Preliminary eligible costs definition

Preliminary eligible costs means the initial eligible costs of a
Preliminary eligible costs means the initial eligible costs of a school facilities project as calculated pursuant to the formulas set forth in section 7 of P.L.2000, c.72 (C.18A:7G-7) or as otherwise provided pursuant to section 5 of P.L.2000, c.72 (C.18A:7G-5) and which shall be deemed to include the costs of construction and other allowable costs;
Preliminary eligible costs means the initial Approved Costs of the School Facilities Project determined pursuant to the formulas set forth in N.J.S.A. 18A:7G-7, which shall be deemed to include the costs of construction and other allowable costs.

Examples of Preliminary eligible costs in a sentence

  • Preliminary eligible costs so calculated shall not be less than zero.

  • Preliminary eligible costs for construction of new school facilities and additions to school facilities, characterized by an increase in the square footage of the school facility, shall be approved only if necessary for reasons of unhoused students.

  • Preliminary eligible costs and final eligible costs for the school facilities project shall be determined consistent with this chapter.

  • Preliminary eligible costs for purchase of an existing facility to be used as a school facility shall be determined in accordance with the methodology for new construction, with preliminary eligible costs determined pursuant to subsection a.

  • Preliminary eligible costs for construction of new school facilities and additions to school facilities pursuant to this subsection shall be calculated as follows: Preliminary eligible costs = AU x C where AU is the approved area for unhoused students; and C is the area cost allowance.

  • Preliminary eligible costs for rehabilitation projects pursuant to this subsection shall be calculated as follows: Preliminary eligible costs = estimated actual costs.

  • Preliminary eligible costs for new construction done in lieu of rehabilitation projects which does not meet the requirements of subsection b.

  • Preliminary eligible costs shall be approved for a rehabilitation project which means the reconstruction, remodeling, alteration, modernization, renovation or repair of school facilities but only for the purpose of keeping the school building functional for its original purpose or for new purposes that can be accomplished without increasing the gross square footage of the original facility.


More Definitions of Preliminary eligible costs

Preliminary eligible costs means the initial eligible costs of a school facilities project, which shall be deemed to include the costs of construction and other allowable costs, as calculated pursuant to the formulas set forth inN.J.S.A. 18A:7G-7 after the completion of preconstruction
Preliminary eligible costs means the initial eligible costs of a school facilities project as calculated pursuant to the formulas set forth in section 7 of this act which shall be deemed to include the costs of construction and other allowable costs;
Preliminary eligible costs which means the initial eligible costs of a school facilities project as defined in N.J.S.A. 18A:7G-5 or 18A:7G-7;

Related to Preliminary eligible costs

  • Eligible Costs means the actual costs reasonably incurred by the Recipient:

  • 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.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”