CPCN Cost Estimate definition

CPCN Cost Estimate means Carrier’s P95 Cost estimate of Costs and Expenses as of the issuance date of the CPCN and which estimate shall show the Capped Cost Toll Limit and the Uncapped Cost Toll Estimate;
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Examples of CPCN Cost Estimate in a sentence

  • The Carrier will use all reasonable technical and commercial efforts during the Expansion to achieve a Class II/III CPCN Cost Estimate, in general accordance with AACE International recommended practices, which shall have a deemed Accuracy of +15%/-10%, with the Base Estimate assumed to be the P20 Cost.

  • The Commencement Date Toll shall be determined as the amount of the Revised Toll plus or minus: $0.07 per barrel for every additional one hundred million dollar ($100,000,000), or portion thereof, increase or decrease, respectively, in the Commencement Date Cost Estimate from the CPCN Cost Estimate, as distance adjusted for destinations other than Burnaby, provided that in no event shall the Fixed Toll include any amount in respect of Capped Costs in excess of the Capped Costs Toll Limit.

  • The Fixed Toll shall be determined as the amount of the Revised Toll plus or minus: $0.07 per barrel for every one hundred million dollar ($100,000,000), or portion thereof, increase or decrease, respectively, in the As-Built Costs and Expenses from the CPCN Cost Estimate, as distance adjusted for destinations other than Burnaby, provided that in no event shall the Fixed Toll include any amount in respect of Capped Costs in excess of the Capped Costs Toll Limit.

  • The Revised Toll shall be determined as the amount of the Fixed Toll component of the Indicative Toll for the applicable Service Option plus or minus: $0.07 per barrel for every one hundred million dollar ($100,000,000) increase or decrease, respectively, in the CPCN Cost Estimate from the Initial Cost Estimate.

  • The Commencement Date Toll shall be determined as the amount of the Revised Toll plus or minus: $0.07 per barrel for every additional one hundred million dollar ($100,000,000) increase or decrease, respectively, in the Commencement Date Cost Estimate from the CPCN Cost Estimate, provided that in no event shall the Fixed Toll include any amount in respect of Capped Costs in excess of the Capped Costs Toll Limit.

  • The Revised Toll shall be determined as the amount of the Fixed Toll component of the Indicative Toll for the applicable Service Option plus or minus: $0.07 per barrel for every one hundred million dollar ($100,000,000), or portion thereof, increase or decrease, respectively, in the CPCN Cost Estimate from the Initial Cost Estimate, as distance adjusted for destinations other than Burnaby.