Cost ceiling definition

Cost ceiling means the maximum amount the state of Wisconsin will pay as its share of the local road improvement project under this chapter.
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Cost ceiling is defined in Section 10 hereof.
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Cost ceiling means the Tenant Improvement Allowance. Within forty-five (45) days after the District’s approval or deemed approval of the Complete Plans and Specifications for the Tenant Improvements, Landlord shall provide the District with a budget (the “Turnkey Budget”) reflecting the cost of the Tenant Improvements (the “Budget Costs”) (along with reasonable supporting documentation), including, if applicable, a calculation of the amount by which the total Budget Costs exceeds the Cost Ceiling (any such excess amount, an “Excess Cost”). If the Turnkey Budget reflects an Excess Cost, the District shall within 10 Business Days after receipt of the Turnkey Budget (the “District’s Response Period”) either (a) deliver a written notice signed by the Director agreeing to pay for the Excess Cost, which payment may be through the application of the Landlord Credit (such notice, an “Excess Cost Approval Notice”), PAGE 72 OF 135 (as modified) DC DGS FORM L-105 (3/2018) 0000 Xxxxxxxxx Xxxxxx XX XX 000000000x0 EXECUTION VERSION the delivery of which Excess Cost Approval Notice shall require the certification of the availability of appropriated funds in the case of a payment other than through the application of the Landlord Credit (such payment, a “Lump Sum Excess Cost Payment”), or (b) submit to Landlord value engineering of the Tenant Improvements that, if implemented, the District anticipates would result in a Turnkey Budget with no Excess Cost or less Excess Cost (the “District’s Value Engineering”). The District may elect to use a combination of the foregoing options to apply against any Excess Costs, or reduce the Budget Costs to eliminate any potential Excess Costs. A Lump Sum Excess Cost Payment shall be payable as Additional Rent in accordance with Section 16 below. Within 10 Business Days of Landlord’s receipt of the District’s Value Engineering, Landlord shall prepare a revised Turnkey Budget and submit the same, including the revised Budget Costs, to the District. If applicable, Landlord shall direct the Project Architect to promptly revise the Complete Plans and Specifications in accordance with the District’s Value Engineering, which revised Complete Plans and Specifications shall be subject to the District’s approval. The revisions to the Turnkey Budget pursuant to the foregoing shall continue until the earlier of there being (i) a revised Turnkey Budget reflecting no Excess Cost, or (ii) the District agreeing to pay the Excess Cost pursuant to Section 10(a) above...
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Examples of Cost ceiling in a sentence

  • Cost ceiling limits have also been revised accordingly.The latest position is as under:(i) 200 times of Basic pay subject to minimum of Rs. 7.5 Lakhs and maximum of Rs. 18 Lakhs.(ii) Administrative Ministry may relax the cost ceiling upto 25% of cost ceiling mentioned above in individual cases on merits.

  • Large Regional Supplies Accessible▪ Lowland groundwater sources.▪ Columbia River.▪ Lower Cowlitz River.▪ Tidal areas of tributaries.Limited Supplies Accessible in Smaller Watersheds▪ "Reservations" for new supply meeting growth needs.▪ Mitigation requirements clearly defined in advance.▪ Cost ceiling on mitigation requirements.▪ "Off-ramp" for small systems (payment in lieu of mitigation).

  • Cost ceiling applicable for smaller towns is Rs. 4 lakh and for larger towns and cities with population more than 5 Lakhs & North-Eastern and Special Category States irrespective of their population, is Rs. 5 lakh.

  • FOI requests can also be refused where either one request or a number of requests from the same councillor (or group) for the same or similar information, over a six week period, exceed the FOI Cost ceiling (i.e. the cumulative time spent on collating the information to enable response to the requests would exceed 18 hours work).

  • Post-hospital extended care services” are statutorily defined as “extended care services furnished an individual after transfer from a hospital in which he was an inpatient for not less than 3 consecutive days before his discharge from the hospital in connection with such transfer.” 42 U.S.C. § 1395x(i).

  • NYSDOT has established a Cost ceiling for proposals submitted in response to this RFP.

  • In case the actually incurred cost is less than the Capital Cost ceiling, the lesser cost shall be taken as Capital Cost.

  • NOTE: Bid packages that come in over the Levelized Cost ceiling will not be considered for award.

  • Cost ceiling limit for the purpose of HBA (excluding the cost of plot) will be 200 times of the basic pay of the employee subject to a maximum of Rs.18 lakhs.

  • Transitional costs included items 21 Does not include individuals with no plan cost ceiling ( STAR+PLUS consumers).‌22 Cost ceiling based on TILE (Texas Index of Level of Effort).23 Does not include individuals with no plan cost ceiling (STAR+ PLUS consumers); Cost ceiling based on TILE (Texas Index of Level of Effort); Cost ceiling equal to $63,369.24 Cost ceiling equal to $59,750.25 Cost ceiling based on TILE, but cannot exceed $25,000.such as utility deposits, essential furnishings, etc.


More Definitions of Cost ceiling

Cost ceiling means the maximum amount the department will pay as its
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Cost ceiling means the maximum amount the department will pay as its share of the local road improvement project under this chapter.
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Related to Cost ceiling

  • Ceiling means the height above the ground or water of the base of the lowest layer of cloud below 6 000 m (20 000 ft) covering more than half the sky;

  • Cost outlier means cases which have an extraordinarily high cost as established in 79.1(5)“f,” so as to be eligible for additional payments above and beyond the initial DRG payment.

  • Cost center means a cost category delineated by cost reporting forms prescribed by the office.

  • State ceiling means the State’s housing credit ceiling established pursuant to Section 42(h)(3)(C) of the Code.

  • Maximum allowable cost list means a list of drugs for

  • Deactivation Avoidable Cost Rate means the formula rate established pursuant to Tariff, Part V, section 115 of this Tariff. Deactivation Date:

  • Rear Yard means a yard extending across the full width of a parcel measured perpendicularly from the rear wall(s) of the main building situated on the parcel to the rear property boundary of the parcel [see sketch in Schedule B];

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114. Deactivation Avoidable Cost Rate:

  • Salvage Yard means any non-residential property used for the storage, collection, and/or recycling of any type of equipment, and including but not limited to vehicles, appliances and related machinery.

  • Construction, panel, and floor covering adhesive means any one-component adhesive that is designed exclusively for the installation, remodeling, maintenance, or repair of:

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Side Yard means a yard of a lot extending from the front yard to the rear yard, and from the side lot line to the nearest wall of the nearest main building or structure on the lot;

  • Public improvement costs means the costs of:

  • Energy efficiency improvement means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, all of the following:

  • Turbidity means the cloudy condition of water due to the presence of extremely fine particulate materials in suspension that interfere with the passage of light.

  • PJM Region Installed Reserve Margin means the percent installed reserve margin for the PJM Region required pursuant to RAA, Schedule 4.1, as approved by the PJM Board. PJM Region Peak Load Forecast:

  • Acre-foot means the amount of water necessary to cover one acre of land to the depth of one foot, or 325,851 U.S. gallons of water.