Resolving Appropriations Shortfalls Sample Clauses

Resolving Appropriations Shortfalls. 12.6 After authorization and appropriation of funds by Congress and within 21 days after the Navy has received official notification of Navy’s allocation based on the current year’s Environmental Restoration, Navy (ER,N) Account, the Navy shall determine if planned Work (as outlined in the Draft Final Amendment to the SMP) can be accomplished with the allocated funds. (1) If the allocated funds are sufficient to complete all planned Work for that fiscal year and there are no changes required to the Draft Final Amendment to the SMP, the Navy shall immediately forward a letter to the other Parties indicating that the Draft Final Amendment to the SMP has become the Final Amendment to the SMP. (2) If the Navy determines within the 21-day period specified above that the allocated funds are not sufficient to accomplish the planned Work for the Site (an appropriations shortfall), the Navy shall immediately notify the Parties. The Project Managers shall meet within 30 days to determine if planned Work (as outlined in the Draft Final Amendment to the SMP) can be accomplished through: 1) rescoping or rescheduling activities in a manner that does not cause previously agreed upon Near Term Milestones and Out Year Milestones to be missed; or 2) developing and implementing new cost-saving measures. If, during this 30-day discussion period, the Parties determine that rescoping or implementing cost-saving measures are not sufficient to offset the appropriations shortfall such that Near Term Milestones, Out Year Milestones, and Project End Dates should be modified, the Parties shall discuss these changes and develop modified Milestones. Such modifications shall be based on the “Risk Plus Other Factors” prioritization process discussed in Subsection 11.3, and shall be specifically identified by the Navy. The Navy shall submit a new Draft Final Amendment to the SMP to the other Parties within 30 days of the end of the 30-day discussion period. In preparing the revised Draft Final Amendment to the SMP, the Navy shall give full consideration to EPA and VDEQ input during the 30-day discussion period. If the EPA and the VDEQ concur with the modifications made to the Draft Final Amendment to the SMP, the EPA and the VDEQ shall notify the Navy and the revised Draft Final Amendment shall become the Final Amendment. In the case of modifications of Milestones due to appropriations shortfalls, those proposed modifications shall, for purposes of dispute resolution, be treated as a requ...
Sample 1
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Resolving Appropriations Shortfalls. 12.6 After authorization and appropriation of funds by Congress and within 21 days after Navy has received official notification of Navy’s allocation based on the current year’s Environmental Restoration, Navy (“ER,N”) Account, Navy shall determine if planned Work (as outlined in the Draft Final Amendment to the SMP) can be accomplished with the allocated
Sample 1
Resolving Appropriations Shortfalls. 1. After authorization and appropriation of funds by Congress and within 21 days after USACE has received official notification of USACE’s/FUSRAP allocation based on the current year's budget, USACE shall determine if planned work (as outlined in the Draft Final Amendment to the Plan) can be accomplished with the allocated funds.
Sample 1
Resolving Appropriations Shortfalls. 1. After authorization and appropriation of funds by Congress and within 21 days after the Corps has received official notification of Corps’/FUSRAP allocation, the Corps shall determine if planned Work (as outlined in the Draft Final Amendment to the SMP) can be accomplished with the allocated funds.
Sample 1

Related to Resolving Appropriations Shortfalls

  • Regulatory Event New Taxes If, after the Effective Date, a Regulatory Event occurs or New Taxes are imposed, and such event or taxes have a direct, material and adverse effect on the economic benefits to a Party of this ESA, the affected Party shall send written notice to the other Party, setting forth the Regulatory Event or New Taxes and reasonably demonstrating the effect of the same on the affected Party. Upon delivery of such notice, the Parties shall use reasonable efforts to negotiate an amendment to this ESA to mitigate such effect. Alternatively, if as a direct result of such a Regulatory Event or New Taxes, the Competitive Supplier incurs additional, material costs, the Competitive Supplier shall provide a written notice to the Town that documents: a) the effective date of the Regulatory Event or New Taxes; b) a detailed explanation and reasonable demonstration of the material costs incurred as a result of the Regulatory Event or New Taxes; c) the timing of the cost impact to be incurred by the Competitive Supplier; d) the proposed price increase per kWh to be passed on to Participating Consumers; and e) a proposed plan for coordinating with the Local Distributor for an increase in the price per kWh that is billed by the Local Distributor, designed to reimburse the Competitive Supplier for such cost impact. If the Town and the Competitive supplier cannot agree on the amendment to this ESA or reimbursement contemplated by this section, the matter may be subject to dispute resolution in accordance with section 12.2. In no event shall a price change become effective without providing Participating Consumers with a 30-day advance notice of the price change.

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