Estimated construction costs definition

Estimated construction costs means the anticipated total costs and expenses attributable directly to the planning, design, erection and construction of the applicant’s proposed facility. The estimate shall be based upon current cost projections within the possession of the applicant. Such costs and expenses shall include, but are not limited to, the following: costs of materials, supplies and equipment, including allocable construction equipment costs; labor and management personnel compensation and salaries; contract and subcontract fees; employee benefits; employment; sales and use taxes; per diem and subsistence allowances; and all other costs necessary and incident to the construction of the proposed facility. For purposes of estimating construction costs, the proposed facility shall be described and considered to include all units and components at the proposed site location, and which are or have been included in current plans for development of the proposed site. Exempt activities and site acquisition expenditures including the acquisition costs of mineral rights and interests are not to be included in the estimated construction cost.
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Estimated construction costs has the meaning set forth in Section 3.8(b).
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Estimated construction costs means an estimated calculation of construction costs using average costs in accordance with good engineering practices and based upon the following factors: amount of service required or desired by the customer requesting the extension; size, location and characteristics of the extension, including all appurtenances; and whether or not the ground is frozen or whether other adverse conditions exist. The average cost per foot shall be calculated utilizing the prior calendar year costs, to the extent such cost basis does not exceed the current costs using current construction cost methodologies, resources and material, and working conditions, divided by the total feet of extensions by size of pipe for the prior calendar year. In no event shall estimated construction costs include costs associated with facilities built for the convenience of the utility.
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Examples of Estimated construction costs in a sentence

  • Estimated construction costs must be supported by documentation including drawings and estimates, formal bids, etc.

  • Estimated construction costs and revenue can be changed in the future period.

  • Estimated construction costs reflect the currently developed, approved schematic and environmentally studied Project segments.

  • Estimated construction costs including architectural, engineering and contractor's fees.

  • Estimated construction costs range from $130 to$200 per square foot depending on type and quality of construction.

  • Estimated construction costs for the proposed facility and an estimate of the cost differential between building the proposed facility and the least costly alternative for connecting to anexisting facility, including a map indicating construction required to accomplish and such connection.

  • Estimated construction costs are calculated using the estimated weight.

  • Appendix 7a - Plan of the proposed new developmentAppendix 7b – Estimated construction costs of the new development Appendix 7b is not for publication by virtue of Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972.

  • BG/FDR will be encashed without any notice to the supplier, if any defect is brought to the notice of the firm and supplier has not rectified the defects within the period of four weeks of the complaint.

  • Estimated construction costs will consider the conditions of the construction such as frozen ground or other adverse conditions.


More Definitions of Estimated construction costs

Estimated construction costs means an estimated calculation of construction costs using average costs in accordance with good engineering practices and based upon the following factors:
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Estimated construction costs means DRPT’s estimated cost of a particular Project, such estimated cost shall only include costs for construction, the contingency related to such construction, and the cost related to the CSXT design work, that is based upon the design shown on the Enhanced Valuation Maps and that is included in an executed agreement between the Parties (e.g., an Authorization Notice (as defined in the Engineering Agreements)) for such Project.
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Estimated construction costs means Operator's good-faith, reasonable ---------------------------- and detailed estimates of all of the costs and expenses that Operator will incur in connection with the Construction Project.
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Estimated construction costs means a preliminary estimate of the costs of the Improvements that are depicted on the Space Plans, including all architectural, engineering, contractor, and any other costs as can be determined from the Space Plans.
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Estimated construction costs means the anticipated total costs and expenses attributable directly to the planning, design, erection and construction of the applicant’s proposed facility. The estimate shall be based upon current cost projections
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Estimated construction costs means the sum of (i) the estimated cost of the real Property to be acquired by the Developer, including closing costs, and (ii) the estimated hard construction costs necessary to complete the Proposed Development, all as specifically set forth in Exhibit B of this Rebate Agreement. The Parties agree that the Estimated Construction Costs are $26,734,170.00, and that the Estimated Construction Costs exclude the costs of supplies, internal costs, and soft construction costs.
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Related to Estimated construction costs

  • 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.

  • Direct Construction Cost shall have the meaning set forth in Article 11.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Project Costs means the costs of the construction, acquisition or equipping of the Project, as further described in the Project Budget, and such other costs as may be approved in writing by the Department, provided such costs are permitted by the Act.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Acquisition Cost means the cost to acquire a tangible capital asset including the purchase price of the asset and costs necessary to prepare the asset for use. Costs necessary to prepare the asset for use include the cost of placing the asset in location and bringing the asset to a condition necessary for normal or expected use.

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.