Final Estimate Sample Clauses
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Final Estimate. The Owner will pay to the Contractor the total earned compensation as stated in the Final Estimate, less all prior payments and advances whatsoever, to or for the account of the Contractor and all amounts to be kept and retained under the provision of these Contract Documents. All prior estimates and payments, including those relating to “Changes in Work” or “Extra Work” shall be subject to correction by this Final Estimate for payment of the work included under these Contract Documents. The one (1) year guarantee period shall commence on the date of the Final Estimate.
Final Estimate. At the time of delivery of these bid and construction documents, which shall include the Final Working Drawings and Specifications (collectively referred to herein as the "Construction Documents"), Architect shall provide DISTRICT with its final estimate of probable construction cost ("Architect's Final Estimate"). As stated above, it shall be the Architect's duty to design the Project within budget.
Final Estimate. Buyer shall provide a firm nomination of its Requirements and Seller's Delivery Obligation on or before July 15 of each Contract Year, effective for that Contract Year (the "Final Estimate"). The Final Estimate shall be made substantially in the form attached as Form A-2. The Final Estimate shall be determined by calculating (i) the planned change in Buyer's inventory from the beginning of the Contract Year to the end of the Contract Year, (ii) the estimated amount of coal to be burned in the Plant for that Contract Year, (iii) Buyer's firm nomination of Offsite Coal to be shipped in that Contract Year, (iv) Buyer's firm nomination of coal to be purchased from third parties for Test ▇▇▇▇▇, (v) actual Predelivery Tons or Shortfall Tons from the Prior Contract Year, (vi) a forecast of inventory levels by month and by high sulfur and low sulfur stockpile, as applicable, and (vii) a forecast of anticipated Plant outages. If for any Contract Year Buyer's Final Estimate includes Offsite Coal, Buyer shall take delivery of the quantity of Offsite Coal stated in that Final Estimate. If Buyer fails either to ship that quantity of coal offsite or increase the end of Contract Year actual inventory by an amount over the Ending Target Inventory equal to the nominated quantity of Offsite Coal not shipped offsite, Buyer shall be deemed to have failed to take delivery of the quantity of Offsite Coal not shipped offsite or added to inventory. Buyer shall make a payment of $****** per ton for the amount of Offsite Coal not shipped offsite or added to inventory. For the avoidance of doubt, the total payment for Offsite Coal not delivered shall not exceed the amount of Buyer's firm nomination of Offsite Coal multiplied by $****** per ton. This $****** per ton payment shall be increased or decreased annually, in the same manner as the Composite Component described in Section 5.03(b).
Final Estimate. The term “Final Estimate” shall mean an estimate of the total costs of an MDC Project based upon the Phase III - Contract Documents, to be submitted to Miami Dade College by the Construction Manager with input and assistance by the A/E Team.
Final Estimate. As soon as the complete project has passed inspection by the Engineer, he will so notify Owner and Contractor in writing. The Engineer will then prepare the final estimate and recommend acceptance. Upon acceptance of the completed project and the final estimate by Owner, Contractor will be paid an amount such as will make the total payments equal to the final total contract price less the retained percentage. This payment will be made at the same time in the month and in the same manner as provided for monthly estimates. The Contractor will be entitled to payment of the retainage thirty (30) days after acceptance of the work. The Owner may retain such sums as necessary for all incomplete or defective work or unsettled claims of owner or third parties against Contractor. As a condition of payment, Owner may require sufficient evidence that all indebtedness of Contractor connected with the work has been paid and may require releases on waivers or liens in a form satisfactory to Owner from all parties performing the work.
Final Estimate. 1.11.1 The Contractor is the person, firm, or corporation contracting with the Board to provide labour, materials and equipment for the execution of the Work.
1.12.1 When the drawings and specifications have been completed and are ready for tender, the Architect shall produce a final es- timate for the Project. This estimate, when accepted and approved by the Board, shall be known as the Final Estimate.
Final Estimate. Upon completion of 90 percent of the Phase III - Contract Documents, the Architect shall assist the CM with the preparation and submission of the Final GMP which shall be used for analysis of bids received and shall be sufficiently detailed with quantities, unit prices, extensions and calculations to provide the costs of each applicable trade (summarized by construction type of assembly, mechanical or electrical component) identified by specific location on the MDC Project. The Final Estimate shall also be summarized in accordance with the current Construction Specifications Institute (CSI) Master format system in conjunction with all divisions outlined in the project manual specifications.
3.4.4.3.1 The Architect and its representatives shall not communicate with a bidder or proposer prior to the contract for construction delivery services is executed, except as authorized by the Contractor.
3.4.4.3.2 The Architect shall reply to the Contractor within fifteen (15) days of the receipt of the documentation regarding the Qualifications of key personnel, related to this project, to be used by the Contractor in accordance with a Contract for Construction to perform Work for an MDC Project. The reply shall state whether Miami Dade College or the Architect have any reasonable objections to any persons or entities proposed to be used by the Contractor for the MDC Project.
Final Estimate. Within seventy-five (75) days after the Initial Occurrence, TENANT shall give LANDLORD its best final estimate (the "Final Estimate") of the cost of repairing the Earthquake Damage, the time needed to complete such repairs, and the limits of any insurance coverage TENANT reasonably believes is applicable to the