Contribution in aid of construction, definition

Contribution in aid of construction, as used in this subrule, means a nonrefundable cash payment grossed-up for the income tax effect of such revenue covering the costs of a distribution main extension or service line that are in excess of costs paid by the utility. The amount of tax shall be reduced by the present value of the tax benefits to be obtained by depreciating the property in determining the tax liability.
Contribution in aid of construction, means the nonrefundable classification of money received for payment of construction costs exclusive of tap fees and the utilized Construction Allowance.
Contribution in aid of construction, as used in these subrules, means a nonrefundable cash payment covering the costs of an extension that are in excess of utility-funded allowances. Cash

Examples of Contribution in aid of construction, in a sentence

  • Contribution in aid of construction means a nonrefundable cash payment covering the costs of an extension that are in excess of Cooperative funded allowances.

  • Contribution in aid of construction for the underground facilities shall be made as required by the appropriate section of the Construction Policy.

  • Contribution in aid of construction - any amount of money or property contributed to the Company to the extent that the purpose of the contribution is to provide for Line Extensions for new or expanded customer loads.

  • This information covered broad issues on maw trade and processing including the major players, policy, legal and regulatory frameworks, licensing and cross-border trade issues, organization and structure of maw trade subsector, trading volumes, revenues, tariffs and royalties, existing enforcement mechanisms, related research scopes and findings.

  • Section 1.118–2 is added to read as follows:§ 1.118–2 Contribution in aid of construction.


More Definitions of Contribution in aid of construction,

Contribution in aid of construction, means the amount of money calculated by the Cooperative, based on Prudent Cooperative Utility Practices, to be paid by a Member, owner or developer as reimbursement for all or a portion of the Cooperative’s Costs in providing Electric Service and/or Facilities as requested, to the extent that the purpose of the contribution is to extend, expand, improve or replace Facilities, factoring in where appropriate the recovery of Costs based on anticipated revenue of the load within a reasonable time. Unless otherwise agreed Contributions-in-Aid-of-
Contribution in aid of construction, means a monetary contribution, paid by a developer or local unit of government to a utility providing natural gas service to a community receiving that service as the result of a natural gas extension project, that reduces or offsets the difference between the total revenue requirement of the project and the revenue generated from the customers served by the project.
Contribution in aid of construction, means the amount calculated by the Cooperative, based on Prudent Cooperative Utility Practices, paid by a Member as reimbursement for the Cooperative’s Cost in providing Electric Service and/or Facilities as requested by a Member above what it would have cost the Cooperative to provide Electric Service and/or Facilities by the Cooperative’s standard means (e.g., overhead service) to the Member.
Contribution in aid of construction,. (“CIAC”) as used herein shall mean cash, services, funds, property or other value received by the Company from State, municipal, or other governmental agencies, individuals, contractors, or others for the purpose of constructing or aiding in the construction of utility plant and which represents a permanent infusion of capital from sources other than the utility bondholders or stockholders.
Contribution in aid of construction, as used in this subrule, means a nonrefundable cash payment grossed-up for the income tax effect of such revenue covering the costs of a distribution main extension
Contribution in aid of construction, as used in this subrule, means a nonrefundable cash payment grossed-up for the income tax effect of such revenue covering the costs of an electrical line
Contribution in aid of construction, or “CIAC” means a payment from the Customer to the Company for the installation of infrastructure or equipment for the Company to provide service to the Customer.