhibit A.
Sample 1
Project Estimate attached atas GMP Exhibit C;
Sample 1
Project Estimate. The project estimate is the summary of total costs for a project for all phases of project delivery. The costs are broken out into phases identified as Right of Way (ROW), Utilities, Design, Environmental and Miscellaneous (RUDEM). Additionally, the project estimate will include projected costs for construction of the project and the Construction Engineering (CE) and indirect costs. The ROW and utility phases may not be able to be estimated until after the Field Inspection Review (FIR) Plan level. Likely, the project will have a construction project budget already identified from the planning process. This is known as the “planning level estimate”. The planning level estimate is the total cost allocated to deliver the entire project, not just the construction phase. ROW $500,000.00 Utilities $10,000.00 Design $250,000.00 Environmental $20,000.00 Miscellaneous $ - Construction Contract $5,995,605.00 CE Base Rate 1.75% $104,923.09 CE DTP charges $400,000.00 Indirect rate 12% $719,472.60 Total $8,000,000.69 This planning level estimate is utilized until the preconstruction project development process has progressed to be able to assign pay items and quantities. No later than the Final Office Review (FOR) the pay items and quantities should be entered into AASHTOWare to develop the project estimate. Project estimates of construction costs should be adjusted as the scope is refined, as staffing costs are determined, and as project design progresses. The Project Manager (PM) should work with the Engineering Estimates & Market Analysis (EEMA) team beginning no later than the FOR to refine the construction project estimate. Project estimates should be recorded in a PMWeb Estimate Capture record at each major milestone or if the scope is changed significantly. Project Cost Planner Tool can be used to develop planning level estimates through the Field Inspection Review (FIR) level estimate. Creating an Estimate Capture Record Estimate Captures in PMWeb. Engineering Estimates & Market Analysis to request a construction project estimate. Business Center Engineering Estimates & Market Analysis has Cost Data Book, Item Code Book, and Construction Cost Index Data. Estimate Review by Engineering Estimates and Market Analysis (In “Section 2.27” of this manual).
Sample 1
Project Estimate. The preliminary estimates of construction costs for projects anticipated under this MSA range from $100,000-$30 Million per project. A/E Design services for certain specific projects, due to their specialized nature or size, will be procured through the use of Project Specific RFQs, without regard to the Master Service Agreements. Firms with an A/E MSA will not be precluded from pursuing these specialized or large projects in addition to the work that they may perform under the A/E MSA.
Sample 1
Project Estimate i. Review, refine, and update the Estimate of Probable Construction Costs as previously prepared and included as the OSLAD DOC 4 form and Development Budget. ii. Availability and selection of materials iii. FSPD requested changes in the scope of the project. iv. Regular cost updates and monitoring throughout the design development of the project.
Sample 1
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Project Estimate. (a) The District estimates that total cost and expense for the Road Project will be $29,935,000.00 (“Project Estimate”), which includes (i) all costs incurred to obtain Project Funding including legal fees charged to the District by the PCIB and bond counsel and the costs of issuance for the Bonds and securing the Loans, (ii) the cost of all engineering and design work for the Road Project, and (iii) the costs for all permitting, materials, labor, and construction required to complete the Road Project. The District shall maintain its records relating to costs and expenses associated with the Road Project consistent with general accounting principles. The District shall assume sole financial responsibility for all costs associated with the Road, whether more or less than the Project Estimate and the Company shall have no liability for any costs associated with the Road Project, Road construction or the Project Funding, except for the payments to the District expressly provided in this Agreement. (b) If at any time during the Road Project, the actual costs incurred or to be incurred by the District for the Road Project are determined to exceed the Project Estimate by more than five percent (5%), the District shall provide written notice to the Company of the anticipated exceedance including an explanation of and estimate of the total excess costs over the Project Estimate. Notwithstanding anything provided herein, the Company shall not be required to repay the District through Annual Payments or otherwise for any exceedance above five percent (5%) of the Project Estimate unless and until the Company has expressly approved such exceedance in writing, which approval shall be made at the Company’s sole discretion, which may be withheld.
Sample 1

Related to Project Estimate

  • Cost Estimate The cost estimate shall set out the estimated costs for the proposed Change Order in such a way that a fair evaluation can be made. It shall include a breakdown for labor, materials, equipment and markups for overhead and profit, unless TxDOT agrees otherwise. If the work is to be performed by Subcontractors and if the work is sufficiently defined to obtain Subcontractor quotes, DB Contractor shall obtain quotes (with breakdowns showing cost of labor, materials, equipment and markups for overhead and profit) on the Subcontractor’s stationery and shall include such quotes as back-up for DB Contractor’s estimate. No markup shall be allowed in excess of the amounts allowed under Section 10.6. DB Contractor shall identify all conditions with respect to prices or other aspects of the cost estimate, such as pricing contingent on firm orders being made by a certain date or the occurrence or non-occurrence of an event.

  • Cost Estimates If this Agreement pertains to the design of a public works project, CONSULTANT shall submit estimates of probable construction costs at each phase of design submittal. If the total estimated construction cost at any submittal exceeds ten percent (10%) of CITY’s stated construction budget, CONSULTANT shall make recommendations to CITY for aligning the PROJECT design with the budget, incorporate CITY approved recommendations, and revise the design to meet the Project budget, at no additional cost to CITY.

  • Pre-Estimate The parties agree that if Market Quotation applies an amount recoverable under this Section 6(e) is a reasonable pre-estimate of loss and not a penalty. Such amount is payable for the loss of bargain and the loss of protection against future risks and except as otherwise provided in this Agreement neither party will be entitled to recover any additional damages as a consequence of such losses.

