Examples of Project Estimate in a sentence
This shows a schedule of authorities and lists the officers who can authorise increases in contract sums for payments in accordance with the terms of the contract subject to the Approved Project Estimate (APE) not being exceeded.
ERA is required for Cat A, B and C projects in accordance with the procedures and requirements stipulated in paragraph 5.1. In addition, the requirements laid down by the respective project office for submission of cost estimate to their Project Estimate Control Committee for vetting and endorsement shall also be followed.
If the actual Project cost is less than the Project Estimate the amounts owed will be adjusted according to the percentages.
If the Project Estimate or associated financial allocations are adjusted to reflect updated costs, MaineDOT will consult with PACTS and the Municipality before such adjustments are approved and implemented.
The Finance Committee of the Legislative Council approved the funding application for increasing the Approved Project Estimate of 63TR by $847.7 million from $6,254.9 million to $7,102.6 million at its meeting on 17 June 2017 for the additional fund required by the Government for the SCL advance railway works.