Common use of Capital Projects Clause in Contracts

Capital Projects. 25.1 All capital projects, whether already underway or beginning during this period, are subject to the Department’s investment appraisal processes. Any capital expenditure that exceeds the BFI’s delegated capital limit must be referred to the DCMS Finance Committee for approval at three stages of development, as set out in guidance issued by the Department. The figure used in calculating whether the costs exceed the delegated limit is the lifetime cost of the capital project, including non- exchequer funding and any increased running costs ensuing from it.

Appears in 3 contracts

Samples: Management Agreement, Management Agreement, Management Agreement

AutoNDA by SimpleDocs

Capital Projects. 25.1 20.1. All capital projects, whether already underway under way or beginning during initiated following signing of this periodagreement, are subject to the Department’s investment appraisal processes. Any capital expenditure that exceeds the BFIBirmingham Organising Committee’s delegated capital limit must be referred to the DCMS Department’s Finance Committee for approval at three stages of development, as set out in guidance issued by the Department. The figure used in calculating whether the costs exceed the delegated limit is the lifetime cost of the capital project, including non- non-exchequer funding and any increased running costs ensuing from it.

Appears in 2 contracts

Samples: Management Agreement, Management Agreement

Capital Projects. 25.1 All 22.1.All capital projects, whether already underway or beginning during this period, are subject to the Department’s investment appraisal processes. Any capital expenditure that exceeds the BFIBTA’s delegated capital limit must be referred to the DCMS Finance Committee for approval at three stages of development, as set out in guidance issued by the Department. The figure used in calculating whether the costs exceed the delegated limit is the lifetime cost of the capital project, including non- non-exchequer funding and any increased running costs ensuing from it.

Appears in 2 contracts

Samples: Management Agreement, Management Agreement

Capital Projects. 25.1 18.1 All capital projects, whether already underway under way or beginning during initiated following signing of this periodagreement, are subject to the Department’s investment appraisal processes. Any capital expenditure that exceeds the BFIBirmingham Organising Committee’s delegated capital limit must be referred to the DCMS Department’s Finance Committee for approval at three stages of development, as set out in guidance issued by the Department. The figure used in calculating whether the costs exceed the delegated limit is the lifetime cost of the capital project, including non- non-exchequer funding and any increased running costs ensuing from it.

Appears in 2 contracts

Samples: Management Agreement, Management Agreement

Capital Projects. 25.1 22.1 All capital projects, whether already underway or beginning during this period, are subject to the Department’s investment appraisal processes. Any capital expenditure that exceeds the BFI’s delegated capital limit must be referred to the DCMS Finance Investment Committee for approval at three stages of development, as set out in guidance issued by the Department. The figure used in calculating whether the costs exceed the delegated limit is the lifetime cost of the capital project, including non- exchequer non-­‐exchequer funding and any increased running costs ensuing from it.

Appears in 1 contract

Samples: Management Agreement

AutoNDA by SimpleDocs

Capital Projects. 25.1 22.1. All capital projects, whether already underway or beginning during this period, are subject to the Department’s investment appraisal processes. Any capital expenditure that exceeds the BFIUK Anti-Doping’s delegated capital limit must be referred to the DCMS Finance Committee for approval at three stages of development, as set out in guidance issued by the Department. The figure used in calculating whether the costs exceed the delegated limit is the lifetime cost of the capital project, including non- non-exchequer funding and any increased running costs ensuing from it.

Appears in 1 contract

Samples: Management Agreement

Capital Projects. 25.1 22.1. All capital projects, whether already underway or beginning during this period, are subject to the Department’s investment appraisal processes. Any capital expenditure that exceeds the BFIUK Sport’s delegated capital limit must be referred to the DCMS Finance Committee for approval at three stages of development, as set out in Agreed Version - 21/02/2017 guidance issued by the Department. The figure used in calculating whether the costs exceed the delegated limit is the lifetime cost of the capital project, including non- non-exchequer funding and any increased running costs ensuing from it.

Appears in 1 contract

Samples: Sport Management Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.