Common use of Project Cost Savings Clause in Contracts

Project Cost Savings. As set out in clauses 42 to 44, within a State’s overall Program, where the updated cost estimate or final Project cost to government is less than the amount(s) which the Commonwealth or (in the case of a jointly funded Project) the Commonwealth and the relevant State have agreed to make available, the savings (including savings resulting from private sector participation in the Project) will be treated in the following way:

Appears in 5 contracts

Samples: National Partnership Agreement, National Partnership Agreement, National Partnership Agreement

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Project Cost Savings. As set out in clauses 42 to 44, within a State’s overall Program, where Where the updated cost estimate or final Project cost to government is less than the amount(s) which the Commonwealth or (in the case of a jointly funded Project) the Commonwealth and the relevant State have agreed to make available, the savings (including savings resulting from private sector participation in the Project) will be treated in the following way:

Appears in 1 contract

Samples: National Partnership Agreement

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