The Estimate Clause Samples

The Estimate. The Estimate shall be accompanied by a reasonably detailed breakdown of the manner in which the Estimate is calculated and shall include details of any redundancy costs which are reasonably expected to be incurred by reason of the proposed change together with any information which the Council may reasonably require including without limitation breakdowns of price and supporting material for the purpose of satisfying the Council that the proposed revised price is fair and reasonable.
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The Estimate. The Estimate shall be accompanied by a reasonably detailed breakdown of the manner in which the Estimate is calculated and shall include details of any redundancy costs which are reasonably expected to be incurred by reason of the proposed change together with any information which the Council may reasonably require including without limitation breakdowns of price and supporting material for the purpose of satisfying the Council that the proposed revised price is fair and reasonable. To the extent it is possible to do so the Estimate shall be calculated: using the rates and prices in the Tender Response Document (as they may have been revised in accordance with this Contract); or, where it is not possible to calculate the adjustment using such rates and prices; based on rates and prices that represent the market price current at the date on which the Council Variation Notice is issued. The Estimate shall include a statement of the Provider’s opinion on:- any impact on the provision of the Services; any amendment required to the Contract and/or any Contract Documents as a result of the change in the Services; any capital expenditure that is required or no longer required as a result of the change in the Services. As soon as practicable after the Council receives the Estimate, the Parties shall discuss and attempt to agree the issues set out in the Estimate. In such discussions the Council may: agree the Estimate in which case the Variation shall be implemented in accordance with the Council Variation Notice; or modify the Council Variation Notice in which case the Provider shall as soon as practicable and in any event not more than fourteen (14) days after receipt of such modification, notify the Council of any consequential changes to the Estimate. If the Parties cannot agree on the effects and consequences of the Estimate then the dispute will be resolved in accordance with the Dispute Resolution Procedure. As soon as practicable after the effects and consequences of the Estimate have been agreed or otherwise determined pursuant to Clause 16.10 the Council shall:- confirm in writing the Estimate (as modified) or; withdraw the Council Variation Notice; If the Council does not confirm in writing the Estimate (as it may have been modified) within 30 days of the Estimate being agreed in accordance with Clause 16.9 or determined pursuant to Clause 16.10 above then the Council Variation Notice shall be deemed to have been withdrawn. If the Provider wishes to in...
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The Estimate. 3.1. ▇▇▇▇ ▇▇▇▇▇▇▇▇ Ltd shall provide to the Client a proposal for the services to be provided (“the Estimate”) which shall set out: a) The services which ▇▇▇▇ ▇▇▇▇▇▇▇▇ Ltd will undertake for the Client. b) The date or time period within which the service will be performed. c) The costs which the Client shall be charged for the performance of the services including: i. Any fees which ▇▇▇▇ ▇▇▇▇▇▇▇▇ Ltd shall charge. ii. Any disbursements or expenses which ▇▇▇▇ ▇▇▇▇▇▇▇▇ Ltd will require the Client to meet (including but not limited to the costs of materials). iii. Any VAT or tax element which will be payable by the Client. 3.2. The Estimate shall be attached to these terms and conditions as a schedule and where a contract is entered into between ▇▇▇▇ ▇▇▇▇▇▇▇▇ Ltd and the Client, the Client will be deemed to have accepted the content of the Estimate in full.
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Related to The Estimate

  • Cost Estimate The cost estimate shall set out the estimated costs for the proposed Change Order in such a way that a fair evaluation can be made. It shall include a breakdown for labor, materials, equipment and markups for overhead and profit, unless TxDOT agrees otherwise. If the work is to be performed by Subcontractors and if the work is sufficiently defined to obtain Subcontractor quotes, DB Contractor shall obtain quotes (with breakdowns showing cost of labor, materials, equipment and markups for overhead and profit) on the Subcontractor’s stationery and shall include such quotes as back-up for DB Contractor’s estimate. No markup shall be allowed in excess of the amounts allowed under Section 10.6. DB Contractor shall identify all conditions with respect to prices or other aspects of the cost estimate, such as pricing contingent on firm orders being made by a certain date or the occurrence or non-occurrence of an event.

  • Cost Estimates If this Agreement pertains to the design of a public works project, CONSULTANT shall submit estimates of probable construction costs at each phase of design submittal. If the total estimated construction cost at any submittal exceeds the CITY’s stated construction budget by ten percent (10%) or more, CONSULTANT shall make recommendations to CITY for aligning the Project design with the budget, incorporate CITY approved recommendations, and revise the design to meet the Project budget, at no additional cost to CITY.