Planned Improvement Projects Clause Samples
The Planned Improvement Projects clause outlines the procedures and requirements for undertaking specific upgrades, renovations, or enhancements to a property or facility. It typically details the scope of permissible improvements, the approval process required before work can begin, and the responsibilities of each party involved, such as who bears the costs or manages the construction. This clause ensures that all parties are aware of and agree to any significant changes to the property, thereby preventing disputes and maintaining the property's value and functionality.
Planned Improvement Projects. An improvement project is any project with a total estimated cost in excess of one million dollars ($1,000,000) or such other amount as Owner may establish, including but not limited to any upgrade, replacement, addition, or program, which is not mandatory as defined in (c) above. Examples of such projects include efforts to improve performance of a Generation Facility or conditions, such as improved Generation Facility capacity or efficiency, enhanced working conditions, and appearance. The associated schedule and estimated annual funding requirements shall be included.
Planned Improvement Projects. 17 (e) Authorized Level of Staffing.............................................17 2.8.2 Fuel Plan.......................................................................18 2.8.3
Planned Improvement Projects. An improvement project is any project with a total estimated cost in excess of one million dollars or such greater amount as the Nuclear Managing Board may establish, including any modification, addition, or program, which is not mandatory as defined in Section 4.1.3 hereof. Examples of such projects include efforts to improve plant performance or conditions such as improved plant capacity or efficiency, enhanced working conditions, and appearance. The associated schedule and estimated annual funding requirements shall be included. No expenditures or contractual commitments with respect to planned improvement projects shall be made until the Participants have had an opportunity to review such planned improvement project and, if necessary, the dispute resolution process of Section 9.14 arising from failure to approve such project by Requisite Owner Action shall have been completed.