Economically justified definition

Economically justified means that the anticipated benefits will exceed the costs.(j) Eligible entity means one of the following:
Economically justified means the initial cost is less than the present discounted value of resulting savings over the life of a component or requirement using future actual dollars and a market rate of interest.
Economically justified means thatthe anticipated benefits to the community(ies) will exceed the costs.(j) Eligible entity means one of thefollowing:

Examples of Economically justified in a sentence

  • Economically justified recreation facilities are cost shared 50 percent Federal and 50 percent non-Federal.

  • The specific requirement of the feasibility phase is to identify a plan that is: • Technically feasible from an engineering standpoint (i.e., sound engineering design).• Economically justified.

  • Economically justified and efficient investments will be harder to demonstrate and greater industry uncertainty will result.

  • Economically justified adaptation of this type of production can be achieved by introducing new innovative highly effective technological solutions and up-to-date highly productive technological equipment.

  • Economically justified discounts should be taken within the “Discount Period” whenever offered by the contract document or Invoice.

  • Economically justified measures to reduce or eliminate storm damages to existing harbor facilities would inherently protect vessels and facilities expected to be present in the future, and would in all likelihood induce additional boating use and facilities.

  • Economically justified and unjustified high-speed roads in 2021 No. Road IRR, %Discounted road user benefits calculated for 20-year period, mill.

  • Economically justified and legally supported decisions will solve many problematic aspects of socio- economic development in the face of severe financial constraints and economic downturn.

  • Heads of the municipalities in the oblast approve by issuing the relevant resolutions two different tariffs over the reform period:=> Economically justified tariffs reflecting full service cost;=> Household tariffs for certain services are set within the regional standards (see 1.2).


More Definitions of Economically justified

Economically justified means that the anticipated benefits to the community(ies) will exceed the costs.

Related to Economically justified

  • Economically disadvantaged means a pupil who has been determined eligible for free or reduced-price meals as determined under the Richard B. Russell national school lunch act, 42 USC 1751 to 1769j; who is in a household receiving supplemental nutrition assistance program or temporary assistance for needy families assistance; or who is homeless, migrant, or in foster care, as reported to the center.

  • Socially and economically disadvantaged person means an individual who is a citizen or lawful permanent resident of the United States and who is Black, Hispanic, Native American, Asian, Female; or a member of another group or an individual found to be disadvantaged by the Small Business Administration pursuant to Section 3 of the Small Business Act.

  • Unreasonably impracticable means that the measures necessary to comply with the regulations require such a high investment of risk, money, time, or any other resource or asset that the operation of a marijuana establishment is not worthy of being carried out in practice by a reasonably prudent businessperson.

  • Economically disadvantaged individual means an individual who is either: (1) eligible for services under the Workforce Investment Act of 1988 (WIA) (29 U.S.C.A 2801 et seq.), as determined by the San Francisco Private Industry Council; or (2) designated “economically disadvantaged” for the First Source Hiring Administration, as an individual who is at risk of relying upon, or returning to, public assistance.

  • Discriminatory practice means the violation of law referred to in Section 46a-51

  • Socially and economically disadvantaged individual means any individual who is a citizen (or lawfully admitted permanent resident) of the United States and who is —

  • Socially and Economically Disadvantaged Individuals means those individuals who are citizens of the United Stated (or lawfully admitted permanent residents) and who are women, Black Americans, Hispanic Americans, Native Americans, Asian-Pacific Americans, or Asian-Indian Americans and any other minorities of individuals found to be disadvantaged by the Small Business Administration pursuant to Section 8 (a) of the Small Business Act, RIPTA shall make a rebuttal presumption the individuals in the following groups are socially and economically disadvantaged. RIPTA may also determine, on a case-by-case basis, that individuals who are not a member of one of the following groups are socially and economically disadvantaged:

  • Medically Appropriate means services and medical supplies required for prevention, diagnosis, or treatment of a physical or behavioral health condition or injuries that are:

  • reasonably practicable means practicable having regard to-

  • Deadly weapon means any weapon, whether loaded or unloaded, from which a shot may be discharged, or a switchblade knife, gravity knife, billy, blackjack, bludgeon, or metal knuckles.

  • Developmentally appropriate means suitable to the chronological age range and developmental characteristics of a specific group of children.

  • Viable means the stage of development of a human fetus at which there is a realistic possibility of maintaining and nourishing of a life outside the womb with or without temporary artificial life-sustaining support.

  • As low as is reasonably achievable (ALARA) means making every reasonable effort to maintain exposures to radiation as far below the dose limits in these regulations as is practical, consistent with the purpose for which the licensed or registered activity is undertaken, taking into account the state of technology, the economics of improvements in relation to state of technology, the economics of improvements in relation to benefits to the public health and safety, and other societal and socioeconomic considerations, and in relation to utilization of nuclear energy and licensed or registered sources of radiation in the public interest.

  • Group practice means a group of two or more health care providers legally organized as a partnership, professional corporation, or similar association:

  • undesirable practice means (i) establishing contact with any person connected with or employed or engaged by the Authority with the objective of canvassing, lobbying or in any manner influencing or attempting to influence the Bidding Process; or (ii) having a Conflict of Interest; and

  • REASONABLY SAFE FROM FLOODING Means base flood waters will not inundate the land or damage structures to be removed from the floodplain and that any subsurface waters related to the base flood will not damage existing or proposed buildings.

  • Disadvantaged Business means a small business concern: (a) which is at least 51 percent owned by one or more socially and economically disadvantaged individual(s) or in the case of any publicly owned business, at least 51 percent of the stock of which is owned by one or more socially and economically disadvantaged individual(s); and (b) whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individual(s) who own it. It is important to note that the business owners themselves must control the operations of the business. Absentee ownership or title ownership by an individual who does not take an active role in controlling the business is not consistent with eligibility as a DBE under CFR 49 Part 26.71.

  • Financially Literate means the ability to read and understand a set of financial statements that present a breadth and level of complexity of accounting issues that are generally comparable to the breadth and complexity of the issues that can reasonably be expected to be raised by the Corporation’s financial statements.

  • concerted practice means cooperative or coordinated conduct between firms, achieved through direct or indirect contact, which replaces their independent action, but which does not amount to an agreement;

  • Uniform Standards of Professional Appraisal Practice means the current standards of the appraisal profession, developed for appraisers and users of appraisal services by the Appraisal Standards Board of the Appraisal Foundation.

  • Small disadvantaged business concern means a small business concern that represents, as part of its offer that—

  • Technically Feasible refers solely to technical or operational concerns, rather than economic, space, or site considerations.

  • Disadvantaged Worker means any person who:

  • medically approved means certified by a medical practitioner;

  • Enforced disappearance of persons means the arrest, detention or abduction of persons by, or with the authorization, support or acquiescence of, a State or a political organization, followed by a refusal to acknowledge that deprivation of freedom or to give information on the fate or whereabouts of those persons, with the intention of removing them from the protection of the law for a prolonged period of time.

  • Medically Necessary means a service which is appropriate and consistent with the treatment of the condition in accordance with accepted standards of community practice.