Minor Capital definition
Examples of Minor Capital in a sentence
Single-item projects may exceed the Minor Capital threshold and still fall under this category.
Owner shall pay for the services, repairs and maintenance required for a propety, all Minor Capital Expenditures and Major Capital Expenditures.
Owner shall pay for the services, repairs and maintenance described under Sections 3.4, 3.5, 3.6, and 3.7, all Minor Capital Expenditures and Major Capital Expenditures.
Standard Fee Schedule: Projects greater than Minor Capital Limit to up to $50,000,000.
For projects greater than the Minor Capital Limit and up to $50,000,000, Plan Check Review fees shall be in accordance with the Plan Review Fee Schedule.
Minor Capital Projects may involve the rehabilitation or upgrading of mechanical, electrical, plumbing, infrastructure technology components or systems or any combination thereof.
Minor Capital Expenditures will not include preparatory expenditures ahead of the construction of Midstream Assets such as obtaining rights of ways or surveys, all of which must be approved in a Project AFE.
Minor Capital Improvements shall be deemed to be approved by both Owners provided that the same are (i) within the discretionary Capital Expenditure authority of the plant manager of the Facilities and (ii) within the line item allocation for minor Capital Improvements as contained in the applicable Annual Plan & Budget.
Non-payment of any invoices and outstanding debt may result in the withdrawal of the User Groups allocations of Council facilities and ineligibility for Council Minor Capital Works and grant programs.
Provide technical and financial advice to customers on Minor Capital, Major Maintenance and Security Works projects.