Common use of Planned Improvement Projects Clause in Contracts

Planned Improvement Projects. An improvement project is any project with a total estimated cost in excess of one million dollars ($1,000,000) or such other amount as Owner may establish, including but not limited to any upgrade, replacement, addition, or program, which is not mandatory as defined in (c) above. Examples of such projects include efforts to improve performance of a Generation Facility or conditions, such as improved Generation Facility capacity or efficiency, enhanced working conditions, and appearance. The associated schedule and estimated annual funding requirements shall be included.

Planned Improvement Projects. An improvement project is any project with a total estimated cost in excess of one million dollars ($1,000,000) or such other greater amount as Owner the Nuclear Managing Board may establish, including but not limited to any upgrade, replacementmodification, addition, or program, which is not mandatory as defined in (ciii) above. Examples of such projects include efforts to improve plant performance of a Generation Facility or conditions, such as improved Generation Facility plant capacity or efficiency, enhanced working conditions, and appearance. The associated schedule and estimated annual funding requirements shall be included.