Overall Unit Cost definition

Overall Unit Cost means the overall unit cost for delivering the projects’ primary result as calculated in the Payment Trigger Calculator which is the full cost of delivering the Project divided by the number of Results.
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Overall Unit Cost means, where applicable, the total Output Related Funding divided by the number of Sustained Outcomes.
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Overall Unit Cost means the total Output Related Funding divided by the number of Sustained Outcomes. The overall unit cost for [ ] programme/project is [words] pounds sterling (£[numbers]. Where the Authority exercises its right to reduce, suspend or withhold GLA Funding, or require all or part of the GLA Funding to be repaid pursuant to Clause 7.1, where the sums in question relate to GLA Funding paid in respect of Project Outputs the GLA Funding may be re-calculated based on the revised maximum number of Sustained Outcomes deemed achievable by the Authority (at its discretion) and multiplied by the Overall Unit Cost, regardless of the associated value of the volume of prior Project Outputs achieved at the date on which the GLA notifies the Recipient of its exercise of its Clause 7.1 rights provided always that the Authority reserves the right to apply an alternative methodology to re- calculate the GLA Funding amount.
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Examples of Overall Unit Cost in a sentence

  • The Overall Unit Cost for delivering a single Primary Result is calculated by dividing the Lifetime Grant Value by the total number of Primary Results that a Project will deliver.

  • The original Overall Unit Cost and Conversion Rates are used so that we protect and maintain the value for money proposed by you during the competitive stages of the Grant Award process.

  • The Overall Unit Cost for a Primary Result must normally be maintained if there is any increase in Lifetime Grant Value.

  • If a decrease in your Lifetime Grant Value is being proposed, and a revised target for Primary Results and Conversion Rates which meets the conditions in paragraph 215 cannot be agreed, at our discretion we may calculate your revised Lifetime Grant Value based on the Overall Unit Cost and the Outputs and Results that you have achieved to date and this recalculation may result in you being required to repay a proportion of the ESF Grant Funding already paid to you in order to maintain value for money.

  • In your application for ESF Grant Funding you will have provided a “Maximum Project Value”, representing the maximum ESF Grant Funding that you believe you would be able to claim, if more ESF Grant Funding were available, based on the Unit Rates and Overall Unit Cost calculated in the Payment Trigger Calculator submitted with your Application.

  • As explained in paragraph 221 above, where an increase in the Overall Unit Cost arises due to underperformance and/or a reduction in the Project’s Lifetime Grant Value, we will consider the circumstances and any related actions taken before deciding whether or not to require repayment of any ESF Grant Funding.

  • The original Overall Unit Cost and Conversion Rates are used so that we protect and maintain the value for money proposed y You during the competitive stages of the Grant Agreement tender process.

  • Also, it is important to note that property taxes associated with the UV Facility are currently included in a separate line item for UV real estate taxes.

  • The Overall Unit Cost for a Primary Result must normally be maintained ifthere is any increase in Lifetime Grant Value.

  • If a decrease in Your Lifetime Grant Agreement Value is being proposed, and a revised target for Primary Results and Conversion Rates which meets the conditions in paragraph200 cannot be agreed, at our discretion we may calculate Your revised Lifetime Grant Agreement Value based on the Overall Unit Cost and the Outputs and Results that you have achieved to date and initiate clawback to maintain value for money.


