L1 Cost definition

L1 Cost means the lowest lump sum fee per Unit Work quoted by a Technically Qualified Bidder in accordance with process mentioned in this EOI.

Examples of L1 Cost in a sentence

  • Cost mentioned for Sl No 2 will be OPTIONAL and in no way be taken into account for evaluation of L-1 Cost.

  • After calculation of Total Overall L1 Cost, authority may release the work order to L1 Bidder for its feasible locations proposed by the Bidder in the Bid.

  • For the reward poisoning problem, where D(R) (D) is all possible datasets in which only rewards are modified from r(k) to r†,(k), we consider the following cost function.Example 4 (L1 Cost Function).

  • The L1 Cost shall be arrived on the Grand Total of Form F1.2. Delivery period : 2 to 3 weeks from PO date.

  • When ℓ is piecewise linear, (5.10) is further reduced to a linear program, as shown in the following examples.Example 1S (L1 Cost).

  • Conditional Bids shall be treated as “Non Responsive” – No Conditional bids shall be accepted.6.3 Determination of L-1:- Cost of all items of Schedule A shall be totaled and the bidder who has quoted lowest total cost in Schedule A (L-1) shall be considered successful bidder (L-1) and all other bidders shall be considered unsuccessful.

  • However, it is clearly important to understand the effect of this manipulation on both aspects of self-experience on the same task.

  • The evaluation criteria for awarding the contract shall be Overall L1 Cost of Fire Alarm System + Installation, testing, commissioning and training charges+ GST i.e. on turnkey basis) as per Section-XI Price Bid .

  • This change came after the Department had filed Direct Testimony in this proceeding.

  • Placing of Work Order to L1 Bidder : After calculation of Total Overall L1 Cost, authority may release the work order to L1 Bidder for its feasible locations proposed by the Bidder in the Bid.

Related to L1 Cost

  • 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.

  • 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.

  • 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;

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • 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.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • 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.

  • Total cost means the total annual cost of benefits and related costs including but not limited to claims, administration expenses, insurance premiums, consulting, auditing and advisory fees and all other costs and taxes, as reported on the insurance carrier’s most recent yearly statement, and if any, premium costs on other district school area board or public school authority statements, for the year ending no later than August 31, 2015. The aforementioned statements are to be provided to the Ministry of Education. Total Cost excludes retiree costs. The average number of Full-Time Equivalent (FTE) positions in the bargaining unit as at October 31st and March 31st for the period consistent with this clause.

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

  • Carrying Cost means book value of the assets and interest accrued thereon but not received;

  • Base Cost means base cost as defined in paragraph 1 of the Eighth Schedule;

  • 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.

  • 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.

  • 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.

  • Restoration Cost has the meaning set forth in Section 5.06.

  • Standard Cost means any cost computed with the use of preestablished measures.

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

  • 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 building codes, ordinances or laws, and without deduction for depreciation.

  • FTE Cost means, for any period, the FTE Rate multiplied by the number of FTEs in such period.

  • 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.

  • 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.

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

  • Normal cost means the annual cost attributable, under the actuarial cost method in use, to current and future years as of a particular valuation date, excluding any payment in respect of an unfunded actuarial liability.

  • Tax Cost means any increase in Tax payments otherwise required to be made to a Taxing Authority (or any reduction in any refund otherwise receivable from any Taxing Authority).

  • 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.