Cost Caps for Facilities Modification(s) for Fish Habitat Temperature Needs Sample Clauses

Cost Caps for Facilities Modification(s) for Fish Habitat Temperature Needs. The Parties agree to a cost cap of $5 million for the Reconnaissance Study and subsequent Feasibility Study and Implementation Plan for Facilities Modification(s). The Parties agree to a capital cost for the Facilities Modification(s) not to exceed $60 million (2005). Capital costs include those costs normally associated with large construction projects as estimated using standard procedures. Parties will not request that the Commission order Facilities Modification(s) that cost in excess of this cap, provided the Reconnaissance Study and Feasibility Study and Implementation Plan for Facilities Modification(s) show that a Facilities Modification(s) within the cap will achieve the stated purposes in Article A108. If the total estimated costs exceed a total of $65 million, the Parties agree to seek additional third party funding. If such third party funding cannot be obtained within a reasonable time, the Parties may then request the Commission to order the Facilities Modification(s) notwithstanding that it may exceed the cost cap.
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