Whole Life Costs definition

Whole Life Costs means the whole costs of the provision of the works, goods and/or services from inception to disposal including any annual maintenance costs or annual fees (i.e. software licences)
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Whole Life Costs means, in relation to any Medium Value Change or High Value Change, the estimated and (to the extent that such information is available) the actual cost of operating and maintaining such Change over its intended design life (consistent with the Service Provider Response).
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Whole Life Costs has the meaning given to it in Schedule 21 Part 1 (Change Works means all of the works (including design and works necessary for obtaining access to the Site, commissioning and conduct of the Tests) to be undertaken in accordance with this Contract in accordance with the Works Requirements, Commissioning Requirements and the Works Method Statements; Works Commencement Longstop Date
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Examples of Whole Life Costs in a sentence

  • Improvements in the combination of Whole Life Costs and the quality that meets the user’s requirements.

  • The Supplier shall provide all quotations in a manner that enables Contracting Authorities to understand Whole Life Costs and clearly demonstrates to Contracting Authorities the different costs associated with their procurement.

  • It is also the aim of this policy to introduce the concept of Whole Life Costs into the procurement process.

  • TQ2.Approach to Operation and Whole Life Costing(Technical Question Weighting – 19%)The Authorities wish to minimise operation, maintenance and replacement costs of ECMs during their whole life.Please provide an explanation of how you will calculate and present Whole Life Costs of proposed ECMs, and identify how, through your selection of ECMs and quality of plant and equipment, you will minimise maintenance, operation and other ongoing costs to the Authority during the whole life of each ECM.

  • Whole Life Costs Ensuring the whole life cost of each work package optimises the benefit to the Comhairle can be achieved through design.

  • Additionally, when making purchasing decisions for goods, services or works for High Value procurements, Whole Life Costs, or Total Cost of Ownership must be considered.

  • Post Project Monitoring of BMPs/SuDS to Determine Performance and Whole Life Costs: Phase 2.

  • Performance and Whole Life Costs of Best Management Practices and Sustainable Urban Drainage Systems.

  • As a result of the agreement, the cost sharing are to be as follows:-• Joint Works(MDBC Funded)8.84 EC Reduction$4.192m (94.0%)• State Action(SA Gov’t Funded)0.56 EC Reduction$0.268m ( 6.0 %)3.4 Whole Life Costs of the Project (cont.)Funds for the Joint Program component of the scheme being $ 4.192 million, have been identified in forward budgets for the Murray Darling Basin Commission.

  • These can be characterised as: Whole Life Costs for the Road Asset (Whole Life Asset Costs); Whole Life Transport Costs.


More Definitions of Whole Life Costs

Whole Life Costs means, in relation to any Medium Value Change or High Value Change, the estimated and (to the extent that such information is available) the actual cost of operating and maintaining such Medium Value Change or High Value Change over its intended design life (consistent with the Contractor Response). 2. LIMITS ON CHANGES 2.1 Neither Party may propose or implement a City or Contractor Change:
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Whole Life Costs has the meaning given to that term in Schedule 25 (Change Protocol) Works Delivery Plans means the proposals for the provision of the Apartment Areas to satisfy the requirements of paragraphs 3 and 4 and Annex I of the Output Specification, as contained in part 1 of Schedule 2 (Contractor's Proposals) as may be varied from time to time in accordance with the Review Procedure Works means all of the works (including design and works necessary for obtaining access to the Sites or Apartment Areas) to be undertaken in accordance with this Agreement to satisfy the Output Specification Works Adaptations Threshold means, in respect of Adaptations Works undertaken at any Site prior to the issue of the relevant Certificate of Availability, an aggregate amount of Year means the 12 month period from and including a day to (but not including) the day bearing the same number in the same month of the following year (or, in the case only of a period commencing on 29 February, ending on the next following 28 February)‌ Zone has the meaning given to that term in Schedule 4 (Payment Mechanism)
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Whole Life Costs means, in relation to any Medium Value Change or High Value Change, the estimated and (to the extent that such information is available) the actual cost of operating and maintaining such Medium Value Change or High Value Change over its intended design life (consistent with the Contractor Response); Neither party may propose or implement an Authority or Contractor Change: which requires the Works to be carried out and/or the Services to be performed or a Change to be implemented in a way that infringes any Legislation or Guidance or is inconsistent with Good Industry Practice; which would cause any Consent to be revoked (or a new Consent required to implement the relevant Change to be unobtainable) in accordance with the principles set out in paragraph 3.1; which would materially and adversely affect the Contractor's ability to deliver the Services carried out (except for that part of the Service which has been specified as requiring to be amended in the Change Notice) in a manner not compensated pursuant to this Change Protocol; which would materially and adversely affect the health and safety of any person; which would require the Contractor to implement the Change in an unreasonable period of time; which would (if implemented) materially and adversely change the nature of the Project (including its risk profile); and/or whereby the Authority does not have the legal power or capacity to require the implementation of such Change. The Contractor may, within ten (10) Business Days of receipt of an Authority Change Notice (or such longer period as reasonably set out by the Authority in the Authority Change Notice in consultation with the Contractor and taking into account the characteristics of the Authority Change and/or any modification to the Authority Change) state in writing whether it objects to the Authority Change Notice on any of the grounds set out in paragraph 2.1. The Contractor may request a further 10 day extension to the period if Senior Lender due diligence is required The Authority shall, within ten (10) Business Days of receipt of such notice provide written confirmation that either: the Authority Change Notice is withdrawn; or the objection by the Contractor shall be referred for determination in accordance with the Dispute Resolution Procedure. For the avoidance of doubt the Authority has an absolute discretion to accept or reject any Contractor Change unless such Change is required as a result of a Change in Law.
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Related to Whole Life Costs

