Actual and Projected Costs Sample Clauses

Actual and Projected Costs. Table 9-1 provides a summary of the previously projected costs for Quarter 12 (July – September 2020) (reference the Quarter 10 report) as compared to the actual Costs for Quarter 12 (refer to SOC included with this report dated February 16, 2021). Table 9-1 also shows the State Share True-Up amount and Local Credit True-Up amounts for the actual costs incurred during Quarter 12 (July –September 2020). Table 9-2 provides a reconciliation of the approved credit and approved and projected credit payments. 1 Grant Application 85% $ - $ - $ - $ - $ - $ - $ - 2 Program Management 85% $ 79,263 $ 132,936 $ (53,672) $ 112,995 $ 11,300 $ 101,696 $ 19,940 3 Design & ROW Support 85% $ 265,815 $ 11,166 $ 254,649 $ 9,491 $ 949 $ 8,542 $ 1,675 4 Environmental Review & Permitting 85% $ 161,981 $ 191,945 $ (29,964) $ 163,154 $ 16,315 $ 146,838 $ 28,792 5 ROW Acquisition 85% N/A N/A N/A N/A N/A N/A N/A 6 Construction, Mitigation, & Other Project 85% $ 10,695,365 $ 2,774,381 $ 7,920,985 $ 2,358,224 $ 235,822 $ 2,122,401 $ 416,157 7 Closeout Process 85% $ - $ - $ - $ - $ - $ - $ - $ 11,202,425 $ 3,110,428 $ 8,091,997 $ 2,643,864 $ 264,386 $ 2,379,478 $ 466,564 [1] Projected costs for Quarter 12 (refer to QPR10) [2] Reference SOC dated February 16, 2021 subject to DWR Review Initial Starting Credit Request $575,808 Supplemental Credit Request $561,910 Authorized Local Credit by DWR (to date) $1,137,718 less Credit Payments received (Credit Payment No. 1) N/A Quarter 1 local share paid by State $52,037 Quarter 2 local share paid by State $96,436 Quarter 3 local share Paid by State $104,449 Quarter 4 local share Paid by State $121,286 Quarter 5 local share Paid by State $80,551 Quarter 6 local share Paid by State $107,683 Quarter 7 local share Paid by State $64,826 Quarter 8 local share Paid by State $100,052 Quarter 9 local share Paid by State $84,531 Quarter 10 Local share Paid by State $81,302 Quarter 11 Local share Paid by State $225,741 Pending Quarter 12 Local Share to be Paid by State $18,824 Remaining Authorized Local Credit $0 This section of the report has been updated to include an accounting of quarterly costs incurred from the prior quarter as documented within the submitted quarterly Statements of Cost and any requested true-up funding. This requested funding is summarized in the following four tables listed below. Table 10-2. TRLIA - 200-Year Goldfields Levee Project: 12th Quarter Projected Cost 1 Grant Application $ - $ - $ - $ - $ - $ - 2 Program Management $ 1...
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Actual and Projected Costs. Credit Period: On October 23, 2017, XXXXX submitted a credit request totaling $597.062.03 for the State’s review and approval. A detailed statement of actual costs and a signed invoice were provided in the October 2017 TRLIA credit request. This initial request covered costs incurred through August 2017. A supplemental request was submitted on March 31, 2018 covering costs after the initial credit request to October 3, 2017. The State’s share was Table 9-2 provides a reconciliation of the approved credit and approved and projected credit payments. Table 9-1. TRLIA - 200-Year Goldfields Levee Project Prior Quarter Actual Cost Comparison and True-Up Element Description State Cost Share A Previosly Projected Costs [1] B Actual Costs for Quarter 7 [2] C Difference between QTR and Actual D = B -C Actual State Cost Share E = C x A Retention on Actual State Cost Share (10%) F = E x 10% Payment By State G = E - F Local Creditable Cost Share H = C x (1 - A) Total Use of Credit Amount 10. Payment Requested and State Disbursements Table 10-1 shows the Next Quarter’s projected costs and associated advance request net of any true-up against prior advances and Right of Way capital projections. (Note – any prior advance