Internal Estimate definition

Internal Estimate means per km rate prepared by Authority through its internal estimates.
Internal Estimate means per km rate prepared by APSRTC through its internal estimates
Internal Estimate means per km rate prepared by the Directorate through its internal estimates

Examples of Internal Estimate in a sentence

  • The price quoted under the “Total Bid Value” should be within the range of “At Par” to “+10%” of Company’s Internal Estimate.

  • Bids with overall quoted price as indicated in the “Total Bid Value” (under RFx Information > Basic Data > Total Bid Value) below “at par” and above “10%” of Company’s Internal Estimate will be rejected straightway.

  • Bidder must quote overall price within the range of “At Par” to “+10%” of Company’s Internal Estimate.

  • If a bidder wants to quote above the Internal Estimate by certain percentage, he must declare the “Total Bid Value” equal to the sum of Internal Estimate and the desired percentage of Internal Estimate.

  • Internal Estimate of BHEL Note: Wherever more than one lowest online sealed bids are identical and lower than the estimate, the start price, would be that price arrived by reducing the lowest online sealed bid by maximum of one decrement.

  • Bids with overall quoted price as indicated in the “Total Bid Value” (under RFx Information> Basic Data > Total Bid Value) below “at par” and above “10%” of Company’s Internal Estimate will be rejected straightway.

  • If a bidder wants to quote at ‘at par’ with the Company’s Internal Estimate, he must declare the “Total Bid Value” equal to the Internal Estimate mentioned in the Covering Letter.

  • If any bidder has quoted the total price above “at par” with Company’s Internal Estimate within the permissible range, the percentage quoted above the internal estimate will be calculated and will be loaded accordingly in the rates of each and every items as specified in SOQ.

  • Bidders must quote their total price under the “Total Bid Value” (under RFx Information > Basic Data > Total Bid Value) tab within the permissible limit (‘at par’ to above 10% of Company’s Internal Estimate); otherwise the bid will be rejected straightway.

  • The Authority shall determine the responsiveness of Price Proposal of Bidder determined to be Lowest in relation to the Market rate or Authority’s Internal Estimate or Good Industry Practice.


More Definitions of Internal Estimate

Internal Estimate means expected User Fee prepared by Authority through its internal estimates.
Internal Estimate means Fare Collection Cost per Kilometre rate prepared by the Authority through its internal estimates
Internal Estimate means ETM Cost per Bus per Day rate prepared by the AMCTSL through its internal estimates
Internal Estimate means rates prepared by AMC based on various Schedules of Rates (SORs) as well as previous experiences and provided in the price proposal for each tendered item.
Internal Estimate means per km rate prepared by the authority through its internal estimates. “Good Industry Practice” shall mean the use of cost that would reasonably and ordinarily be expected from a skilled and experienced Bus Operator engaged in City Bus Operations anywhere in India.

Related to Internal Estimate

  • Internal Costs means the costs associated with each Council providing internal Council resources in relation to the City Deal which includes but is not limited to:

  • 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.

  • Internal Controls for districts means processes designed and im- plemented by districts to provide reasonable assurance regarding the achievement of objectives in the following categories:

  • Internal Auditor means the person employed or engaged by the Corporation to perform the internal audit function of the Corporation;

  • Internal control means a set of systems to ensure that financial and other records are reliable and complete and which ensure adherence to the entity's management policies, the orderly and efficient conduct of the entity, and the proper recording and safeguarding of assets and resources;

  • Internal audit means an independent appraisal activity established within a state agency as a control system to examine and evaluate the adequacy and effectiveness of other internal control systems within the agency.

  • Internal combustion engine or ‘engine’ means an energy converter, other than a gas turbine, designed to transform chemical energy (input) into mechanical energy (output) with an internal combustion process; it includes, where they have been installed, the emission control system and the communication interface (hardware and messages) between the engine's electronic control unit(s) and any other powertrain or non-road mobile machinery control unit necessary to comply with Chapters II and III;

  • Intrinsic Loss Estimate means total losses under the shared loss agreements in the amount of One hundred Sixty-eight million dollars ($168,000,000.00).

  • internal waters means any navigable river or waterway within the State of California.

  • External Auditor as used here shall mean any registered public accounting firm engaged for the purpose of preparing or issuing an audit report or performing other audit, review or attest services for the Company. Each such external auditor shall report directly to the Committee. With respect to the external auditor, the Committee shall:

  • 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.

  • Internal inspection means as complete an examination as can be reasonably made of the internal and external surfaces of a boiler or pressure vessel while it is shut down and while manhole plates, handhole plates or other inspection opening closures are removed as required by the inspector.

  • Reliability means the degree of performance of the bulk electric system that results in electricity being delivered within Reliability Standards and in the amount desired. Electric system Reliability can be addressed by considering two basic and functional aspects of electric systems, which are Adequacy and Security.

  • Internal test assessment means, but is not limited to, conducting those tests of quality assurance necessary to ensure the integrity of the test.

  • Internal dose means that portion of the dose equivalent received from radioactive material taken into the body.

  • Internal control over financial reporting means a process effected by an insurer’s board of directors, management and other personnel designed to provide reasonable assurance regarding the reliability of the financial statements, i.e., those items specified in Section 5(B)(2) through 5(B)(7) of this regulation and includes those policies and procedures that:

  • Estimates means annual estimates or supplementary estimates;

  • Internal Control Event means a material weakness in, or fraud that involves management or other employees who have a significant role in, the Borrower’s internal controls over financial reporting, in each case as described in the Securities Laws.

  • Counting center means one or more locations selected by the election officer in

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

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eighteen million dollars ($18,000,000.00).

  • Internal appeal means an internal appeal to the relevant authority in terms of section 74;

  • State Estimator means a computer model that computes the state (voltage magnitudes and angles) of the Transmission System using the network model and real-time measurements. Line flows, transformer flows, and injections at the busses are calculated from the known state and the transmission line parameters. The State Estimator has the capability to detect and identify bad measurements.

  • external company means a foreign company that is carrying on business, or non-profit activities, as the case may be, within the Republic, subject to section 23(2);

  • Financial reporting year means the latest consecutive twelve-month period for which any of the following reports used to support a financial test is prepared:

  • Internal floating roof means a cover or roof in a fixed-roof tank that rests upon or is floated upon, the liquid being contained, and is equipped with a closure seal or seals to close the space between the roof edge and the tank shell.