Common use of Scope of Eligible Expenditures Clause in Contracts

Scope of Eligible Expenditures. Eligible Expenditures include, at the Province’s sole discretion, the following Financial Impacts incurred during the Eligibility Period: (a) The following revenue losses measured against the Operating Budget (i.e., (revenue amount in the Operating Budget minus the actual revenue amount during the Eligibility Period) minus the non-COVID-19 pandemic revenue amount = the eligible revenue loss amount), that, in the opinion of the Province, the Recipient properly and reasonably incurred as a result of the COVID-19 pandemic will be considered Eligible Expenditures: (i) farebox revenue losses; (ii) advertising revenue losses; (iii) parking revenue losses; (iv) contract revenue losses; and (v) any other revenue loss the Recipient incurred as a result of the COVID-19 pandemic that, in the opinion of the Province, is considered eligible. (b) The following operating costs measured against the Operating Budget (i.e., (operating costs amount in the Operating Budget minus the actual operating costs amount during the Eligibility Period) minus the non-COVID-19 pandemic operating costs amount = the eligible operating costs amount) that, in the opinion of the Province, the Recipient properly and reasonably incurred and paid as a result of the COVID-19 pandemic will be considered Eligible Expenditures: (i) costs associated with vehicle cleaning, except for those for which MTEC funds have been provided or claimed; (ii) costs associated with changes in fuel consumption (e.g., increases due to running additional buses or savings in consumption relating to lower service levels than budgeted, or both); (iii) costs associated with vehicle maintenance; (iv) costs associated with transit facilities; (v) costs resulting from existing contracts with expanded scope/new contracts; (vi) employee related costs (i.e., salaries, wages, benefits); (vii) costs for employee personal protection equipment (e.g., face masks, gloves, sanitizer); (viii) costs for signage and other means of communications related to the COVID-19 pandemic (e.g., social distance guidance); and (ix) any other operating cost the Recipient incurred as a result of the COVID-19 pandemic that, in the opinion of the Province, is considered eligible. (c) The following capital costs that, in the opinion of the Province, the Recipient properly and reasonably incurred and paid as a result of the COVID-19 pandemic, will be considered Eligible Expenditures: (i) costs associated with installing driver protection barriers and other protection measures for transit drivers; (ii) costs associated with providing passenger protection equipment and other passenger safety measures; and (iii) any other capital cost the Recipient incurred as a result of the COVID-19 pandemic that, in the opinion of the Province, is considered eligible.

Appears in 9 contracts

Samples: Transfer Payment Agreement, Transfer Payment Agreement, Transfer Payment Agreement

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