funds not expended are netted from this request). [Note – this Table is not applicable as no advance is requested with this Quarter 8 report]. Table 10-2 provides the detail of any excess funding (or funding due) shown on Table 10-1. Excess funding (or funding due) is determined based on the State’s share of the prior Advance Payments as compared to the State’s Share of expenses (net of retention) documented within TRLIA’s Statement of Costs. Table 10-3 shows the remaining State budget after prior State payments (both State Share and Local Credit) as well as the projected remaining budget after the payment request shown on Table 10-1. Table 10-4 shows a ledger of payments made to date, their use (either Local Credit or State Share Advance or True-Up) and the remaining grant balance. Table 10-2. TRLIA - 200-Year Goldfields Levee Project: True-Up Funding True Up Costs True Up Cost Total True Up State Share of Retention on State Share of True Up Costs State Share of True Up Costs to be Immediately Payments Element Description QTR 7 [1] QTR 1-6 [2] Costs True Up Costs (10%) Funded Received [3] True Up Funding A B C = A + B D = 0.85 * C E = D x 10% F = D - E G H = F - G Table 10-1. TRLIA - 200-Year Goldfields Levee Project: Summary of Payment Request and Compa...
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Actual and Projected Costs. Table 9-1 provides a summary of the actual Costs for the Quarter (refer to SOC’s included with this report dated May 13, 2022). Table 9-1 also shows the State Share True-Up amount and Local Credit True-Up amounts for the actual costs incurred during the prior quarter. For a reconciliation of the approved credit and approved and projected credit payments, refer to QPR13. As of QPR13 the authorized initial and supplemental credit of $1,137,718 in state dollars has been complete. 1 Grant Application 85% $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 2 Program Management 85% $ 793,015 $ 674,062 $ 67,406 $ 606,656 $ 118,952 3 Design & ROW Support 85% $ 3,711 $ 3,154 $ 315 $ 2,839 $ 557 4 Environmental Review & Permitting 85% $ 4,327 $ 3,678 $ 368 $ 3,310 $ 649 5 ROW Acquisition 85% N/A N/A N/A N/A N/A 6 Construction, Mitigation, & Other Project Aspects 85% $ 601,673 $ 511,422 $ 51,142 $ 460,280 $ 90,251 7 Closeout Process 85% $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 8 500‐Year Project 85% $ 516,698 $ 439,194 $ 43,919 $ 395,274 $ 77,505 $ 1,919,424 $ 1,631,510 $ 163,151 $ 1,468,359 $ 287,914 [1] Reference the 19 QPR SOC dated May 13, 2022 subject to DWR Review This section of the report has been updated to include an accounting of quarterly costs incurred from the prior quarter as documented within the submitted quarterly Statements of Cost and any requested true-up funding. This requested funding is summarized in the following four tables listed below. In addition, in letter dated February 21, 2022, TRLIA requested the outstanding local share of $854,774 for real estate, which includes relocation costs previously requested. 1 Grant Application $ ‐ $ ‐ $ ‐ $ ‐ 2 Program Management $ 793,015 $ 2,551,821 $ 3,344,836 $ 2,843,110 3 Design & ROW Support $ 3,711 $ 4,113,190 $ 4,116,900 $ 3,499,365 4 Environmental Review & Permitting $ 4,327 $ 972,464 $ 976,791 $ 830,273 5 ROW Acquisition N/A N/A N/A N/A 6 Construction, Mitigation, & Other Project Aspects $ 601,673 $ 23,740,409 $ 24,342,082 $ 20,690,770 7 Closeout Process $ ‐ $ ‐ $ ‐ $ ‐ 8 500‐Year Project $ 516,698 $ 858,713 $ 1,375,411 $ 1,169,100 $ 1,919,424 $ 32,236,597 $ 34,156,021 $ 29,032,618 [1] Reference Table 9‐1, Total Subject to DWR Review [2] Reference Previously Approved DWR Statement of Costs for QTR1‐18 1 Grant Application $ ‐ $ ‐ $ 25,040 $ 25,040 $ 21,284 $ 21,284 $ ‐ 2 Program Management $ 793,015 $ 2,551,821 $ 276,517 $ 3,621,353 $ 3,078,150 $ 1,773,891 $ 1,304,258 3 Design & ROW Support $ 3,711 $ 4,113,190 $ 673,429 $ 4,790,329 $ 4,071,780 $ 4,5...
