Project Costs and Funding a. The total Project cost is estimated at $405,000.50, which is subject to change. Federal funds for this Project shall be limited to $363,407.00. Agency shall be responsible for all remaining costs, including any non-participating costs, all costs in excess of the federal funds, and the 10.27 percent match for all eligible costs. Any unused funds obligated to this Project will not be paid out by State, and will not be available for use by Agency for this Agreement or any other projects. “
Project Costs and Funding. Xxxxx Recipient agrees to fund the Eligible Expenses with (i) the Grant and (ii) a capital match of at least two (2) dollars for every one (1) dollar of Grant Proceeds. The capital match may be comprised of public and/or private funds. Grant Recipient and other investors recognize that its Project budget is subject to change, including due to further refinement of the Project. Grant Recipient is solely responsible for any increase in costs to complete and operate the Project. Prior to Commencement of Construction, Grant Recipient shall submit a Project budget to NYSERDA for approval, which shall not be unreasonably withheld, conditioned or denied. Partners [Brief explanation of the role of each Partner].
Project Costs and Funding. A. The Project is estimated to cost approximately $3,200,000, including design and construction. A scoping estimate identifying estimated Project costs is attached hereto as Exhibit B and incorporated herein by this reference; provided, however, that such scoping estimate does not cover the eastern end of the Project between Dover and Pacific Highway, which includes dual left-turn lanes and minor widening.
Project Costs and Funding. 1. Xxxxx Recipient agrees to fund the Eligible Expenses with (i) the Grant and (ii) a capital match of at least two (2) dollars for every one (1) dollar of Grant Proceeds. The capital match may be comprised of public and/or private funds.
Project Costs and Funding. 1. Xxxxx Recipient agrees to fund the development and construction of the Supply Chain Facility with (i) the Grant, which shall be used exclusively to fund Eligible Expenses with (i) the Grant and (ii) a capital match of at least two (2) dollars for every one (1) dollar of Grant Proceeds. The capital match may be comprised of public and/or private funds.
Project Costs and Funding. Xxxxx Recipient agrees to fund the development and construction of the Supply Chain Facility with (i) the Grant, which shall be used exclusively to fund Eligible Expenses and (ii) a capital match of at least two (2) dollars for every one (1) dollar of Grant Proceeds. The capital match may be comprised of public and/or private funds. Grant Recipient and other investors recognize that its Project budget is subject to change, including due to further refinement of the Project. Grant Recipient is solely responsible for any increase in costs to complete and operate the Project. Prior to Commencement of Construction, Grant Recipient shall submit a Project budget to NYSERDA for approval, which shall not be unreasonably withheld, conditioned or denied. Partners [Brief explanation of the role of each Partner].
Project Costs and Funding. Grant Recipient agrees to fund the development and construction of the Supply Chain Facility with (i) the Grant, which shall be used exclusively to fund Eligible Expenses (ii) [insert description of any other New York State Funding] and (iii) a capital match of at least two (2) dollars for every one (1) dollar of New York State Funding. The capital match may be comprised of public and/or private funds. Grant Recipient and other investors recognize that its Project budget is subject to change, including due to further refinement of the Project. Grant Recipient is solely responsible for any increase in costs to complete and operate the Project. Partners [Brief explanation of the role of each Partner].
