Proposal Net Present Cost definition

Proposal Net Present Cost means the net present value of the Service Payments that would be payable under the Project Agreement as calculated using the Affordability Model.
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Proposal Net Present Cost means the net present value of the Service Payments that would be payable under the Project Agreement, plus the net present value of the Construction Period Payments, considered to be a notional senior loan repaid during the operating period, as calculated using the Affordability Model.
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Proposal Net Present Cost means the net present value of total payments set out in a Proponent’s Price Submission Form;
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Examples of Proposal Net Present Cost in a sentence

  • BC Hydro has developed a financial model (the “Affordability Model”) to determine the Proposal Net Present Cost to BC Hydro of the Project.

  • The Authority has developed an Affordability and Evaluation Model for the Proponents to use to determine their Proposal Net Present Cost and Proposal Total Capital Cost to test against the Affordability Ceiling and Capital Cost Ceiling.Each Proponent is required to calculate its Proposal Net Present Cost and Proposal Total Capital Cost using the Affordability and Evaluation Model provided by the Authority.

  • The Prices provided should be provided as a net present value of the scope item to allow for an accurate adjustment to the Proponent’s Proposal Net Present Cost.

  • Each Proponent is required to calculate its Proposal Net Present Cost using the Affordability Model provided by the Authority.

  • Each Proponent must ensure that its Proposal Net Present Cost as at the Submission Time for Financial Submissions does not exceed the Affordability Ceiling.

  • The Affordability Model discounts the cash flows to July 1, 2013 at a discount rate of 7.5%.Each Proponent is required to calculate the Proposal Net Present Cost as calculated using the Affordability Model provided by BC Hydro.

  • The Authority has developed an Affordability Model for the Proponents to use to determine their Proposal Net Present Cost to test against the Affordability Ceiling.

  • The National Church adopted the proposed Canon I.7.4, which came to be known as the "Dennis Canon." The National Church appears to have adopted the Dennis Canon for two primary reasons.

  • They are: (c) a mandatory Affordability Ceiling for the Project of $391.7 million, which Proposal Net Present Cost may not exceed; and(d) a mandatory Capital Cost Ceiling for the Project of $415.9 million, which Proposal Total Capital Costs may not exceed.Project approvals by the Authority have been based on these Affordability Requirements.


More Definitions of Proposal Net Present Cost

Proposal Net Present Cost of a Proposal means the sum of the present value of the Progress Payments during construction, the Decommissioning Payment and the Availability Payments following substantial completion that would be payable under the Project Agreement, as calculated using the Affordability Model.
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Proposal Net Present Cost means the net present value of the Construction Period Payments and Service Payments that would be payable under the Project Agreement as calculated using the Affordability and Evaluation Model.
Sample 1

Related to Proposal Net Present Cost

  • 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.

  • 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.

  • 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.

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

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

  • 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.

  • 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;

  • 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.

  • 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.

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

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • 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;

  • Manufacturing Cost means ***

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

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Proposal Form means that certain Part C of the RFP, completed and executed by the Proponent, to which this Appendix 1 is appended.

  • Rental Value means Business Income that consists of:

  • Full Replacement Cost as used herein shall mean the actual replacement cost of the Leased Property requiring replacement from time to time including an increased cost of construction endorsement, if available, and the cost of debris removal. In the event either party believes that full replacement cost (the then-replacement cost less such exclusions) has increased or decreased at any time during the Lease Term, it shall have the right to have such full replacement cost re-determined.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • 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.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • 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.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Fair Rental Value as used in this Lease, shall be equal to the annual rent per rentable square foot (including additional rent and considering any “base year” or “expense stop” applicable thereto), including all escalations, at which tenants (pursuant to leases consummated within the twelve (12) month period preceding the first day of the Option Term), are leasing non-sublease, non-encumbered, non-equity space which is not significantly greater or smaller in size than the subject space, with a comparable level of improvements (excluding any property that Tenant would be allowed to remove from the Premises at the termination of the Lease), for a comparable lease term, in an arm’s length transaction, which comparable space is located in the “Comparable Buildings,” as that term is defined in this Section 2.2.2, below (transactions satisfying the foregoing criteria shall be known as the “Comparable Transactions”), taking into consideration the following concessions (the “Concessions”): (a) rental abatement concessions, if any, being granted such tenants in connection with such comparable space; (b) tenant improvements or allowances provided or to be provided for such comparable space, and taking into account the value, if any, of the existing improvements in the subject space, such value to be based upon the age, condition, design, quality of finishes and layout of the improvements and the extent to which the same can be utilized by a general office/lab user other than Tenant; and (c) other reasonable monetary concessions being granted such tenants in connection with such comparable space; provided, however, that in calculating the Fair Rental Value, no consideration shall be given to the fact that Landlord is or is not required to pay a real estate brokerage commission in connection with Tenant’s exercise of its right to extend the Lease Term, or the fact that landlords are or are not paying real estate brokerage commissions in connection with such comparable space. The Concessions shall be reflected in the effective rental rate (which effective rental rate shall take into consideration the total dollar value of such Concessions as amortized on a straight-line basis over the applicable term of the Comparable Transaction (in which case such Concessions evidenced in the effective rental rate shall not be granted to Tenant)) payable by Tenant. The term “Comparable Buildings” shall mean the Building and those other life sciences buildings which are comparable to the Building in terms of age (based upon the date of completion of construction or major renovation of to the building), quality of construction, level of services and amenities, size and appearance, and are located in South San Francisco, California and the surrounding commercial area.

  • New business premium rate means, for each class of business as to a rating period, the lowest premium rate charged or offered, or which could have been charged or offered, by the small employer carrier to small employers with similar case characteristics for newly issued health benefit plans with the same or similar coverage;

  • Reference Balance Sheet shall have the meaning assigned to it in Section 4.3.