Common use of Planned Mandatory Projects Clause in Contracts

Planned Mandatory Projects. A mandatory 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 needed in order to support normal operations in accordance with Prudent Utility Practice or in order to comply with regulatory or safety requirements. The associated schedule and estimated annual funding requirements shall be included.

Planned Mandatory Projects. A mandatory project is any project with a total estimated cost in excess of one million dollars ($1,000,000) or such other greater amount as Owner the Nuclear Managing Board may establish, including but not limited to any upgrade, replacementmodification, addition or program, which is needed in order to support normal operations (including, without limitation, facilities for spent fuel storage) in accordance with Prudent Utility Practice or in order to comply with regulatory or safety requirements. The associated schedule and estimated annual funding requirements shall be included.