Sample 1
Actual and Projected Costs. Credit Period: On October 23, 2017, XXXXX submitted a credit request totaling $597.062.03 for the State’s review and approval. A detailed statement of actual costs and a signed invoice were provided in the October 2017 TRLIA credit request. This initial request covered costs incurred through August 2017. A supplemental request was submitted on March 31, 2018 covering costs after the initial credit request to October 3, 2017. The State’s share was Table 9-1 on the following page provides a summary of the previously projected costs for Quarter 5 (from the 4th Quarter Report1) as compared to the actual Costs for Quarter 5 based on the 5th Quarter SOC. The 5th Quarter SOC presents the costs for Quarters 1 through 5. Table 9-1 also shows the State Share True-Up amount and Local Credit True-Up amounts for the actual costs incurred for Quarter 5. Table 9-2 provides a reconciliation of the approved credit and approved and projected credit payments. 1 Table 10-1 from the 4th Quarter Report included a two-quarter projection for Quarter 5 & 6. Table 9-1 below shows only the portion of that projection related to Quarter 5. Going forward, based upon feedback from DWR, Table 10-1 will provide a breakdown of any two-quarter projection provided so that information can be appropriately reflected in Table 9-1. 1 Grant Applicatoin 85% $ - $ - $ - $ - $ - $ - $ - 2 Program Management 85% $ 126,283 $ 174,557 $ (48,273) $ 148,373 $ 14,837 $ 133,536 $ 26,183 3 Design & ROW Support 85% $ 213,217 $ 290,814 $ (77,598) $ 247,192 $ 24,719 $ 222,473 $ 43,622 4 Environmental Review & Permitting 85% $ 77,231 $ 76,047 $ 1,184 $ 64,640 $ 6,464 $ 58,176 $ 11,407 5 ROW Acquisition 85% $ - $ - $ - $ - $ - $ - $ - 6 Construction, Mitigation, & Other Project Asp 85% $ - $ - $ - $ - $ - $ - $ - 7 Closeout Process 85% $ - $ - $ - $ - $ - $ - $ - $ 416,731 $ 541,418 $ (124,687) $ 460,205 $ 46,021 $ 414,185 $ 81,213 [1] Projected costs for Quarter 5 [2] Reference Quarter 5 SOC subject to DWR Review 10 This section of the report has been updated to include an accounting of quarterly costs incurred from the prior quarter as documented within the submitted quarterly Statements of Cost and any requested true-up funding. This requested funding is summarized in the following four tables listed below. That has previously provided an advance for Quarters 6 and 7. Based on the projected costs for Quarter 8, TRLIA requests an advance of $5,313,627 covering 90% of the State’s share for the next quarter less ...
Sample 1
Actual and Projected Costs. Credit Period (Update): On October 23, 2017, TRLIA submitted an Initial Credit Request for the State’s review and approval. A detailed statement of actual costs and a signed invoice were provided in the October 2017 TRLIA credit request. This initial request covered costs incurred through August 2017. On February 14, 2018 DWR approved the initial request in the State’s share of $575,807.83. A supplemental request has been prepared covering cost incurred after the initial credit request to October 3, 2017. The Total Expenses associated with the supplemental request is $688,476.32 and the State’s share is $585,204.87. Table 9-2 provides a reconciliation of the approved credit and approved and projected credit payments. Element Description State Cost Share Actual Costs for Quarter 1 Actual State Cost Share Local Creditable Cost Share Description Amount Total Use of Credit for Local Share this quarter $250,049 Total Use of Credit 10. Payment Requested and State Disbursements Table 10-1 shows projected costs and advance request relative to the true-up from prior advances. Table 10-2 provides the detail of the excess funding shown on Table 10-1. Excess funding was determined based on the 90% of the State’s share Quarters 1 & 2 Advance