Project Reserves Sample Clauses
Project Reserves. Task 9 is broken down into the subtasks that correlate to the most current WBS provided to FRA in Task 5. These subtasks are included as line items in the Approved Project Budget. CHSRA will organize each invoice submitted to FRA according to the appropriate subtask and will provide a brief narrative describing what activities in this Task 9 were completed.
Project Reserves. Project Reserve Plan 10-11 Project Reserve Plan Quarterly Updates Quarterly
Project Reserves. (iii) proceeds from the disposition of any Company Property; and (iv) reserves from the Capital Contributions obtained from the Members. The financial information contained in the report will be prepared on the GAAP basis or such other basis as is acceptable to the Members. Such report shall state income from every source, including net gains from disposition or sale of Company assets.
Project Reserves. CHSRA will establish two Project Reserve accounts. The first would be for funds over and above the Unallocated Contingency that have been budgeted but not yet allocated to specific tasks. The second would be the aforementioned “Interim Use Reserve.” The Interim Use Reserve includes a connection on each end of the initial construction section in the Central Valley with the BNSF mainline plus associated PTC, and interim station (i.e., Amtrak) capital costs, totaling $108 million. The management and use of these reserve funds will be described in the updated Project-specific PMP and proceed only upon written approval from FRA and as an Amendment to this Agreement.
Project Reserves. Interim Use Reserve Task 10 Unallocated Contingency Task 10.1 Unallocated Contingency Task Description FY10 Grant ARRA Grant State Local Total Federal Federal PHASE 1 PROJECT DEVELOPMENT Task 1: Environmental Review Task 2:Preliminary Engineering (PE) Task 3:Other Related Work Needed Prior to Start of Construction Task 4: Project Administration and Statewide Cost Allocation Plan (SWCAP) FIRST CONSTRUCTION SECTION Task 5: Program, Project and FCS Construction Management Task 6: Real Property Acquisition and Environmental Mitigation Task7: Early Works Task 8: Final Design and Construction Contract Work for the FCS Task 9: Interim Use Project Reserve Task 10: Unallocated Contingency RDP Phase 1 Resource Agencies/Legal Costs Phase 1 San Francisco - San ▇▇▇▇ San ▇▇▇▇ – ▇▇▇▇▇▇ ▇▇▇▇▇▇ - Fresno Fresno – Bakersfield Bakersfield – Palmdale Palmdale - Los Angeles Los Angeles - Anaheim Project Administration and Indirect Costs Station Area Planning LAUS/Southern CA Improvements Task 1 A Environmental ReviewTask 2 A Preliminary Engineering (PE)Other Related Work Needed Prior to Start Task 3 A of ConstructionProject Administration and Statewide Task 4 A Cost Allocation Plan (SWCAP)Program, Project and FCS Construction Task 5 B ManagementReal Property Acquisition and Task 6 B Environmental Mitigation Task 7 B Early Work Program - N/A Final Design and Construction Contract Task 8 B Work for the FCSTask 9 B Interim Use Project Reserve ▇▇▇▇ ▇▇ B Unallocated Contingency 5 Project Development Source Project Development Use Construction Source Construction Use Total Sources Total Uses Balance Annual Expenditure and Forecast Plan By Funding Source Period Begin FY2010-11 7/1/2010 FY2011-12 7/1/2011 FY2012-13 7/1/2012 FY2013-14 7/1/2013 FY2014-15 7/1/2014 FY2015-16 7/1/2015 FY2016-17 7/1/2016 FY2017-18 7/1/2017 FY2018-19 7/1/2018 FY2019-20 7/1/2019 FY2020-21 7/1/2020 FY2021-22 7/1/2021 Period End 6/30/2011 6/30/2012 6/30/2013 6/30/2014 6/30/2015 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 Expenditures FY10 State Local Project Development Subtotal ARRA FY10 State Local Construction Subtotal ARRA FY10 State Local Project Development Subtotal ARRA FY10 State Local Construction Subtotal ARRA FY10 State Local ARRA FY10 State Local Total Sources Total Uses Balance 2 Period Begin FY2016-17 7/1/2016 8/1/2016 9/1/2016 10/1/2016 11/1/2016 12/1/2016 1/1/2017 2/1/2017 3/1/2017 4/1/2017 5/1/2017 6/1/2017 Project Development Subtotal ARRA FY10 State Local Construction...
Project Reserves. CHSRA will establish two Project Reserve accounts. The first would be for funds over and above the Unallocated Contingency that have been budgeted but notyet allocated to specific tasks. The second would be the aforementioned “Interim Use Reserve.” The Interim Use Reserve includes a connection on each end of the initial construction section in the Central Valley with the BNSF mainline plus associated PTC, and interim station (i.e., Amtrak) capital costs, totaling $108 million. The management and use ofthese reserve funds will be described in the updated Project-specific PMP and proceed only upon written approval from FRA and as an Amendment to this Agreement. Task 10 Unallocated Contingency CHSRA has allocated 5% of the Project budget as unallocated contingency. The management and use ofcontingency funds will be described in aContingency Management Plan that will be prepared as part ofthe updated Program Management Plan.