Allowance for Planning and Design. The amount requested for this line item on the application was $267,000. The allowable amount for this line item based on the allowable building costs and the planning and design allowance as per N.J.A.C. 7:22-5.12 is as follows: $250,000 + 0.12 x ($3,486,025 - 1,000,000) = $548,323. At the request of the applicant the amount is reduced to $276,000. Allowable Planning and Design Allowance is $267,000. Middlesex Water Company
Appears in 2 contracts
Samples: Loan Agreement (Middlesex Water Co), Loan Agreement (Middlesex Water Co)
