Estimated Cost of the Work definition

Estimated Cost of the Work means the Cost of the Work as estimated and contained in a cost estimate prepared by the Architect/Engineer or, as applicable, the Construction Manager. In preparing the Estimated Cost of Work, the Architect/Engineer or Construction Manager, as applicable, shall be permitted to include contingencies for design, bidding and price escalation, and to include in the Construction Documents alternate bids as may be necessary to adjust the actual Cost of the Work to meet the College’s budget.
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Estimated Cost of the Work. ’ (ECW) means the estimated direct cost of the construction work.
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Estimated Cost of the Work. ’ (ECW) means the estimated direct cost of the construction work. The proposed ECW incorporated at construction contract award is the target ECW. The final ECW is negotiated during the design phase and is incorporated into the construction contract through modification.
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Examples of Estimated Cost of the Work in a sentence

  • The parties agree that the GMP for the Project is $ , consisting of the Preconstruction Fee, the Estimated Cost of the Work and the CM/GC Fee (stated as a fixed dollar lump sum amount), as follows: Preconstruction Fee: $ Estimated Cost of Work (Est.

  • COW): $ GMP (Total of above categories): $ For purposes of determining the GMP, the Estimated Cost of the Work includes the CM/GC’s Contingency, costs for General Conditions Work, and the costs of all components and systems required for a complete, fully functional facility.

  • Upon EPA’s approval, the Estimated Cost of the Work shall be deemed to be the estimate of the cost of the remaining Work in the approved proposal.

  • Upon EPA’s acceptance of a reduction in the amount of the performance guarantee, the Estimated Cost of the Work shall be deemed to be the estimated cost of completing the Work set forth in EPA’s written decision.

  • A fee based upon the following percentages of the various portions of either the Cost of the Work or the Estimated Cost of the Work: a.

  • COW): $ GMP (Total of above categories): $ For purposes of determining the GMP, the Estimated Cost of the Work includes the CM/GC’s Contingency, the Fixed Cost for GC Work, and the costs of all components and systems required for a complete, fully functional facility.

  • Preconstruction Fee + CM/GC Fee + Estimated Cost of the Work (Est.

  • To the extent that the fixed Cost of the Work is less than the Estimated Cost of the Work for a respective line item, such line item shall be reduced, and the Construction Contingency increased accordingly.

  • To the extent that the fixed Cost of the Work is greater than the Estimated Cost of the Work for a respective line item, such line item shall be increased by such amount, if available, from Construction Contingency or from an established “savings” from another line item (with that line item being reduced accordingly).

  • There are no recorded claims within 50m of the site boundary.Based on the available evidence and the site location, the risk posed by coal mining is considered to be Low.


More Definitions of Estimated Cost of the Work

Estimated Cost of the Work means the estimated value of the project as determined by the Chief Building Official.
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Estimated Cost of the Work shall have the meaning set forth in the Consent Decree.
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Estimated Cost of the Work. (ECW) means the estimated direct cost of the construction work. The proposed ECW incorporated at construction contract award is the target
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Related to Estimated Cost of the Work

  • Cost of the Work means those costs described in Paragraph 11.2.

  • 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;

  • 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.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • 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.

  • Direct Costs means the sum of the following:

  • Cleanup costs means expenses (including but not limited to legal and professional fees) incurred in testing for, monitoring, cleaning up, removing, containing, treating, neutralizing, detoxifying or assessing the effects of Pollutants.