EPC Cost definition

EPC Cost. The total cost which the Seller will incur under the EPC Contract in carrying out and completing the EPC Works in accordance with this Agreement.
Sample 1Sample 2Sample 3
EPC Cost means Borrower’s, Parent’s or their Affiliate’s aggregate engineering, procurement and construction cost of the Solar Panel System associated with a Host Customer Agreement (it being understood and agreed that the EPC Cost of the BrightGrid Assets is as set forth on Schedule 1.1(a) and that the EPC Cost of the Haleakala Assets is as set forth on Schedule 1.1(b) ).
Sample 1
EPC Cost means Borrower’s, Parent’s or their Affiliate’s aggregate engineering, procurement and construction cost of the Solar Panel System associated with a Host Customer Agreement (it being understood and agreed that the EPC Cost of the BrightGrid Assets is as set forth on Schedule 1.1(a) and that the EPC Cost of the Haleakala Assets is as set forth on Schedule 1.1(b)).
Sample 1

Examples of EPC Cost in a sentence

  • Respondents should include the cost recovery fee in their modeling, on top of the EPC Cost and Additional Interconnection Costs (columns N and O, respectively, in Exhibit B).

  • EPC Cost The EPC cost comprises civil works and infrastructure cost and plant and machinery cost aggregating to approximately Rs. 55,552.40 million.

  • The JSPs assert that the total EPC Cost line item is too low, and at best appears to assume EPC costs for rural areas of Ameren (particularly as it relates to wages) that are not applicable to the ComEd service territory or more population-dense areas.

  • EPC Cost EstimateThe EPC cost estimates are provided in 2015 dollars.

  • Additionally, the IPA states that the Joint Solar Parties do not specifically recommend a data source that can be relied upon to update the Total EPC Cost line.

  • The Agency believes that it is reasonable to continue to rely upon the higher 2022 NREL data for total EPC Cost than the lower 2023 NREL data.

  • This change will target domestic consumers whose consumption is less than 50 kWh per month to receive a lifeline rate, whereas a slightly lower rate is currently applied for monthly consumption up to 100 kWh. 3 EPC Cost of Service and Tariff Study 2013.Under the proposal, all other consumers whose consumption is more than 50 kWh per month will be charged a flat rate.

  • Hence Sales tax on construction services is not included in the EPC Cost.

  • Certified Operator .........................................................................................................

  • Evaluated Bid Value (EBV) =EPC Cost + NPV of each year O&M Price of 20 years∑AEP of 20 years Note: Pl refer Annexure IX for sample Bid evaluation Illustration Financial evaluation of the bids and ranking shall be carried out by calculating levelised cost of generation from sum of Total EPC Price and NPV of 20 years O&M charges divided by AEP as illustrated in Annexure – IX of this RFP.

Related to EPC Cost

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Equipment Cost means, for any Item of Equipment, the gross amount paid by the Company to the manufacturer thereof, including all applicable sales taxes, and delivery charges as invoiced by such manufacturer to the Company.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • 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.

  • Total Project Cost means all the funds to complete the effort proposed by the Applicant, including DOE funds (including direct funding of any FFRDC) plus all other funds that will be committed by the Applicant as Cost Sharing.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Improvement Costs means the sum of: (i) the Planning Costs; (ii) the Construction Costs; and (iii) the Construction Management Fee.

  • Target Cost as used in this contract, means the estimated cost of this contract as initially negotiated, adjusted in accordance with paragraph (d) of this clause.

  • Estimated Construction Cost or “ECC” means the amount calculated by Contractor for the total cost of all elements of the Work based on this Agreement available at the time(s) that the ECC is prepared. The ECC shall be based on current market rates with reasonable allowance for overhead, profit and price escalation and shall include and consider, without limitation, all alternates and contingencies, designed and specified by A/E and the cost of labor and materials necessary for installation of Owner furnished equipment. The ECC shall include all the cost elements included in the AACC, as defined above, and shall represent Contractor’s best current estimate of the Guaranteed Maximum Price it will propose for the Project based on the information then available. The ECC shall not include Contractor’s Pre-Construction Phase Fee, A/E’s Fees, the cost of the land and rights-of-way, or any other costs that are the direct responsibility of Owner.

  • Trip Cost means the dollar amount of Trip payments or deposits paid by the Insured prior the Insured’s Trip Departure Date and shown on any required application which is subject to cancellation penalties or restrictions. Trip cost will also include the cost of any subsequent pre-paid payments or deposits paid by the Insured for the same Trip, after application for coverage under this plan provided the Insured amends the Application to add such subsequent payments or deposits and pays any required additional plan cost prior to the Insured’s Departure Date.

  • Direct Construction Cost means the sum of the amounts that the Construction Manager actually and necessarily incurs for General Conditions Costs, Cost of the Work and Construction Manager’s Contingency during the Construction Phase as allowed by this Agreement. Direct Construction Cost does not include Pre-Construction Phase Fees or Construction Phase Fees.

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation.

  • Estimated Cost , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;

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