Revenue Forecasting Sample Clauses
The Revenue Forecasting clause establishes the process and requirements for predicting future income generated under the agreement. Typically, it outlines how and when revenue projections should be prepared, who is responsible for providing the forecasts, and the level of detail or supporting data required. This clause helps both parties plan and allocate resources effectively by providing a structured approach to estimating future revenues, thereby reducing uncertainty and supporting informed business decisions.
Revenue Forecasting. Each Member State shall annually submit its forecast for customs and excise revenue to the Secretariat for use in the calculation of revenue shares.
Revenue Forecasting. Revenue forecasts include all “reasonably anticipated” revenues known to be available to the Colorado Transportation Commission to fund capital improvements, maintenance, and operations for existing and expanded facilities and services of the state of Colorado’s transportation system. Every four to six years, Congress passes a new surface transportation act. For resource allocation purposes, it is assumed that the federal program will continue at the same funding level and contain the same program categories. Because of the uncertainty of revenue, especially those variable sources such as state legislation, the availability of funds may impact a project delivery schedule.