Investment Project definition
Examples of Investment Project in a sentence
The Signatories also have agreed that certain costs incurred subsequent to the test year, as well as related costs should be capitalized to the Regulatory Plan Capital Investment project to which they apply.
The project is consistent with the Major Property Investment project incentive sub-section of the Resolution for the Economic Development Financial Investment and Incentive Policy approved by the Durham City Council on April 4, 2011, which states that a project, within 10 years of the Council’s approval, must directly result in capital investment of at least $45,000,000 in mixed-use development within a CDA and that the maximum incentive payment can’t exceed 16% of the qualified capital investment.
Despite the above said, the changes in the Investment project, being imposed by changes in the legislation, having occurred after the deadline for submission of Proposals, shall be on the account of the CONTRACTING AUTHORITY and shall be additionally assigned under the PPL.
Notwithstanding the above stated, any changes in Investment project, required as a result of amendment of the laws that occurred after the term for submitting tender bids, shall be borne by THE CONTRACTING AUTHORITY and will be additionally awarded under the Public Procurement Act.
Therefore, the implementation of this investment will not progress based on the decision of the head of the province – Investment project implementation permit (IPIP), and, consequently, the mechanism for managing complaints at the stage of IPIP will not be applicable for the execution of this task.