Phased projects definition
Phased projects means a project in which parts (“phases”) are completed and fully functional before the entire project is built-out. Receipt of funding for a phased project does not guarantee additional funding for future phases.
Phased projects means a project in which parts (“phases”) are completed and fully functional before the entire project is built-out. For example, a business park that will eventually have twenty lots may be phased such that infrastructure will open up five lots at a time over four different phases. The first five lots can be occupied immediately upon completion of the infrastructure and do not require completion of the remaining three phases. Receipt of funding for a phased project does not guarantee additional funding for future phases.
Phased projects means a project in which parts (“phases”) are completed
Examples of Phased projects in a sentence
Phased projects plans will be developed through a collaborative planning process described above.