Estimate to Complete definition

Estimate to Complete or “ETC” means Estimate at Completion less Incurred Costs in respect of the applicable period of time.
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Examples of Estimate to Complete in a sentence

  • The authorization shall include a general description of the required work, special instructions, estimated value (from Estimate to Complete), and the name of the individual designated as the Contract Administrator.

  • Expenditure forecast submissions shall include analysis of the cost drivers for Estimate to Complete changes, if any, from the previous projection.

  • The figure by Buthmann (2018) follows the Prevention – Appraisal – Failure (PAF) model presented by Feigenbaum (1956).

  • The Project Manager and Project Controls will review subcontract changes with the CAM to ensure these changes are consistent with the FRA EVMS change control practices and that the Estimate to Complete (ETC) amount reflects all known changes.

  • The reporting data elements are: • Monthly BCWS, BCWP, ACWP, Cost and Schedule Variance • Cumulative-to-Date BCWS, BCWP, ACWP, Cost and Schedule Variance • Cost Budget at Complete • Cost Estimate to Complete • Reprogramming Adjustment – Cost Variance • Reprogramming Adjustment – Budget The reporting format is noted in Tables 3.6.1, 3.6.2 and 3.6.3, below.

  • The Estimate to Complete (ETC) is the sum of the estimates for unopened Work Packages and remaining portions of open Work Packages.

  • The authorization will include a general description of the required work, special instructions, estimated value of the project provided by the Contractor (from Estimate to Complete), and the name of the individual designated as the Contract Administrator and vendor contact.

  • A specialized example is discussed in more detail in the following subsection.3.1.2.1 ETC Request A subset of information item, these requests propose a change to the MREFC project plan’s baseline Estimate to Complete (ETC).

  • The BAC for lower-level WBS elements, control accounts, and work packages equals the cumulative PV up to and including the last period to which it is assigned.• Estimate to Complete (ETC).

  • Changing Task (Estimate to Complete) ETC Do not change ETC in the Timesheet.

Related to Estimate to Complete

  • Annual Statement of Compliance As defined in Section 3.13.

  • Locational Deliverability Area Reliability Requirement means the projected internal capacity in the Locational Deliverability Area plus the Capacity Emergency Transfer Objective for the Delivery Year, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, less the minimum internal resources required for all FRR Entities in such Locational Deliverability Area.

  • Time for Completion means the time for completing the Works as stated in the Contract Data (or as extended under Sub-Clause 7.3), calculated from the Commencement Date.

  • Notice of Completion means a document issued by the Department or Delegated Agency at the end of project construction when all items and conditions of the approved Sediment and Stormwater Management Plan have been satisfied, post construction verification documents demonstrate that the stormwater management systems have been constructed in accordance with the approved Sediment and Stormwater Management Plan, and final stabilization of disturbed areas on the site has been achieved.

  • Certificate of Completion means the certificate of completion given by the Engineer-in- charge pursuant to clause 40 of these conditions;

  • Improvement completion assurance means a surety bond, letter of credit,

  • Time of Completion means the time for completing the execution of and passing the Tests on Completion of the Works of any section or part thereof as stated in the Contract (or as extended under Clause...) calculated from the Commencement Date

  • Time(s) for Completion means the time(s) stated in Schedule E by which the Supply or any particular Supply or part thereof must be completed, as such time(s) may be adjusted (including in relation to a particular instance of Supply), strictly in accordance with this Agreement;

  • Extended Summer Resource Price Adder means, for Delivery Years through May 31, 2018, an addition to the marginal value of Unforced Capacity as necessary to reflect the price of Annual Resources and Extended Summer Demand Resources required to meet the applicable Minimum Extended Summer Resource Requirement.

  • Current closure cost estimate means the most recent of the estimates pre- pared in accordance with § 265.142 (a), (b), and (c).

  • Construction Completion Certificate means a certificate of the I-Bank to the effect that the construction of the Project is complete.

  • Covenant Compliance Worksheet means a fully completed worksheet in the form of Attachment A to Exhibit C.

  • Environmental impact statement means a detailed written statement as required by section 102(2)(C) of the Act.

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Statement of Compliance means the statement forming part of a Tender indicating the Bidders compliance with the Specification.

  • Rent Roll shall have the meaning set forth in Section 3.18 hereof.

  • Notice of compliance means a statement confirming that a governmental entity

  • Construction Completion Date means the Completion Date of the Construction as specified in the Statutory Declaration of Completion for the Project;

  • Certificate of Substantial Completion means the certificate executed by the A/E, ODR and Contractor that documents to the best of A/E’s and ODR’s knowledge and understanding, Contractor’s sufficient completion of the work in accordance with the Contract, so as to be operational and fit for the use intended.

  • Date for Completion means the date for Completion specified in the Contract Specifics.

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Cost Estimate means the detailed projected expenditure, including material costs and overhead, equipment costs and overhead, labor costs and overhead, and all taxes associated with each major material and service component, required for a line extension. It shall also separately identify any incremental costs associated with providing premium services. The Company may, for the purpose of standardization, establish standard construction cost estimates, for basic or premium service plans, which shall not exceed, in any event, the average cost of constructing such line extensions in the area involved, in which case the term “cost estimate” as used in this section will be understood to mean the standard estimate thus established.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Estimate means to be based on technical evaluation of the sources contributing to the discharge including, but not limited to, pump capabilities, water meters, and batch discharge volumes.

  • General Conditions means the “International Development Association General Conditions for Credits and Grants”, dated July 1, 2005 (as amended through October 15, 2006).