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”), XX 000000000x0 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, at which time the applicable Turnkey Budget shall be the approved Turnkey Budget, and Landlord sh...
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Examples of Cost ceiling in a sentence

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

  • 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).

  • Proposing firms should also note that NYSDOT has established a Cost ceiling for proposals submitted in response to this RFP.

  • Because DRI is a single purpose entity, the Institute is not subject to the Administrative Cost ceiling of 26% applied to all NSHE teaching institutions.

  • There is a weekly threshold (set out in the Rates Sheet at the end of this Contract) below which commuting costs will not be reimbursed and reimbursement is capped at a maximum weekly sum equivalent to the relevant living away allowance for relocation Cost ceiling.

  • 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.

  • There is a weekly threshold (set out in the Rates Sheet at the end of this Contract) below which commuting costs will not be reimbursed and reimbursement is capped at a maximum weekly sum equivalent to the relevant Relocation Cost ceiling.

  • PurposeMaximum Amount Eligible for Housing Loan Interest subsidyNote 1: Basic Pay, Grade Pay, DA, IR – to be considered as on eligibility dateNote 2: In determining the FCI ceiling amount, the Cost ceiling of the house and repaying capacity of the employee should not be taken into consideration.

  • Cost ceiling for Travel associated with Additional Support - Task 8 - ! ! Cost-Plus-Fixed-Fee for performence - of Tasks 1 through 5 added to the contract under Modification No. 3 - M (240,170.00 represents reimbursable cost and $3,615.00 represents fixed f ee) ..

  • 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.


More Definitions of Cost ceiling

Cost ceiling means the maximum amount the department will pay as its
Sample 1
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.

  • Rate Ceiling The maximum per annum Mortgage Interest Rate permitted under the related Mortgage Note.

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

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or

  • 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.

  • 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.

  • LCC-300 Cost Centre E Terminus Building - Structure Lump Sum Breakdown E5 : Station (GL X7-27/M-Q, 21.96m-28.82m) Lump Sum Item LSE5.3 E5.3 : Walls Contractor's Other Charges The Contractor shall enter hereunder any specific item of work or obligation or thing which is necessary for the execution of the Works, as required by the Contract, which has been omitted from or has not been separately itemised in this Lump Sum Breakdown and for which a separate charge is required. The unit of measurement for any Contractor's Other Charges shall be "sum", with Quantity and Rate columns entered with "N/A". ---------------------------------------------------------------------------------------------------------------- To Collection of Lump Sum Item LSE5.3 *** ----------- *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. [STAMP]

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Sewage sludge fee weight means the weight of sewage sludge, in dry U.S. tons, excluding admixtures such as liming materials or bulking agents. Annual sewage sludge fees, as per section 3745.11(Y) of the Ohio Revised Code, are based on the reported sludge fee weight for the most recent calendar year.

  • Ceiling Rate means, with respect to any Calculation Period, the rate set forth as the “Ceiling Rate” on the attached Schedule I.

  • 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.

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • 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;

  • 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.

  • Total Service Charges means all charges, after application of all discounts and credits, incurred by Customer for Services provided under this Agreement, excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international access that is passed-through (Type 3/PTT) or provided by Company (Type 1), charges for security services provided by a Cybertrust Security Service Provider listed in the Guide, and other charges expressly excluded by this Agreement.

  • 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.

  • 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.

  • Nominal Rated Capability means the nominal maximum rated capability in megawatts of a Transmission Interconnection Customer’s Customer Facility or the nominal increase in transmission capability in megawatts of the Transmission System resulting from the interconnection or addition of a Transmission Interconnection Customer’s Customer Facility, as determined in accordance with pertinent Applicable Standards and specified in the Interconnection Service Agreement.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Sewage sludge weight means the weight of sewage sludge, in dry U.S. tons, including admixtures such as liming materials or bulking agents. Monitoring frequencies for sewage sludge parameters are based on the reported sludge weight generated in a calendar year (use the most recent calendar year data when the NPDES permit is up for renewal).