Lowest Ultimate Cost definition

Lowest Ultimate Cost means the costs that results in the lowest cost of ownership, operation or purchase to the Corporation. This cost is derived from the consideration of all factors, such as price, quality, service, terms, conditions and warranties.
Sample 1Sample 2Sample 3
Lowest Ultimate Cost means the cost that results in the lowest cost of ownership, operation, or purchase to the Corporation. This cost is arrived at after considering all factors such as price, quality, service, terms and conditions and warranties.
Sample 1

Examples of Lowest Ultimate Cost in a sentence

  • Lowest Ultimate Cost and Best Overall Value to the City of RialtoA final contract will be awarded to the highest ranked competitively priced and qualified proposal.

  • Lowest Ultimate Cost and Best Overall Value to the City of RialtoA final contract will be awarded to the highest ranked competitively priced and qualified bidder.

  • The recommended Developer, LAX Integrated Express Solutions (LINXS), was the Lowest Ultimate Cost Proposer (LUCP).

Related to Lowest Ultimate Cost

  • Reference Value means the last reported sales price of the shares of Common Stock for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Reference Bond Price means, with respect to any date of redemption, (a) the arithmetic average of the Reference Government Bond Dealer Quotations for such date of redemption, after excluding the highest and lowest such Reference Government Bond Dealer Quotations, or (b) if the Determination Agent obtains fewer than four such Reference Government Bond Dealer Quotations, the arithmetic average of all such quotations;