Required Project Work definition

Required Project Work means repairs, maintenance, renewals, replacements, improvements or betterments required by federal or state law, a licensing or regulatory agency with jurisdiction over the Project, or this Agreement, or otherwise necessary to keep the Project in good and efficient operating condition, consistent with (1) sound economics for the Project and the Purchasers, and (2) national standards for the industry.14
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Required Project Work means Required Project Work as defined in Section 1, (hh) of the Power Contract.
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Required Project Work means repairs, maintenance, renewals, replacements, improvements, or betterments required by federal or state law, a licensing or regulatory agency with jurisdiction over the Project, or this Agreement, or otherwise necessary to keep the Project in good and efficient operating condition, consistent with (1) sound economics for the Project and (2) Prudent Utility Practice.
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Examples of Required Project Work in a sentence

  • Bylaws Section 5.11.4) – To discuss confidential financial matters regarding Required Project Work and financing, the immediate knowledge of which may have an adverse effect on the Authority or Project.

  • The following section of this letter provides summary analyses which shows the above-referenced proposed projects do meet the definition of Required Project Work as that term is defined in the PSA.

  • The first phase of the BPMC’s plan will serve to enhance the 7 The BPMC expects to be requesting determinations from the DOL regarding whether such projects are also Required Project Work under the PSA in the future.

  • The BPMC believes that both of these projects clearly meet the definition of Required Project Work as that term is defined in the PSA.

  • MOTION: A motion was made by Vice-Chair Janorschke that the Finance Subcommittee of the Special Committee on Required Project Work pursue project debt capped at the existing excess payments with the term of 28 years.

  • There were no questions.MOTION: A motion was made by Mr. Miller to enter into Executive Session to discuss confidential matters regarding Required Project Work and financing, the immediate knowledge of which may have an adverse effect on the Authority or the Project.

  • However, we have not analyzed other aspects of this transaction, such as the political, financial, tax or accounting aspects.Short Answer A: The purchase of BESS should be considered Required Project Work under the PSA.

  • This determination is required by the Bradley Lake Power Sales Agreement (PSA) in order to verify that the project meets the definition of Required Project Work.

  • The Department of Law, in a May 19, 2020 memorandum, concluded that AEA had the legal authority to acquire the SQ line and related assets, concluding that thetransaction was authorized under the PSA contract’s Required Project Work provision in order to improve delivery of power from the Bradley Lake Project.

  • Chair Izzo welcomed Joel Paisner, Ascent Law Partners, to provide information on the Required Project Work Letter to LAW.


More Definitions of Required Project Work

Required Project Work means repairs, maintenance, renewals, replacements, improvements or betterments required by federal or state law, a licensing or regulatory agency with jurisdiction over the Project, or this Agreement, or otherwise necessary to keep the Project in good and efficient operating condition,
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Related to Required Project Work

  • Project Work means the work required to complete the Project.

  • Covered Project means and includes any project which consists of one or more of the following:

  • Project Improvements means site improvements and facilities that are:

  • 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.

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • 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.

  • 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.

  • demolition work means a method to dismantle, wreck, break, pull down or knock down of a structure or part thereof by way of manual labour, machinery, or the use of explosives;

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

  • construction work permit means a document issued in terms of regulation 3; "contractor" means an employer who performs construction work;

  • RFP Project Documents means the following documents to be entered into in respect of the Project, by the parties to the respective agreements:

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

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

  • Construction Work means any work in connection with⎯

  • Excavation work means the making of any man-made cavity, trench, pit or depression formed by cutting, digging or scooping;

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Project Plans mean the plans for the Project that are attached to this Agreement as Exhibit “B.”

  • Project Plan means the document to be developed by the Contractor and approved by WTL, 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 Finalised 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 WTL. 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.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Site Improvements means any construction work on, or improvement to, streets, roads, parking facilities, sidewalks, drainage structures and utilities.

  • Tenant Improvements Defined in Exhibit B, if any.

  • 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.

  • Construction project means the same as that term is defined in Section 38-1a-102.