PROJECT FORECAST definition

PROJECT FORECAST means a forecast from time to time prepared by the Borrower in accordance with Clause 19 of the Intercreditor Agreement utilising the Financial Model and delivered to the Agent in accordance with such Clause 19;
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PROJECT FORECAST. The entire project shall be periodically reevaluated to ensure that all elements of the project properly interrelate and that the forecasted overall project cost and schedule reflect the best, most current judgment of the project team. The objectives of a project forecast are to evaluate the current status of the total project cost (to-date and to-go) and the project schedule to determine critical items for review and action and to provide a sound basis for future project control. Project forecast typically includes budget, schedule and scope change reviews, escalation, contingency analyses, etc. Monthly Progress Report – Contractor’s Monthly Progress and Performance Report highlights key/major events accomplished, critical project issues (areas of concern), and proposed corrective actions (including PCJPB’s actions), project major milestones planned versus actual/forecast, key milestones and/or events for the next month. The monthly report shall include discipline highlights and a table showing plan versus actual progress for the development phase of the project. If significantly behind plan, the report shall include a brief explanation as to why progress has fallen behind and what corrective action is in progress or being planned to recover. Emphasis should be placed on addressing current events impacting the execution of the work and the proposed work around. An Overall Total Project Cost Summary that reflects total contract value to-date, contract payment status, Project Management Schedule along with critical path analyses, Project Change Log, Quality Compliance Report, and Safety Report and Risk Register shall also be part of monthly report submittal. PCJPB shall submit a project Monthly Progress Report to Grantee in support of Grants management and reporting.
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PROJECT FORECAST means the financial forecast attached hereto as Exhibit 8.
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Examples of PROJECT FORECAST in a sentence

  • If the Placement In Service of any Building is later than December 31, 202[X] and such delay results in the Company not being able to take bonus depreciation deductions available pursuant to Section 168(k) of the Code in the amount reflected on the Project Forecast, then the Capital Contribution obligation of the ILP will be recalculated and reduced by $[ ], which amount will offset the loss in yield due to the inability to take bonus depreciation deductions on such Building(s).

Related to PROJECT FORECAST

  • Forecast GDP means the average forecast for British Columbia’s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government;

  • Forecast has the meaning set forth in Section 4.1.

  • Rolling Forecast has the meaning set forth in Section 4.2.

  • Cash Flow Forecast means a 13-week cash flow forecast for the then applicable period, which shall include, among other things, anticipated cash collections and receipts and anticipated disbursements for each calendar week covered thereby.

  • Project Plan means the document to be developed by the Contractor and approved by Webel Technology Ltd., based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalized Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by Webel Technology Ltd. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • 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 Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • reasonable forecast means a forecast prepared by the Borrower not earlier than twelve months prior to the incurrence of the debt in question, which both the Bank and the Borrower accept as reasonable and as to which the Bank has notified the Borrower of its acceptability, provided that no event has occurred since such notification which has, or may reasonably be expected in the future to have, a material adverse effect on the financial condition or future operating results of the Borrower.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Project Schedule means a document that, with respect to each Phase of the Project, identifies, coordinates and integrates the anticipated design and construction schedules, the Contracting Authority’s and Owner's responsibilities, government authority reviews and other activities as are necessary for the timely completion of the Work.

  • 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.

  • Manufacturing operation means a process in which materials are changed, converted, or transformed into a different state or form from which they previously existed and includes refining materials, assembling parts, and preparing raw materials and parts by mixing, measuring, blending, or otherwise committing such materials or parts to the manufacturing process. "Manufacturing operation" does not include packaging.

  • 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.

  • Project Scope means the description or activity of work to be accomplished on the Project.

  • Business Plan means the information required to be supplied to the

  • technical specification means, with respect to any Software, the document setting forth the technical specifications for such Software and included in the Statement of Work.

  • Development Report means a written account of Licensee’s progress under the Development Plan having at least the information specified on Appendix B to this Agreement, and shall be sent to the address specified on Appendix B.

  • Development Plan has the meaning set forth in Section 3.2.

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

  • 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:

  • Development Phase means the period before a vehicle type is type approved.

  • Development Schedule shall have the meaning set forth in Section 1.1.

  • 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.

  • Research Budget has the meaning set forth in Section 3.2.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Operating Budget has the meaning given in Section 3.11(a).