Examples of Total Eligible Project Cost in a sentence
Submittal of Project cost details is required to report Total Eligible Project Costs and to ensure incentive limits are not exceeded.Equipment and other costs outside of the project envelope are considered ineligible project costs but must also be reported.The following costs may be included in Total Eligible Project Cost: 1.
Equipment and other costs outside of the project envelope are considered ineligible project costs but must also be reported.The following costs may be included in Total Eligible Project Cost: 1.
Except for open space land acquisition projects, the figure under the "Total Eligible Project Cost" includes the estimated total eligible building costs, the related costs for construction services (i.e., administrative, legal, engineering, inspection, one year start-up services, etc.), the allowance for planning and/or design, three percent for the recipient's administrative costs, and a five percent contingency cost.
Equipment and other costs outside of the project envelope are considered ineligible project costs but must also must be reported.The following costs may be included in Total Eligible Project Cost: 1.
Total Eligible Project Cost: $ PARC Request: $ (52-70% of total project cost based on Equalized Valuation Per Capita, can be found on DCS web page, maximum of $400,000)Municipal Share: $ (Community Development Block Grant via federal or local government sources, Community Preservation Act, etc., please specify in narrative) Other: $(i.e. private donation to community, fund raising, etc.
Therefore, they are not included in Total Eligible Project Cost above.
Total Eligible Project Cost * % State Funding (either 0.75 or 0.85) = State Funds Requested For example, if the total eligible project cost is $200,000, the State Funds Requested would be $150,000 and the Local Match would be $50,000.
Total Eligible Project Cost: SGIP program rules require that this Agreement state the Total Eligible Project Cost.
Project 1 - FY20 Section 5311 Rural CARES Act Operating Assistance (Intercity Bus) - $2,877,710 Project 2 - FY20 Section 5311 Rural CARES Act Operating Assistance (Unrestricted) - $9,169,531Project 3 - FY20 Section 5311 Appalachian CARES Act Operating Assistance (Appalachian Development) - $318,000 Total Eligible Project Cost: $12,365,241.
Determining Total Eligible Project Cost and State Funding Request When estimating the total eligible project cost, the applicant should calculate the cost to complete each task included in the project scope of work which may include costs associated with project management and grant administration.