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 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 application should help address these problems As explained above, it was recommended that the current waste collection arrangements be retained.

  • Contribution in aid of construction Note20212020Balance, 1 January 3,251,2633,043,926Contributions received during the year 342,702637,079Amount charged to profit or loss19(451,650)(429,742)Balance, 31 December 3,142,3153,251,263 15.

  • This problem is usually approached with one of two forms of packet fragmentation [Shoch, 1979a].With internetwork fragmentation, an internet-wide design specifies the operations to be performed on a packet that is too large for a network it is about to enter.


More Definitions of Contribution in aid of construction,

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, 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 nonrefundable cash payment covering the costs of an extension that are in excess of utility-funded allowances. Cash payments will be grossed-up for the income tax effect of such revenue. The amount of tax is 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 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 a nonrefundable cash payment covering extension costs that exceed Cooperative funded allowances.
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 service line that are in excess
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