Examples of Predevelopment activities in a sentence
Pre-development activities involve costs incurred in the exploration stage that may ultimately benefit production that are expensed due to the lack of evidence of economic development, which is necessary to demonstrate future recoverability of these expenses.
All costs will be paid on a reimbursement basis and must be documented As a reference, DOS generic work plans describing tasks necessary to prepare a County-wide Pre- Planning analysis, a BOA Plan, BOA Predevelopment activities or Phase II Environmental Site Assessments are available at: https://dos.ny.gov/funding-bid-opportunities.
Pre-development activities that fall under Eligible Expenditure as per the Guidelines can be included in the Project budget.
Draw requests amount requested by the Applicant and shall be accompanied by invoices, cancelled checks or other such documentation to evidence the amount of the draw request and eligible Predevelopment activities.
Pre-development activities and costs can be used to meet readiness requirements.Indirect CostsIndirect costs may account for up to 10 percent (10%) of the total TCC grant award.Indirect costs are costs of doing business that are of a general nature.