Examples of Project life in a sentence
The development of a pipeline of subprojects has to be an ongoing exercise over the Project life (and possibly beyond).
Thereafter new subprojects will be identified and implemented over the Project life.
To amortize the emissions over the life of the Project, the SCAQMD recommends calculating the total GHG emissions for the construction activities, dividing it by a 30-year Project life then adding that number to the annual operational phase GHG emissions (48).
Environmental monitoring is a continuous process throughout the Project life cycle starting from site selection to construction and maintenance state.
The description shall include the following information: Background informationBackground information shall include: Title of the proposed project and developer; Project justification and objectives; Funds and source of funding or financier(s); Project location including maps of appropriate scale; Project design, size, and capacity; Area of influence of the project works; Project life span and Project components; Land size required.
The following additional requirements apply to the Pre-Construction Phase and to the overall Project life.
To amortize the emissions over the life of the Project, the SCAQMD recommends calculating the total GHG emissions for the construction activities, dividing it by a 30-year Project life then adding that number to the annual operational phase GHG emissions (54).
Capitalised equipment is stated at cost and is depreciated over its useful economic life as follows: Non-Computer Equipment – 10 yearsComputer Equipment – 3 yearsResearch equipment – Project life – 2 years generallyFurniture – 10 yearsResidences - Furniture and Fittings – 8 years Where equipment is acquired with the aid of specific grants it is capitalised and depreciated in accordance with the above policy.
Based on a 10-15% penetration of PV over the Project life and beyond, it was estimated that ASPIRE can catalyze 35-50 MW of PV generation during a 10 year period7.
For these reasons it is important to develop and retain civil servants with experience and expertise in this area, so that this expertise will be sustained beyond the Project life.