IPC Component Budget Limit Sample Clauses
The IPC Component Budget Limit clause sets a maximum financial cap on the costs associated with specific components or elements within a project, particularly those related to IPC (Inter-Process Communication) systems or similar technical modules. In practice, this clause restricts the amount that can be spent on these components, requiring parties to monitor expenditures and seek approval if costs approach the established limit. Its core function is to control project spending, prevent budget overruns, and ensure financial discipline regarding designated technical components.
IPC Component Budget Limit. The annual budget limit for the IPC component of the Demonstration will be the estimated cost-savings of the VLBW and LBW births averted as described below:
IPC Component Budget Limit. The annual budget limit for the IPC component of the Demonstration will be the estimated cost-savings of the VLBW and LBW births averted as described below:
a) VLBW Birth Averted = Birth Averted * Medicaid Costs for VLBW Infants up to 1 year of life · The Medicaid Cost of a VLBW Infant equals (the cost of VLBW infants up to 1 year of life)/ number of VLBW live births, where the costs and number of VLBW live births pertain to the Georgia Medicaid Program.
b) LBW Birth Averted = Birth Averted * Medicaid Costs for LBW Infants up to 1 year of life · The Medicaid Cost of a LBW Infant equals (the cost of LBW infants up to 1 year of life)/ number of LBW live births, where the costs and number of LBW live births pertain to the Georgia Medicaid Program.