BUDGETED AMOUNT Clause Samples
The BUDGETED AMOUNT clause defines the maximum financial limit allocated for a specific project, service, or contract. It sets a cap on the total expenditures that can be incurred, ensuring that spending does not exceed the agreed-upon budget. For example, it may specify that all costs, fees, and expenses related to the work must remain within a predetermined dollar amount. This clause is essential for controlling costs and preventing budget overruns, thereby providing financial discipline and predictability for all parties involved.
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BUDGETED AMOUNT. A. Required Training The award of this Agreement shall not exceed $461,495.23 to include training, backfill and overtime and travel as appropriate. Any increases to this amount shall be agreed upon by Cal OES and the Fire Agency. Additionally, there is no obligation on Cal OES’s part to utilize the entire amount. This contract includes $125,000.00 training dollars for the Fire Agency to attend and complete their certified Hazmat Technician A thru D, Hazmat Specialist F & G, and Assistant Safety Officer (ASO) training that meets California Specialized Training Institute requirement/standards. This contract also includes $1,350.00 for tuition to send three personnel to attend ASO training to be scheduled by CSTI outside of your jurisdiction. This training should be completed by June 30, 2018. In order to maximize the training benefit and build response capability statewide, Fire Agency and Cal OES agree that in any class offered under this Agreement, excess training spaces (up to normal class fill) will be open to enrollment for other agencies, at no tuition charge to those agencies or their personnel. Priority is HMBR team hosting the training, HMBR team from another jurisdiction, responders from hosting jurisdiction, and responders from another jurisdiction.
BUDGETED AMOUNT. Prior to the beginning of each year (or part thereof) during the Contract Period, the Steering Committee shall approve a budget (the "Budget") of the Funding Amounts by OSI and Vanderbilt necessary to fulfill the duties ------------------- ** This portion has been redacted pursuant to a request for confidential treatment.
BUDGETED AMOUNT. The initial award of this Agreement shall not exceed $572,000.00 and there is no obligation on the State’s part to utilize the entire amount. Any increases in the budgeted amount will be at the rate identified in Exhibit B. The State is to only be billed per usage.
BUDGETED AMOUNT. A. Required Training The award of this Agreement shall not exceed $452,455.10 to include training, backfill and overtime and travel as appropriate. Any increases to this amount shall be agreed upon by Cal OES and the Fire Agency. Additionally, there is no obligation on Cal OES’s part to utilize the entire amount. This contract includes $217,350 to attend Hazmat Technician A thru D and Hazmat Specialist F & G outside your jurisdiction to be scheduled with California Specialized Training Institute (CSTI). This also includes tuition for three personnel to attend Assistant Safety Officer training to be scheduled by CSTI outside of your jurisdiction. This training should be completed by June 30, 2018. In order to maximize the training benefit and build response capability statewide, Fire Agency and Cal OES agree that in any class offered under this Agreement, excess training spaces (up to normal class fill) will be open to enrollment for other agencies, at no tuition charge to those agencies or their personnel. Priority is HMBR team hosting the training, HMBR team from another jurisdiction, responders from hosting jurisdiction, and responders from another jurisdiction.