PROJECT PREPARATION PHASE Sample Clauses

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PROJECT PREPARATION PHASE. During the Project Preparation phase both the CLIENT and OPTUM will form their respective team members who will be responsible for the implementation of the project. These team members will then begin preparations for the Project Initiation Review. These preparations include defining the scope of the first site, developing project risks and mitigation plans, preparing process flows and development of the Project Initiation Review (PIR) briefing.
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Related to PROJECT PREPARATION PHASE

  • Production Phase contract period in which the Development and the Production are to be performed.

  • Construction Phase Part 1 –

  • Construction Phase Fee Contractor’s Construction Phase Fee is the maximum amount payable to Contractor for any cost or profit expectation incurred in the performance of the Work that is not specifically identified as being eligible for reimbursement by Owner elsewhere in this Agreement. References in the UGSC to Contractor’s “overhead” and “profit” mean Contractor’s Construction Phase Fee. The Construction Phase Fee includes, but is not limited to, the following items: 9.1 All profit, profit expectations and costs associated with profit sharing plans such as personnel bonuses, incentives, and rewards; company stock options; or any other like expenses of Contractor.

  • Development Phase contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in ▇▇▇▇▇, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

  • Construction Phase Services 3.1.1 – Basic Construction Services