Forecast Allowable Project Spend definition

Forecast Allowable Project Spend means Allowable Project Spend estimated on a forward looking basis to be incurred by the Infrastructure Provider in accordance with this Agreement, but (save to the extent required in respect of a Predicted Overrun) not yet verified by the Independent Technical Assessor in accordance with the Project Licence and this Agreement, stated in 2014/15 prices by way of deflation based on the 2014/15 RPI Adjustment Factor (as defined in the Project Licence); provided that, for the purposes of calculating a Predicted Overrun, the deflation shall instead be based on the Forecast Cost Adjustment Factor for the Charging Year in question;
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Forecast Allowable Project Spend means Allowable Project Spend estimated on a forward looking basis to be incurred by the Infrastructure Provider in accordance with the Liaison Agreement, but (save to the extent required in respect of a Predicted Overrun) not yet verified by the Independent Technical Assessor in accordance with this Project Licence and the Liaison Agreement, stated in 2014/15 prices by way of deflation
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Forecast Allowable Project Spend means Allowable Project Spend estimated on a forward looking basis to be incurred by the Infrastructure Provider in accordance with the Liaison Agreement, but (save to the extent required in respect of a Predicted
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Examples of Forecast Allowable Project Spend in a sentence

  • Forecast Allowable Project Spend Outturn prices, £Source: "2020 Revenue Statement - ITA Q2 2020-21 Expenditure Forecast Review - Rev 001 - Issued" - for full- year 2020/21, 2021/22 and 2022/23 forecast.


More Definitions of Forecast Allowable Project Spend

Forecast Allowable Project Spend means Allowable Project Spend estimated on a forward looking basis to be incurred by the Infrastructure Provider in accordance with the Liaison Agreement but not yet verified by the Independent Technical Assessor in accordance with this Project Licence and the Liaison Agreement stated in [2010/11] prices by way of deflation based on [2010/11] RPI Adjustment Factor.
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Related to Forecast Allowable Project Spend

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Maximum allowable cost list means a list of drugs for

  • 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.

  • The Contract Price/ Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Qualified Project Costs shall have the meaning given to it in the Regulatory Agreement.

  • Finished water means the water that is introduced into the distribution system of a public water system and is intended for distribution and consumption without further treatment, except as treatment necessary to maintain water quality in the distribution system (e.g., booster disinfection, addition of corrosion control chemicals).

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Project Revenue means all net rents, proceeds, revenue and other income derived by the City by virtue of any lease, sale, conveyance or other disposition of any part of the Project, plus all sums received by the City as a result of damage to or destruction or condemnation of the Project, but shall not mean any part of the Tax Revenue.

  • Approved Operating Expenses means Operating Expenses incurred by Borrower or by any Manager on Borrower’s behalf (excluding any Restricted Payments) which (i) are included in the Approved Annual Budget for the current calendar month, (ii) are for real estate taxes, insurance premiums, electric, gas, oil, water, sewer or other utility service to the Properties, (iii) are for Management Fees, or (iv) have been approved in writing by Lender as Approved Operating Expenses; provided, however, that Approved Operating Expenses shall also include, for any calendar month in which Operating Expenses exceed the Monthly Operating Expense Budgeted Amount, the amount of such excess Operating Expenses up to and not to exceed ten percent (10%) of the Monthly Operating Expense Budgeted Amount for such calendar month as to which Borrower provides to Lender a reasonably detailed explanation of the reasons for and expenditures resulting in Operating Expenses exceeding the Monthly Operating Expense Amount.

  • 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.

  • Unallowable Costs has the same meaning as in 44 Ill. Admin. Code Part 7000.

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

  • Eligible Projects means projects as described in Schedule B.

  • Project area budget means a multiyear projection of annual or cumulative

  • generating plant means the generating facility described in Schedule 1 as amended from time to time;

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • 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.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Development Budget shall have the meaning set forth in Section 3.3.

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • Project Revenues means revenues derived from the service of Project Water to Contractors and others, and from the sale or other disposal of electrical energy generated in connection with operation of Project Facilities.