Payment less Quarter 1 State share True-up. Table 10-3 shows the remaining state budget after prior State payments as well as the projected remaining budget after the payment requests shown on Table 10-1. Table 10-4 shows a ledger of payments made to date and the remaining grant balance. Table 10-1. TRLIA- 200-Year Goldfields Levee Project: Advance Request Element Description Projected Costs [1] State Share 85% Advance State Share Funding Requested less Excess Funding from Prior Advances [2] Remaining Advanced Request A B C = B * 90% D E = C + D Total $1,666,993 $1,416,944 $1,275,250 ($741,425) $533,825 Quarters 1 & 2 (to date) Advance Element Description True-Up Costs (State Share) Payments Received True-Up Funding (Excess) A B C = A - B Total $310,014 $1,051,439 ($741,425) Table 10-3. TRLIA- 200-Year Goldfields Levee Project: Budget and Payment Reconciliation Element Description Prior State Payments State Share Budget Remaining Budget (Prior State Payments) Advanced Request Quarters 2 & 3 Remaining Budget A B C=B-A D E=B-A-D Total $1,051,439 $32,600,000 $31,548,561 $533,825 $31,014,736 Xxxxx Xxxxxx Remaining $31,548,561 11. Tracking Tables and Deliverables Table 11.1. Earned Value Report by Element
Sample 1
Actual and Projected Costs. Credit Period: On October 23, 2017, XXXXX submitted a credit request totaling $597.062.03 for the State’s review and approval. A detailed statement of actual costs and a signed invoice were provided in the October 2017 TRLIA credit request. This initial request covered costs incurred through August 2017. A supplemental request was submitted on March 31, 2018 covering costs after the initial credit request to October 3, 2017. The State’s share was Table 9-2 provides a reconciliation of the approved credit and approved and projected credit payments. 1 Table 10-1 from the 3rd Quarter Report included a two-quarter projection for Quarters 3 and 4. Table 9-1 below shows only the portion of that projection related to Quarter 4. Going forward, based upon feedback from DWR, Table 10-1 will provide a breakdown of any two quarter projection provided so that information can be appropriately reflected in Table 9-1. 1 Grant Applicatoin 85% $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 2 Program Management 85% $ 124,418.57 $ 134,718.46 $ (10,299.89) $ 114,510.69 $ 11,451.07 $ 103,059.62 $ 20,207.77 3 Design & ROW Support 85% $ 159,063.59 $ 499,925.72 $ (340,862.13) $ 424,936.86 $ 42,493.69 $ 382,443.18 $ 74,988.86 4 Environmental Review & Permitting 85% $ 78,916.61 $ 183,336.66 $ (104,420.05) $ 155,836.16 $ 15,583.62 $ 140,252.54 $ 27,500.50 5 ROW Acquisition 85% $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 6 Construction, Mitigation, & Other Project 85% $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 7 Closeout Process 85% $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 362,398.78 $ 817,980.84 $ (455,582.06) $ 695,283.71 $ 69,528.37 $ 625,755.34 $ 122,697.13 [1] Projected costs for Quarter 4 [2] Reference Quarter 4 SOC subject to DWR Review Initial Starting Credit Request $575,808 Supplemental Credit Request $561,910 Authorized Local Credit by DWR (to date) $1,137,718 less Credit Payments received (Credit Payment No. 1) N/A Quarter 2 local share paid by State $52,037 Quarter 3 local share paid by State $96,436 Pending Quarter 4 local share $122,697 Remaining Authorized Local Credit $866,548 This section of the report has been updated to include an accounting of quarterly costs incurred from the prior quarter as documented within the submitted quarterly Statements of Cost and any requested true-up funding. This requested funding is summarized in the following four tables listed below. Based on the projected costs for Quarter 6 and Quarter 7, TRLIA requests an advance of $217,895 covering 90% of the State’s share for the next two-quarters less...
Sample 1

