Examples of Preliminary Project Budget in a sentence
Total Award determination is composed of a review of the Business Owner’s unmet need through development of a Preliminary Project Budget, a Verification of Benefits, and determination of eligibility for grants within program maximum benefit caps.
All Awards for the Program are calculated in a uniform fashion in accordance with the following policies.Calculation of an Award begins with a review of proof of loss documentation against the Preliminary Project Budget (Section 3.10.1).
The Preliminary Project Budget, as evidence by projected costs and costs incurred, provides the Business Owner’s estimate of the all basic costs requested in order to return the business to pre- storm standards.
A review is conducted by State staff to ensure all amounts as outlined in the Preliminary Project Budget, DOB review and Final Unmet Need amount correspond.If the Final Unmet Need Amount does not exceed the Program Grant Maximum Benefit, the Final Unmet Need Amount becomes the Maximum Award Amount.If the unmet need exceeds the Program Grant Maximum Benefit, the Grant Maximum Benefit amount becomes the Maximum Grant Award amount.
Outcomes and outputs • Internal FEML provision – over this period, 53 learners enrolled on courses (69 enrolments).