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or through the 49th day after such Valuation Date in the event the then current Dividend Period will not end within 49

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

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Collateral Senior Minimum Monthly Interest shall have the meaning specified in subsection 4.02(d).

  • Administrative Costs means the administrative and other costs incurred by the Trustee and/or the Secretariat, in connection with the performance of their administrative services and other activities in support of the Trust Fund.

  • Distribution Costs means all costs of: (i) transporting ore or concentrates from a Mine or a concentrating plant to a smelter, refinery or other place of delivery designated by the purchaser and, in the case of concentrates tolled, of transporting the concentrate or metal from a smelter or refinery to the place of delivery designated by the purchaser; (ii) handling, warehousing and insuring the concentrates and metal; and (iii) in the case of concentrates tolled, of smelting and refining, including any penalties thereon or in connection therewith.

  • Administrative cost means a fee imposed to cover:

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • Cost-plus-a-percentage-of-cost contract means a contract under which the contractor is paid a percentage of the total actual expenses or costs in addition to the contractor's actual expenses or costs.

  • Special extraction costs means the cost of the time spent by the lowest paid employee competent to perform the task, the actual amount paid to outside private contractors employed by the bureau, or the actual cost incurred to create computer programs to make the special extraction. "Special extraction costs" include any charges paid to a public agency for computer or records services.

  • Additional Transportation Cost means the actual cost incurred for one-way Economy Transportation by Common Carrier reduced by the value of an unused travel ticket.

  • Collateral Minimum Monthly Interest shall have the meaning specified in subsection 4.02(c).

  • Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses.

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Transportation Costs means costs of travel as a fare paying passenger in any Common Carrier Conveyance other than a taxicab.

  • Transportation Expense means the cost of Medically Necessary conveyance, personnel, and services or supplies.

  • Housing costs means the compensation or fees paid or charged, usually periodically, for the use of any property. land, buildings, or equipment. For purposes of this chapter, housing costs include the basic rent charge and any periodic or monthly fees for other services paid to the landlord by the tenant, but do not include utility charges that are based on usage and that the tenant has agreed in the rental agreement to pay, unless the obligation to pay those charges is itself a change in the terms of the rental agreement.

  • Gross Calorific Value of “GCV” shall mean that quantity of heat expressed in Kilowatt- hour produced by the complete combustion of one (1) normal cubic metre of Natural Gas at twenty-five (25) degrees Celsius and an absolute pressure of one decimal zero one three two five (1.01325) bar with excess air at the same temperature and pressure as the Natural Gas when the products of combustion are cooled to twenty-five (25) degrees Celsius and when the water formed by combustion is condensed to the liquid state and the products of combustion contain the same total mass of water vapor as the Natural Gas and air before combustion.

  • 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.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Administrative Cost Rate As of any date of determination, a rate equal to the sum of the Servicing Fee Rate, the Operating Advisor Fee Rate, the Asset Representations Reviewer Ongoing Fee Rate, the CREFC® Intellectual Property Royalty License Fee Rate and the Trustee/Certificate Administrator Fee Rate.

  • Termination Costs means all liabilities incurred in connection with or arising out of the withdrawal, departure, resignation or termination of employment (whether actual or alleged constructive termination) of any Seconded Employee, including, without limitation, liabilities relating to or arising out of any claim of discrimination or other illegality in connection with such withdrawal, departure, resignation or termination, including cost of defense of such claims, and also including severance payments and benefits paid to a Seconded Employee in return for a release of claims.

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Workout-Delayed Reimbursement Amount As defined in subsection (II)(i) of Section 3.05(a).

  • Allocable Costs means costs allocable to a particular cost objective if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative benefits received or other equitable relationship. Costs allocable to a specific Program may not be shifted to other Programs in order to meet deficiencies caused by overruns or other fund considerations, to avoid restrictions imposed by law or by the terms of this Agreement, or for other reasons of convenience.

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.