SCOPE AND BUDGET Sample Clauses

SCOPE AND BUDGET. The Project Scope and Budget are initially described in RECIPIENT’s Grant Application and incorporated by reference into this Agreement. Scope and Budget will be further developed and refined, but not substantially altered during the Design, Bid Authorization and Construction Phases. Any material alterations to the original Project Scope or Budget as initially described in the Grant Application must be authorized by TIB in advance by written amendment.
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SCOPE AND BUDGET. Under United States law, Grant Funds may be expended only for charitable, scientific, literary or educational purposes. This Grant is made only for the purposes stated in this Agreement and the Schedules attached hereto, and Grant Funds shall be used for such purposes in accordance with the Project Budget described in Section 3(b). Any Grant Funds not expended or committed for the purposes of the Grant, or within the period stated above, must be returned to the Foundation, unless otherwise authorized in writing by the Foundation.
SCOPE AND BUDGET. By October 1st of each Year during the Redetermination Period, Gatherer will develop and deliver to Producers a projected Scope and budget (the “Budget”) for the following Year to meet System Requirements. The Budget will be broken down into five general categories: well connect capital expenditure, infrastructure capital expenditure, facilities capital expenditure, operations support and other capital expenditure, and Operating Expense. Gatherer will reasonably consider and incorporate the suggestions and input of Producers into the preparation of the Scope and Budget. The Scope and Budget also will include projects that Gatherer reasonably believes are necessary for the System to be in compliance with applicable laws, rules, and regulations of any governmental authority and any other projects that Gatherer reasonably believes are necessary to meet applicable health, safety, and environmental requirements or standards (“Compliance Projects”). With respect to a single project or a series of related projects with Capital Expenditures in excess of ** (“Material Project”), Gatherer will provide project level detail for such projects as part of the Budget, along with key assumptions and design basis by Budget category.
SCOPE AND BUDGET. (1) The total budget, scope, and specific financial contributions to joint LOFAR2.0 Development and joint rollout processes have been agreed upon earlier by the ILT, as summarised in Table 3 in the Appendix; these budgets and scopes may be updated by decisions of the ILT Board. The value of FTEs provided in-kind to the execution of the LOFAR2.0 Development has been agreed by the ILT Board in accordance with the Financial Plan prepared for XXXXX XXXX. The specific contribution by INAF is set in proportion to its number of LOFAR stations existing or to be constructed (<one> stations as of September 2022). (2) <partner-acronym> agrees to participate in and reimburse the ILT to the full extent of its financial contribution in the cost of the LOFAR2.0 Development and joint rollout processes, as set by the ILT Board; current amounts are detailed in the Financial Plan of XXXXX XXXX and given in Table 3 of the Appendix. (3) The total costs of LOFAR2.0 Hardware items as of the date of signing of this Agreement are stated in Table 1 in the Appendix. Item costs based on binding quotes resulting from a call for tender are considered fixed in the context of this Agreement. Other items are considered current best estimates and may still vary based on market conditions. (4) Following any update from ASTRON, the ILT will inform INAF on its contribution share in the purchase cost of the LOFAR2.0 Hardware. (5) In case of cost increases that are larger than 5% for any individual item, or if the total cost exceeds the budgeted contingency of 15%, the ILT Board will decide on a course of action under the recommendation of ASTRON, before any commitments to suppliers are made. (6) The scope of the consolidated LOFAR2.0 Hardware procurement is identified in Table 2 in the Appendix, which lists explicitly the hardware for INAF. Table 2 is based on the item costs in Table 1, and is drawn up according to the specific hardware and quantities committed by INAF through this agreement for its existing stations that are to be upgraded or its station(s) to be constructed, as well as the costs of its resultant share in the stock of spares to be procured for joint ILT use. (7) Specific further roll-out costs for LOFAR2.0 Hardware roll-out costs, separately listed in Table 1, related to individual stations, are current best estimates and subject to change according to local conditions. (8) INAF agrees to reimburse the ILT for the full cost of procured LOFAR2.0 Hardware and its rollout at its...
SCOPE AND BUDGET. Before August 1, 2020, the IPC shall provide to the Governing Bodies a proposed scope of services and budget to complete the Strategy, making a good faith effort for an efficient process and affordable budget relative to the financial capabilities of the Parties. The IPC shall refer to the outline in Chapter 5 of the Vision and Directions volume of the Comprehensive Plan, but is not bound by such outline when developing the proposed scope and budget for the Strategy. The IPC shall identify potential outside funding sources and a potential distribution of funding from the Parties and other potential sources. In the completion of these scoping and budgeting assignments, the IPC shall confer with the staff and Economic Development Committee of the Sauk Prairie Chamber of Commerce (“the Chamber”), the staff of the Sauk County Economic Development Corporation, and the staff of the Parties.
SCOPE AND BUDGET. This Agreement is limited to the “Description of Services” set forth in Appendix A, attached hereto and incorporated by reference as though fully set forth. The breakdown of total project costs associated with this Agreement appears in Appendix B, “Project Budget, FY 2017/18 – FY 2018/19”. In no event shall the amount of this Agreement exceed three million dollars ($3,000,000).

Related to SCOPE AND BUDGET

  • Business Plan and Budget As soon as available, but in any event no later than forty five (45) days after the end of each fiscal year of the Borrower, an annual business plan and budget of the Borrower and its Subsidiaries on a Consolidated basis, including forecasts prepared by management of the Borrower, in form reasonably satisfactory to the Lender, of Consolidated balance sheets and statements of income or operations and cash flows of the Borrower and its Subsidiaries on a quarterly basis for the then current fiscal year. As to any information contained in materials furnished pursuant to Section 6.02(d), the Borrower shall not be separately required to furnish such information under Sections 6.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 6.01(a) and (b) above at the times specified therein.

  • Annual Work Plans and Budgets The Recipient shall furnish to the Association as soon as available, but in any case not later than September 1 of each year, the annual work plan and budget for the Project for each subsequent year of Project implementation, of such scope and detail as the Association shall have reasonably requested, except for the annual work plan and budget for the Project for the first year of Project implementation, which shall be furnished no later than one (1) month after the Effective Date.

  • Budget Consulting Engineer/Architect shall advise City if, in its opinion, the amount budgeted for construction is not sufficient to adequately design and construct the improvement as requested.

  • Timeline Contractor must perform the Services and deliver the Deliverables according to the following timeline:

  • Research Plan The Parties recognize that the Research Plan describes the collaborative research and development activities they will undertake and that interim research goals set forth in the Research Plan are good faith guidelines. Should events occur that require modification of these goals, then by mutual agreement the Parties can modify them through an amendment, according to Paragraph 13.6.

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