Related to Actual and Projected Costs

  • Estimated Costs The proposed GMP Change Order shall include separately identified dollar amounts, stated as fixed sums, for Actual Costs as estimated by the Design-Builder for the complete construction of the Project, which amount shall include the all Trade Contract and Subcontract Sums, costs of materials, and any Component Change Order Sums;

  • Direct Costs The Contractor shall separately identify each item of deleted and added work associated with the change or other condition giving rise to entitlement to an equitable adjustment, including increases or decreases to unchanged work impacted by the change. For each item of work so identified, the Contractor shall propose for itself and, if applicable, its first two tiers of subcontractors, the following direct costs: (1) Material cost broken down by trade, supplier, material description, quantity of material units, and unit cost (including all manufacturing burden associated with material fabrication and cost of delivery to site, unless separately itemized); (2) Labor cost broken down by trade, employer, occupation, quantity of labor hours, and burdened hourly labor rate, together with itemization of applied labor burdens (exclusive of employer’s overhead, profit, and any labor cost burdens carried in employer’s overhead rate); (3) Cost of equipment required to perform the work, identified with material to be placed or operation to be performed; (4) Cost of preparation and/or revision to shop drawings and other submittals with detail set forth in paragraphs (e)(1) and (e)(2) of this clause; (5) Delivery costs, if not included in material unit costs; (6) Time-related costs not separately identified as direct costs, and not included in the Contractor’s or subcontractors’ overhead rates, as specified in paragraph

  • Direct Charges To the extent Cash-based Expenses are incurred by the Contractor, the Contractor shall be reimbursed for reasonable and necessary actual direct costs incurred (e.g., equipment, supplies, travel and other costs directly associated with the performance of the Agreement) to the extent required in the performance of the Work and to the extent such costs are anticipated in the Budget. Travel, lodging, meals and incidental expenses shall be reimbursed for reasonable and necessary costs incurred. Costs shall not exceed the daily per diem rates published in the Federal Travel Regulations. Reimbursement for the use of personal vehicles shall be limited to the Internal Revenue Service business standard mileage rate in effect at the time the expense was incurred.

  • Actual Costs The Consultant can invoice the City for no more than the actual cost of each subconsultant plus a specified markup not to exceed 5 percent.

  • Operating Costs (a) Tenant shall maintain the Premises in their condition on the Effective Date at Tenant’s sole cost and expense. Landlord may inspect the Premises and, if Landlord reasonably determines that Tenant is not maintaining the Premises in their condition on the Effective Date, Landlord may provide Tenant with written notice of any such maintenance concern, and Tenant shall promptly make such repairs. If Tenant fails to complete such repairs within thirty (30) days of receipt of such notice, Landlord may undertake such repairs and Tenant shall be obligated to reimburse Landlord for its costs within ten (10) days of receipt of an invoice therefore. Landlord represents and warrants to Tenant that the exterior walls, foundation and roof of the Premises are in good working order on the Effective Date. Landlord will, at its cost, replace, restore, repair or maintain (as necessary) the roof until the first anniversary of the Commencement Date. Landlord will, at its cost, replace, restore, repair or maintain (as necessary) the exterior walls and foundation of the Premises until the fifth anniversary of the Commencement Date. Tenant shall be fully responsible for the replacement, restoration, repair and maintenance of the roof, exterior walls and foundation of the Premises thereafter. If Landlord fails to commence such repairs within thirty (30) days of receipt of any notice from Tenant, Tenant may undertake such repairs and Landlord shall be obligated to reimburse Tenant for its costs within ten (10) days of receipt of an invoice therefore; provided, however, that Tenant shall have no rights to offset or set off any such amounts against the Rent to be paid hereunder. If Landlord does not reimburse Tenant within ten (10) days from the date of notice, such charge shall bear interest at the rate of eighteen percent (18%) per annum until paid. Notwithstanding anything to the contrary herein contained (except for the provisions of paragraph 32 below), if Tenant makes any changes, additions or alterations to the roof of the Premises which involves penetration of the roof (other than those for telecommunications installations so long as the installation contractor has Landlord’s prior written approval which will not be unreasonably conditioned, delayed or denied), Landlord’s obligations to replace, restore, repair or maintain the roof shall cease. If Tenant undertakes any structural repairs in the Premises which impact, affect, or alter the walls or foundation of the Premises, Landlord’s obligation to replace, restore, repair or maintain that portion of the exterior walls and foundation of the Premises shall cease as of the date of such action by Tenant. Any Operating Costs that pertain to a period prior to or after the Lease Term will be pro rated between Landlord and Tenant in the proportion of the amount of the Lease Term that falls within the period to which the Operating Costs pertain. (b) Tenant shall pay all Operating Costs during the Lease Term.

