Cost Differential Sample Clauses
A Cost Differential clause defines how differences in costs between alternatives or changes are handled within a contract. Typically, this clause specifies the process for calculating and allocating any additional or reduced expenses that arise when substituting materials, methods, or suppliers, often requiring documentation or approval for such changes. Its core function is to ensure that any financial impact from deviations to the original agreement is transparently managed and fairly distributed, thereby preventing disputes over unexpected costs.
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Cost Differential. “Cost Differential” means the difference between the Pre- Encroachment Costs and the Utility Costs in light of the existence of the Landowner Improvements. The City’s determination of the amount of the Cost Differential shall be binding on the Landowner. The City’s determination shall be appropriately supported by cost estimates obtained from independent contractors or engineers.
Cost Differential. By application pursuant to § 1787.10, the Administrator may waive the Buy American requirement if the cost of the domestic product is unreasonable. Given that RUS loans terms normally range from 20 to 35 years, and that ad- ditional costs will be magnified with interest over these terms, the Adminis- trator has determined that if the low- est bid or offered price is a non- domestic bid that is at least 6percent lower than the next lowest bid or of- fered price, the RUS Borrower may re- quest a cost differential waiver. With respect to contracts that are not re- quired to be bid, prices of market- available, domestic products must be used for comparison in a request for waiver. By application pursuant to § 1787.10, the Administrator may waive the Buy American requirement upon a showing that there is no domestic product available in the market in sufficient and reasonable quantities and of satis- factory quality, and that such shortage of suitable domestic alternatives jeop- ardizes the project being completed on budget and/or according to scheduled planning. A lack of responsive and re- sponsible bids to a well-publicized re- quest for bids will be presumed to meet the conditions of a non-availability waiver. With respect to contracts that are not required to be bid, sufficient evidence must be presented to the Ad- ministrator in order to make a deter- mination.
Cost Differential. For purposes of this Exhibit “C”, the term “Cost Differentiat” shall mean the remainder, if any, obtained by subtracting the Improvement Allowance from the Cost of the Improvements and the Construction Management Fee. Tenant shall pay the Cost Differential to Landlord prior to Landlord commencing the construction of the Improvements.
Cost Differential. What is the current amount of liquidations being assessed year to date due to the current contractor not providing requested service? Based on the ability for contractors to secure drivers, would the district consider setting a cap on the amount being liquidated?”
Cost Differential. By application pursuant to § 1787.10, the Administrator may waive the Buy American requirement if the cost of the domestic product is unreasonable. Given that RUS loans terms normally range from 20 to 35 years, and that ad- ditional costs will be magnified with interest over these terms, the Adminis- trator has determined that if the low- est bid or offered price is a non- domestic bid that is at least 6percent lower than the next lowest bid or of- fered price, the RUS Borrower may re- quest a cost differential waiver. With respect to contracts that are not re- quired to be bid, prices of market- available, domestic products must be used for comparison in a request for waiver. VerDate Sep<11>2014 15:06 May 15, 2023 Jkt 259023 PO 00000 Frm 00390 Fmt 8010 Sfmt 8010 Q:\07\7V12.TXT PC31 By application pursuant to § 1787.10, the Administrator may waive the Buy American requirement upon a showing that there is no domestic product available in the market in sufficient and reasonable quantities and of satis- factory quality, and that such shortage of suitable domestic alternatives jeop- ardizes the project being completed on budget and/or according to scheduled planning. A lack of responsive and re- sponsible bids to a well-publicized re- quest for bids will be presumed to meet the conditions of a non-availability waiver. With respect to contracts that are not required to be bid, sufficient evidence must be presented to the Ad- ministrator in order to make a deter- mination.
Cost Differential. For purposes of this Exhibit C, the term "Cost Differential" shall mean the remainder, if any, obtained by subtracting the Tenant's Allowance from the Cost of Tenant's Work. Tenant shall pay the Cost Differential to Landlord prior to Landlord commencing Tenant's Work. The Cost Differential be due and owing to Landlord as Additional Rent. If there are any cost savings after deducting the Cost of Tenant's Work from Tenant's Allowance, there will be no credit to the Rent or any other sum due from Tenant under the Lease.
Cost Differential. If a Cost Differential occurs relating to the access to or inspection, maintenance, repair or replacement of the City Improvements or relating to construction of new City Improvements in the future, then the Landowner shall pay the Cost Differential to the City. The Landowner must make payment for the Cost Differential within 30 days after the City has sent a written invoice for the Cost Differential to the Landowner.