Actual Project Cost definition

Actual Project Cost means the actual capital cost incurred by the Concessionaire on the Project and/or the Project Facilities and Services as certified by the Statutory Auditor and if the same exceeds the Estimated Project Cost and/or does not form part of the Financing Plan submitted prior to Financial Close, the amount of the Estimated Project Cost or in the Financing Plan as the case may be increased by the amount(s) approved in writing by the Concessioning Authority.
Sample 1Sample 2Sample 3
Actual Project Cost means the actual amount of money expended to design and construct the Baseline Project.
Sample 1Sample 2
Actual Project Cost means the actual capital cost incurred by the Developer on the Project and/or the Project Facilities as certified by the Statutory Auditor
Sample 1Sample 2

Examples of Actual Project Cost in a sentence

  • Xx. 4 calculation: The shortfall/excess amount shall be reconciled once Actual Project Cost for InCITE and Allied works is finalised i.e., after the Construction and Maintenance agency fee is finalized For X.Xx. 5 calculation of the Fee shall be based on the Actual Project Cost in constructing InCITE by Construction and Maintenance agency.


More Definitions of Actual Project Cost

Actual Project Cost means all Project Costs and other costs incurred to complete the Project (including Project Costs in respect of the Finance Documents) on or before Final Acceptance.
Sample 1Sample 2
Actual Project Cost means the actual Capital cost incurred by the Concessionaire on the project and/or Project facilities and services, as certified by Statutory Auditor and if the same exceeds the Estimated Project Cost and/or does not form part of the Financing Plan prior to Financial Close, the amount of the Estimated Project Cost or in the Financing Plan as the case may be, increased by the amount(s) approved in writing by the Concessioning Authority.
Sample 1
Actual Project Cost means all Project Costs and other costs incurred to complete the Project (including Project Costs in respect of the Finance Documents) on or before Final Acceptance. Additional Cost Rate has the meaning given to it in Schedule 6 (Mandatory Cost Formulae). Affiliate means, in relation to any person, a Subsidiary of that person or a Holding Company of that person or any other Subsidiary of that Holding Company. 1 Agents means the K-sure Agent and the Facility Agent.
Sample 1
Actual Project Cost means an amount of Rupees ***** crore, as determined in accordance with the provisions of the Concession Agreement;
Sample 1
Actual Project Cost means the actual direct completion cost of the Oleoducto Central determined as of the date and on the basis set forth in the Oleoducto Central Agreement.
Sample 1
Actual Project Cost shall have meaning as defined in clause 6.1.3 and it shall include costs towards building the facilities, the complete civil and structural, mechanical, electrical, plumbing and fire protection and finishing works, interior works, landscaping works, outdoor attractions, instruments/ equipment etc. for the development of the Project. The Actual Project Cost shall be separate for INCITE and Allied Works.
Sample 1

Related to Actual Project Cost

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Total Project Cost means all the funds to complete the effort proposed by the Applicant, including DOE funds (including direct funding of any FFRDC) plus all other funds that will be committed by the Applicant as Cost Sharing.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.