O&M Cost definition

O&M Cost or “O&M” means the costs required to operate and maintain the Contract Facility, as set out in Exhibit B, as adjusted from time to time in accordance with Exhibit J.
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O&M Cost means the estimated annual operation and maintenance cost of the Project, that Bidder may seek for first five years after COD. Such O&M Cost to include salary and consumables. However, the operations and maintenance cost that would be
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O&M Cost means the estimated annual operation and maintenance cost of the Project, that Bidder may seek for first five years after COD. Such O&M Cost to include salary and consumables. However, the operations and maintenance cost that would be paid as part of Grant in accordance with Concession Agreement would be based on the
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Examples of O&M Cost in a sentence

  • The CAISO Monthly Variable O&M Cost for each Unit shall be the product of the Unit’s Billable MWh for the Billing Month and the Unit’s Variable O&M Rate.

  • The CAISO Monthly Variable O&M Cost for each Unit is given by Equation C2-3 and is the product of the sum of Billable MWh for the Billing Month and the Unit’s Variable O&M Rate.

  • The O&M Cost shall be fixed for the term of this Implementation Agreement and shall not be subject to escalation.

  • For illustrative purposes only, if the applicable cost for purposes of the Pro-Rata O&M Cost Calculation is $100,000 per month, and 20% of the total vehicle count consisted of vehicles obligated to pay a user fee, HPTE would be responsible for $20,000 of such cost and CDOT would be responsible for $80,000 of such costs.

  • The Pro-Rata O&M Cost Calculation shall not apply to those operations and maintenance costs existing and regularly funded by CDOT prior to the implementation of the WB PPSL Project, and for which the addition of the WB PPSL Project results in a de minimus impact on overall operations and maintenance expenses with the I-70 mountain corridor.

  • HPTE and CDOT agree to allocate certain costs, as detailed in this Agreement, based on a proportion of the total number of vehicles using all lanes on the Project, with HPTE’s portion being calculated to include all vehicles obligated to pay a user fee within the Project, whether or not such user fee is actually collected, and CDOT’s portion being calculated to include all other vehicles (the “Pro-Rata O&M Cost Calculation”).

  • Such allocable share shall be based upon the Pro-Rata O&M Cost Calculation ratio or such other cost sharing allocation at CDOT and HPTE may agree to for any fiscal year.

  • In order for CDOT to timely budget for those obligations which are determined in accordance with the Pro-Rata O&M Cost Calculation, on or before [September 15] of the preceding year, HPTE shall, in cooperation with CDOT, determine the Pro-Rata O&M Cost Calculation to be utilized for the following fiscal year and notify the CDOT Chief Financial Officer in writing of the same.

  • Beginning on the commencement of “burn-in” on the day following the Deadline for Substantial Completion and continuing thereafter during the Lease Term, each Operator shall be responsible for its Pro Rata Share of the Reimbursable O&M Cost, but the Reimbursable O&M Costs shall be paid by the Operators through the Facility Manager.

  • Any revenue earned from the by-products from the wastewater treatment and/or biosolids processes at Blue Plains shall be used to offset overall O&M expenses, and be attributed, as appropriate, in proportion to the Capital Cost and/or O&M Cost allocations for those associated MJUFs. Revenue shall include, but not be limited to, any revenue generated by: water reuse, methane gas, electricity, carbon trading, compost and any other biosolids- derived products.


More Definitions of O&M Cost

O&M Cost means the estimated annual operation and maintenance cost of the Project, that Bidder may seek for first five years after COD. Such O&M Cost to include salary and consumables. However, the operations and maintenance cost that would be paid as part of Grant in accordance with Concession Agreement would be based on the lower of the following annual operation and maintenance costs of the Project: a) O&M Cost as quoted by the Selected Bidder; and (b) as actually incurred during operation by
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O&M Cost or “O&M” means the costs that are required to operate and maintain the DSM Project.
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O&M Cost means the portion of Project Cost that is quoted by the Bidder in its Financial Bid and relates to the performance of O&M Works. O&M Costs includes all the expenses required to complete the O&M Works including Management Fee and all charges, fixed costs, administrative costs, taxes, insurance costs, etc.
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O&M Cost means the operation and maintenance cost of the facilities concerned;
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O&M Cost means, for any Period, the sum of amounts payable by the Company to the Operator under the O&M Agreement.
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Related to O&M Cost

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

  • 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.

  • 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;

  • 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.

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

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

  • 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.

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

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

  • 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.

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

  • 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.

  • 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.

  • 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.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Operating Expense means salaries, wages, cost of maintenance and operation, materials, supplies, insurance and all other items normally included under recognized accounting practices, but does not include allowances for depreciation in the value of physical property.

  • 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.

  • 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;

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • 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.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • 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.

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

  • Total Project Cost means the lowest of the following: