Examples of Actual Costs in a sentence
Party Funding Source Responsibility Total Projected Contribution ($) Secretary FY 2023 CCLIP- SP 90% of Total Actual Costs of Construction and Construction Engineering not to exceed $300,000.00.
The parties may at any time engage in discussions on any matter likely to result in payments of any Actual Costs and shall use reasonable endeavours to agree whether such Actual Costs arising from the process set out in paragraph 3.3 are likely to arise and/or what mitigating actions should be contemplated to reduce or avoid such Actual Costs.
Party Responsibility Total Projected Contribution ($) Secretary 75% of Total Actual Costs of Construction; Total Contribution to Actual Costs of Construction not to exceed $208,788.00.
The party initiating such discussions shall provide to the other reasonable evidence in writing of why it considers such Actual Costs will arise and what mitigating actions should be contemplated.
Unless otherwise agreed, the timescales for claiming Actual Costs in paragraph 3.4 shall still apply.