More Definitions of Overall Unit Cost

Overall Unit Cost means the overall unit cost for sustaining engagement for 52 weeks’ as calculated in the Payment Trigger Calculator which is the full cost of delivering the Project divided by the number of 52 week sustained engagement outcomes. "Participant Data Form" is the name used for the submission and storage of data on the online Diesel Database which is the electronic database provided by the GLA onto which all data regarding participants and the stages of their progression is entered by you in accordance with Schedule 3 (Project Reporting and Evaluation Requirements);
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Overall Unit Cost means the total Output Related Funding divided by the number of Sustained Outcomes. The overall unit cost for Haringey Work Routes project is three thousand one hundred and eighty seven pounds sterling (£3,187.00). Where the Authority exercises its right to reduce, suspend or withhold GLA Funding, or require all or part of the GLA Funding to be repaid pursuant to Clause 7.1, where the sums in question relate to GLA Funding paid in respect of Project Outputs the GLA Funding may be re-calculated based on the revised maximum number of Sustained Outcomes deemed achievable by the Authority (at its discretion) and multiplied by the Overall Unit Cost, regardless of the associated value of the volume of prior Project Outputs achieved at the date on which the GLA notifies the Recipient of its exercise of its Clause 7.1 rights provided always that the Authority reserves the right to apply an alternative methodology to re-calculate the GLA Funding amount.
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Overall Unit Cost means the total Output Related Funding divided by the number of Sustained Outcomes. The overall unit cost for Opportunity Investment Fund programme/project is One Thousand Five Hundred pounds sterling (£1,500) average per m2 floorspace created/improved and Fifteen Thousand Seven Hundred pounds (£15,700) average per FTE job created. Where the Authority exercises its right to reduce, suspend or withhold GLA Funding, or require all or part of the GLA Funding to be repaid pursuant to Clause 7.1, where the sums in question relate to GLA Funding paid in respect of Project Outputs the GLA Funding may be re-calculated based on the revised maximum number of Sustained Outcomes deemed achievable by the Authority (at its discretion) and multiplied by the Overall Unit Cost, regardless of the associated value of the volume of prior Project Outputs achieved at the date on which the GLA notifies the Recipient of its exercise of its Clause 7.1 rights provided always that the Authority reserves the right to apply an alternative methodology to re- calculate the GLA Funding amount.
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Overall Unit Cost means the total Output Related Funding divided by the number of Sustained Outcomes.. The overall unit cost for Haringey Brighter Futures
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Overall Unit Cost means where applicable the total Output Related Funding divided by the number of Sustained Outcomes. The overall unit cost for Westway Trust Portobello High Street Fund project is Two Hundred and Fifty Thousand Pounds pounds sterling (£250,000). Where the Authority exercises its right to reduce, suspend or withhold GLA Funding, or require all or part of the GLA Funding to be repaid pursuant to Clause 7.1, where the sums in question relate to GLA Funding paid in respect of Project Outputs the GLA Funding may be re-calculated based on the revised maximum number of Sustained Outcomes deemed achievable by the Authority (at its discretion) and multiplied by the Overall Unit Cost, regardless of the associated value of the volume of prior Project Outputs achieved at the date on which the GLA notifies the Recipient of its exercise of its Clause 7.1 rights provided always that the Authority reserves the right to apply an alternative methodology to re-calculate the GLA Funding amount.
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Overall Unit Cost means, where applicable, the total Output Related Funding divided by the number of Sustained Outcomes.[The overall unit cost for [ ] programme/project is [words] pounds sterling (£[numbers].] Where the Authority exercises its right to reduce, suspend or withhold GLA Funding, or require all or part of the GLA Funding to be repaid pursuant to Clause 7.1, where the sums in question relate to GLA Funding paid in respect of Project Outputs the GLA Funding may be re-calculated based on the revised maximum number of Sustained Outcomes deemed achievable by the Authority (at its discretion) and multiplied by the Overall Unit Cost, regardless of the associated value of the volume of prior Project Outputs achieved at the date on which the GLA notifies the Recipient of its exercise of its Clause 7.1 rights provided always that the Authority reserves the right to apply an alternative methodology to re-calculate the GLA Funding amount.
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Related to Overall Unit Cost

  • 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;

  • 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.

  • 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.

  • 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.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Gross weight means the aggregate weight of a vehicle or combination of vehicles and the load

  • Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • 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 Requirements, and without deduction for depreciation.

  • 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;

  • Total Project Cost means all the funds to complete the effort proposed by the Applicant, including DOE funds (including direct funding of any FFRDC) plus all other funds that will be committed by the Applicant as Cost Sharing.

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