  • Operating Expenses Unless modified in accordance with Exhibit D, Landlord maintenance addendum, attached hereto, it is the intention of the parties and they hereby agree that this shall be a triple net Lease, and the Landlord shall have no obligation to provide any services, perform any acts or pay any expenses, charges, obligations or costs of any kind whatsoever with respect to the Premises, and Tenant hereby agrees to pay one hundred percent (100%) of any and all Operating Expenses as hereafter defined for the entire term of the Lease and any extensions thereof in accordance with specific provisions hereinafter set forth. The term Operating expenses shall include all costs to Landlord of operating and maintaining the Building and related parking areas, and shall include, without limitation, real estate and personal property taxes and assessments, management fee, heating, electricity, water, waste disposal, sewage, operating materials and supplies, service agreements and charges, lawn care, snow removal, restriping, repairs, repaving, cleaning and custodial, security, insurance, the cost of contesting the validity or applicability of any governmental acts which may affect operating expenses, and all other direct operating costs of operating and maintaining the Building and related parking areas, unless expressly excluded from operating expenses. Notwithstanding the foregoing, operating costs (and Tenant's obligations in relation thereto) shall not include (i) any expense chargeable to a capital account or capital improvement, ground leases; principal or interest payments on any mortgage or deed of trust on the premises; (ii) any amount for which Landlord is reimbursed through insurance, by third persons, or directly by other tenants of the premises, (iii) repair costs occasioned by fire, windstorm or other casualty, (iv) any construction, repair or maintenance expenses or obligations that are the sole responsibility of Landlord (not to be reimbursed by Tenant), (v) leasing commissions and other expenses incurred in connection with leasing any other area located on the premises to any other party, (vi) any expense representing an amount paid to an affiliate or subsidiary of Landlord which is in excess of the amount which would be paid in the absence of such relationship, and (vii) costs of items and services for which Tenant reimburses Landlord or pays third persons directly.

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Direct Expenses 1. Fees and expenses of its directors (except the fees of those directors who are deemed to be "interested persons" of the Fund as that term is defined in the Investment Company Act of 1940) and the meetings thereof;

  • Estimated Cost Estimated costs by construction phases for Specified Roads listed in A7 are stated by segments in the Schedule of Items. Such estimated costs are subject to adjustment under B3.3, B5.2, B5.21, B5.212, B5.25, and B5.26. Appropriately adjusted costs shall be made a part of a revised Schedule of Items and shown as adjustments to Timber Sale Account. The revised Schedule of Items shall supersede any prior Schedule of Items when it is dated and signed by Contracting Officer and a copy is furnished to Purchaser.

  • Operating Expense Payments Landlord shall deliver to Tenant a written estimate of Operating Expenses for each calendar year during the Term (the “Annual Estimate”), which may be revised by Landlord from time to time during such calendar year. During each month of the Term, on the same date that Base Rent is due, Tenant shall pay Landlord an amount equal to 1/12th of Tenant’s Share of the Annual Estimate. Payments for any fractional calendar month shall be prorated.

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