Anticipated Final Cost definition

Anticipated Final Cost means the Delivery Authority’s anticipated final cost of Phase One and/or Phase Two (as the context requires) to be prepared in accordance with Clause 24 for the purpose of section 7 of the Act;
Anticipated Final Cost means, for any Phase at a given date, the aggregate of the net costs incurred from April 2012 by HS2 Ltd (and by DfT with respect to Land and property) in carrying out the Permitted Purposes in respect of that Phase, together with the anticipated net costs to be incurred by HS2 Ltd (and by DfT with respect to land and property) in delivering all remaining activities required to complete the Permitted Purposes for that Phase;

Examples of Anticipated Final Cost in a sentence

  • In this case the project will seek authority to spend from the internal monthly South East Route Investment Panel, or Route Large Projects Panel if the Anticipated Final Cost of the project exceeds £10m.

  • The Pre-Tender estimate is included at Appendix A.1.4. We have completed the evaluation of the three submitted Tenders in respect of the Technical Envelope i.e. how the works would be delivered and the Commercial Envelope i.e. the Tendered Price to deliver the works.1.5. The purpose of the paper is to provide members with an update on the Tender evaluation process, including information on the Tendered Prices and the variation between the Approved Budget and the Anticipated Final Cost (AFC).

  • As mentioned in the report to the Housing & Growth Committee on 13 September 2021 (paragraph 5.12) the review of the programme wide Anticipated Final Cost (AFC) (which encompasses all HM Government funded elements of the programme) will be reported to this Committee.

  • This exercise identified the Most Economically Advantageous Tender and the detail of the tender evaluation process and determination of the project’s Anticipated Final Cost is at Appendix A.2.1.2. Note that the Most Economically Advantageous Tender results in an Anticipated Final Cost for the project at variance with the Approved Budget.2.1.3. Approve the recommendation to award the Contract as shown at Section 5.5, with the balance of funding to be met from available Capital Reserves.

  • Anticipated Final Cost – The Anticipated Final Cost (Column G) may include unallocated contingency, the specific amount of which may vary from reporting period to reporting period.

  • That the council is working with Network Rail, HM Government (HMG) and its delivery partners to agree a revised integrated programme and update the Anticipated Final Cost (AFC) estimate for the BXT programme.

  • Cost status - Contract Sum MK53, 794,799.18 - Effect of Variations and Re-measures MK 0.00 - Contractual Claims MK 0.00 - Total Anticipated Final Cost MK53, 794,799.18 Program- Start Date: 20th November 2020 - Completion Date: 31st March 2021 - Currently on schedule.

  • This represents a current confirmed budget of £9.938m, sufficient to cover its Anticipated Final Cost (AFC) as calculated in July 2015.

  • The Client approves the Project Budget at key stages throughout the Project Life cycle and this budget is normally based on the Project Estimate or Anticipated Final Cost submitted for consideration.

  • Anticipated Final Cost is defined as follows:Anticipated Final Cost (AFC) = Actual Cost Work Performed (ACWP) + Estimate to Complete (ETC)@ award, ACWP = £0 🡪 AFC = ETC.

Related to Anticipated Final Cost

  • Normal cost means the annual cost attributable, under the actuarial cost method in use, to current and future years as of a particular valuation date, excluding any payment in respect of an unfunded actuarial liability.

  • Original Cost means the total amount paid to purchase a security, including any transaction charges related to the purchase;

  • Historical cost means the actual cost incurred in acquiring and preparing a fixed asset for use. Historical cost includes such planning costs as feasibility studies, architects' fees, and engineering studies. Historical cost does not include "start-up costs" as defined in this rule.

  • Additional Cost has the meaning assigned to such term in Section 3.01.

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.

  • Reasonable cost means a cost for a service or item that is consistent with the market standards for comparable services or items.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Good Value means that the Benchmarked Rates are within the Upper Quartile

  • Assessed value means 1 of the following:

  • Expected Final Payment Date means the March 2023 Distribution Date.

  • Initial Valuation means, when used with reference to specified Collateral, the Valuation initially performed for the Collateral as of the date on which the Collateral was added to the Collateral Pool. The Initial Valuation for each of the Initial Mortgaged Properties is as set forth in Exhibit A to the Agreement.

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.

  • Salvage value means the amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale, or, if retained, the amount at which the material recoverable is chargeable to materials and supplies, or other appropriate account.

  • Allowable cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • Total cost means the total annual cost of benefits and related costs including but not limited to claims, administration expenses, insurance premiums, consulting, auditing and advisory fees and all other costs and taxes, as reported on the insurance carrier’s most recent yearly statement, and if any, premium costs on other district school area board or public school authority statements, for the year ending no later than August 31, 2015. The aforementioned statements are to be provided to the Ministry of Education. Total Cost excludes retiree costs. The average number of Full-Time Equivalent (FTE) positions in the bargaining unit as at October 31st and March 31st for the period consistent with this clause.

  • Assessed Valuation means the amount for which the Real Property is assessed pursuant to applicable provisions of the New York City Charter and of the Administrative Code of the City of New York for the purpose of imposition of Taxes.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Full cost means the cost of providing service plus a reasonable charge for administrative overhead;

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eleven million dollars ($11,000,000.00).

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • Incremental cost means all costs that could be avoided in the medium term if a Segment was removed from the Network;

  • Intrinsic Loss Estimate means total losses under the shared loss agreements in the amount of One hundred Sixty-eight million dollars ($168,000,000.00).

  • Deficient Valuation With respect to any Mortgage Loan, a valuation of the related Mortgaged Property by a court of competent jurisdiction in an amount less than the then outstanding principal balance of the Mortgage Loan, which valuation results from a proceeding initiated under the Bankruptcy Code.