  • Estimate The Engineer shall independently develop and report quantities necessary to construct the contract in standard State bid format at the specified milestones and Final PS&E submittals. The Engineer shall prepare each construction cost estimates using Estimator or any approved method. The estimate shall be provided at each milestone submittal or in DCIS format at the 95% and Final PS&E submittals per State’s District requirement.

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • Project 3.01. The Recipient declares its commitment to the objectives of the Project. To this end, the Recipient shall carry out the Project in accordance with the provisions of Article IV of the General Conditions.

  • Project Cost An updated cost spreadsheet reflecting the current forecasted cost vs. the latest approved budget vs. the baseline budget should be included in this section. One way to track project cost is to show: (1) Baseline Budget, (2) Latest Approved Budget, (3) Current Forecasted Cost Estimate, (4) Expenditures or Commitments to Date, and (5) Variance between Current Forecasted Cost and Latest Approved Budget. Line items should include all significant cost centers, such as prior costs, right-of-way, preliminary engineering, environmental mitigation, general engineering consultant, section design contracts, construction administration, utilities, construction packages, force accounts/task orders, wrap-up insurance, construction contingencies, management contingencies, and other contingencies. The line items can be broken-up in enough detail such that specific areas of cost change can be sufficiently tracked and future improvements made to the overall cost estimating methodology. A Program Total line should be included at the bottom of the spreadsheet. Narratives, tables, and/or graphs should accompany the updated cost spreadsheet, basically detailing the current cost status, reasons for cost deviations, impacts of cost overruns, and efforts to mitigate cost overruns. The following information should be provided:

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

  • Operating Costs (a) Tenant shall maintain the Premises in their condition on the Effective Date at Tenant’s sole cost and expense. Landlord may inspect the Premises and, if Landlord reasonably determines that Tenant is not maintaining the Premises in their condition on the Effective Date, Landlord may provide Tenant with written notice of any such maintenance concern, and Tenant shall promptly make such repairs. If Tenant fails to complete such repairs within thirty (30) days of receipt of such notice, Landlord may undertake such repairs and Tenant shall be obligated to reimburse Landlord for its costs within ten (10) days of receipt of an invoice therefore. Landlord represents and warrants to Tenant that the exterior walls, foundation and roof of the Premises are in good working order on the Effective Date. Landlord will, at its cost, replace, restore, repair or maintain (as necessary) the roof until the first anniversary of the Commencement Date. Landlord will, at its cost, replace, restore, repair or maintain (as necessary) the exterior walls and foundation of the Premises until the fifth anniversary of the Commencement Date. Tenant shall be fully responsible for the replacement, restoration, repair and maintenance of the roof, exterior walls and foundation of the Premises thereafter. If Landlord fails to commence such repairs within thirty (30) days of receipt of any notice from Tenant, Tenant may undertake such repairs and Landlord shall be obligated to reimburse Tenant for its costs within ten (10) days of receipt of an invoice therefore; provided, however, that Tenant shall have no rights to offset or set off any such amounts against the Rent to be paid hereunder. If Landlord does not reimburse Tenant within ten (10) days from the date of notice, such charge shall bear interest at the rate of eighteen percent (18%) per annum until paid. Notwithstanding anything to the contrary herein contained (except for the provisions of paragraph 32 below), if Tenant makes any changes, additions or alterations to the roof of the Premises which involves penetration of the roof (other than those for telecommunications installations so long as the installation contractor has Landlord’s prior written approval which will not be unreasonably conditioned, delayed or denied), Landlord’s obligations to replace, restore, repair or maintain the roof shall cease. If Tenant undertakes any structural repairs in the Premises which impact, affect, or alter the walls or foundation of the Premises, Landlord’s obligation to replace, restore, repair or maintain that portion of the exterior walls and foundation of the Premises shall cease as of the date of such action by Tenant. Any Operating Costs that pertain to a period prior to or after the Lease Term will be pro rated between Landlord and Tenant in the proportion of the amount of the Lease Term that falls within the period to which the Operating Costs pertain. (b) Tenant shall pay all Operating Costs during the Lease Term.

  • Statement of Estimated Direct Expenses In addition, Landlord shall give Tenant a yearly expense estimate statement (the “Estimate Statement”) which shall set forth Landlord’s reasonable estimate (the “Estimate”) of what the total amount of Direct Expenses for the then-current Expense Year shall be and the estimated Tenant’s Share of Direct Expenses (the “Estimated Direct Expenses”). The failure of Landlord to timely furnish the Estimate Statement for any Expense Year shall not preclude Landlord from enforcing its rights to collect any Estimated Direct Expenses under this Article 4, nor shall Landlord be prohibited from revising any Estimate Statement or Estimated Direct Expenses theretofore delivered to the extent necessary. Thereafter, Tenant shall pay, with its next installment of Base Rent due that is at least thirty (30) days thereafter, a fraction of the Estimated Direct Expenses for the then-current Expense Year (reduced by any amounts paid pursuant to the last sentence of this Section 4.4.2). Such fraction shall have as its numerator the number of months which have elapsed in such current Expense Year, including the month of such payment, and twelve (12) as its denominator. Until a new Estimate Statement is furnished (which Landlord shall have the right to deliver to Tenant at any time), Tenant shall pay monthly, with the monthly Base Rent installments, an amount equal to one-twelfth (1/12) of the total Estimated Direct Expenses set forth in the previous Estimate Statement delivered by Landlord to Tenant.

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