Common use of Project Cost Estimates Clause in Contracts

Project Cost Estimates. For Department sponsored programs and projects, Department will collect and analyze data to be used in evaluating alternative transportation projects. For these projects, Department will supply MPO with project level cost and other data necessary for MPO to demonstrate in its financial plans that the entire system will be adequately maintained and operated. FHWA guidance for project cost estimates can be found at ▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇.▇▇▇. MPO and local project sponsors will collect and analyze data reflecting existing and historical information which will be the basis for local project estimates cost and revenue projections for transportation planning, programs, and projects.

Appears in 2 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding