Budgeted Cost definition

Budgeted Cost. All Stadium Project and Stadium Project Site Preparation costs will be the sole responsibility of, and be paid for by, StadiumCo as set forth herein (other than as expressly set forth herein to the contrary). • StadiumCo shall determine a project budget for the design, development, and construction of the Stadium and a reasonable contingency amount, such total cost currently estimated not to exceed $200 million (the “Budgeted Cost”). • The Budgeted Cost is inclusive of Stadium Project Site Preparation and exclusive of remediation costs for the Stadium’s specified location at 00000 XxXxxxx Xxxxx. • StadiumCo shall enter into a Guaranteed Maximum Price (“GMP”) contract for the Stadium Project. • Any surplus (i.e. the difference between Budgeted Cost and actual cost) from the construction of the Stadium shall be utilized to construct additional Stadium-controlled parking, deposited into the Capital Repairs Reserve Fund (as defined herein), or deposited into the debt service fund associated with PSV’s Stadium financing upon completion of the Stadium Project, or as otherwise mutually agreed to by the parties if the actual cost of Stadium construction is less than $190 million (and if such cost exceeds $190 million, then PSV may determine how to otherwise apply such surplus). • StadiumCo shall be responsible for any cost overruns above the Budgeted Cost. Any cost associated with specifically requested changes in the scope of the Base Stadium Plan shall be the responsibility of the party making the request except for changes which are consistent with the Base Stadium Plan (i.e., are not a change in scope) and solely attributable to ensuring public access and safety or otherwise required for any other regulatory purpose (e.g., required for any person or entity to achieve zoning, land use or permit approval, etc.); further provided, that the City shall bear the cost of any increases in the Budgeted Cost as and to the extent such additional costs are the result of public access, safety, zoning, land use or permit approval processes or requirements which are solely applicable to or otherwise targeted to the Stadium Project (e.g., “discriminatory regulations”). • During construction of the Stadium Project, the City and StadiumCo shall cooperate in seeking a determination from the Comptroller of Public Accounts of the State of Texas confirming that items of tangible personal property (including, without limitation, materials, equipment and supplies) acquired by Stadium...

Budgeted Cost for the Development of a DC Project shall equal the sum of (i) the Approved Cost of the Work for such DC Project, plus (ii) the Contingency Amount (defined in Section 2.5.1.2 below) based on such Approved Cost of the Work. Bechtel shall specify Bechxxx'x xxxposed Budgeted Cost, estimated Cost of the Work (defined in Section 2.5.5 below), Base Contingency (defined in Section 2.5.1.2) and any requested Excess Contingency (also defined in Section 2.5.1.2) for the Development of a particular DC Project in Bechxxx'x Xxxice to Proceed for such DC Project. The estimated Cost of the Work for a DC Project shall be determined by adding (a) the sum of all accepted Subcontractor bids for the Cost of the Work and (b) the General Work Requirements Amount (defined in Section 2.5.3 below). The estimated Cost of the Work for a DC Project specified in the Notice to Proceed approved and executed by Webvan for such DC Project is referred to herein as the "APPROVED COST OF THE WORK".

Budgeted Cost means (i) with respect to any given Major Improvement the estimated cost of such Major Improvement as set forth in Section III herein and (ii) with respect to any Improvement Area Improvement the estimated cost of such Improvement Area Improvement as set forth in the applicable amended Service and Assessment Plan and/or Annual Service and Assessment Plan Update.

Examples of Budgeted Cost in a sentence

• Upon the final acceptance by the City of an Authorized Improvement (or each segment or a portion thereof) and payment of all outstanding invoices by the Developer for such Authorized Improvement (or each segment or a portion thereof), if the Actual Cost of such Authorized Improvement is less than the Budgeted Cost (a “Cost Underrun”), any remaining Budgeted Cost will be available to pay Cost Overruns on any other Authorized Improvement, all as further described in the SAP.

More Definitions of Budgeted Cost

Budgeted Cost means the estimated cost of a Facility or Discrete Component as shown on Exhibit B hereto.

Budgeted Cost means, with respect to any given Authorized Improvement, the estimated cost of the improvement as set forth by phase in Exhibit D.

Budgeted Cost means the estimated cost for an Authorized Improvement as provided for in the Service and Assessment Plan.

Budgeted Cost means with respect to any given Authorized Improvement, the estimated cost of such improvement as set forth in Exhibit B; and as further described in the SAP.

Budgeted Cost means Company’s good faith estimated cost of producing The Picture, delivering The Picture to the distributor(s) thereof, and the costs related to The Offering as reflected in the Budget.

Budgeted Cost means the estimated cost for an Authorized Improvement as provided for in the SAP.

Budgeted Cost means the budget for the Development as agreed upon between the Company and the Consultant and any approved changes thereto; provided, however, “Budgeted Cost” shall not include any actual cost overruns or savings; and