Project Cost Budget definition

Project Cost Budget. The Lessee has no reason to believe that funds or financing sufficient to complete the Project will not be obtainable.
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Project Cost Budget. The Lessee has no reason to believe as of the Commencement Date that funds or financing sufficient to complete the Construction Milestones will not be obtainable by the Substantial Completion Outside Date. A fair and accurate estimate of the Project Improvements Investment for the Project is $146,781,619.
Sample 1
Project Cost Budget shall have the meaning set forth in Section 2.1.14.
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Examples of Project Cost Budget in a sentence

  • The A/E shall include all utility costs in the Proposed Project Cost Budget (PPCB) form at 100% design submittal.

  • If the Company’s Final Project Cost Budget deviates materially (more than ten percent (10%)) from the information provided in the Project Application Information, the Company shall provide a written statement explaining the difference to the Agency.

  • All alternate bids shall be clearly identified on the Proposed Project Cost Budget form.

  • The Company shall not be entitled to any refund or credit of the Agency’s fee if the Final Project Cost Budget is lower than provided in the Project Application Information.

  • Please complete Exhibit A, Project Cost Budget Worksheet and Exhibit B - Estimated Project Revenues or Operating Income 7.

  • The A/E shall use the Proposed Project Cost Budget form (PPCB) to show the distribution of the project costs.

  • Indirect Costs TOTAL PROJECT COSTS Federal (RSAT) Funding Requested Non-Federal Amount (Local Cash and/or In-Kind Match) Total Project Cost Budget Detail and Budget Narrative Please provide detail regarding each budget category below, including how you calculated each cost.

  • Mr. Van Geon expressed concern regarding the need to have a clear contract of services to review before finalizing the contract award to the recommended contractor.

  • The Company shall pay to the Agency such additional administrative fees determined by the Agency in connection with the Final Project Cost Budget as provided in Section 3.6 hereof.

  • Detailed Project Cost Budget Description: PF&I – Total program cost $165,291 - $140,291 CDBG funds will be used for Construction, $25,000 in leveraged funds will be used for Administration.


More Definitions of Project Cost Budget

Project Cost Budget has the meaning set forth in the Building Loan Agreement.
Sample 1
Project Cost Budget means that certain budget as set forth by the Lessee in Exhibit E — “Project Cost Budget”. Project Counsel shall mean attorneys or a firm of attorneys selected by the Agency to render legal advice to the Agency in connection with the transactions contemplated by this Agreement. Project Documents shall mean the Company Lease, this Agreement, the Collaboration Agreement, the Guaranty Agreement, the Project Agreement, the Sales Tax Agent Authorization Letter and each Mortgage and each Mortgage Note. Project Fee shall mean $1,995,000, representing the Agency’s financing fee of $2,000,000 less the Application Fee of $5,000, payable in four equal installments on the following four dates
Sample 1
Project Cost Budget shall have the meaning as set forth in Section 2.1.14, as the same may be amended from time to time with Lender’s, First Mezzanine Lender’s and Mortgage Lender’s reasonable approval.
Sample 1
Project Cost Budget means that certain budget as set forth by the Lessee in Exhibit E — “Project Cost Budget”. Project Counsel shall mean attorneys or a firm of attorneys that are recognized for their expertise in municipal finance law and are selected by the Agency to render legal advice to the Agency in connection with the transactions contemplated by this Agreement. Project Documents shall mean the Company Lease, this Agreement, the Additional Parcel Agreement of Covenants and Restrictions, the Deed, the Guaranty Agreement, each Mortgage and each Mortgage Note. Project Fee shall mean $928,333, representing the $943,333 Agency financing fee, less the application fee of $15,000. Project Finance Plan shall mean the plan for financing of the costs of the Project set forth in Exhibit J – “Project Finance Plan”. Project Improvements shall mean all buildings (including the Building), structures, foundations, related facilities, fixtures and other improvements comprising the initial construction of two multiple story towers comprising approximately 1.1 million square feet located on the Land, all for a development to consist of approximately 1.1 million gross square feet of Class A office space, approximately 50,000 gross square feet of retail space and a 388 space parking garage in accordance with the ULURP Approval. Project Payments shall have the meaning set forth in Section 10.2. Project Work shall mean the work required to complete the Project as such work is further explained by reference to the Project Cost Budget.
Sample 1
Project Cost Budget. The Lessee has no reason to believe as of the Commencement Date that funds or financing sufficient to complete the Project and effect Substantial Completion by the Substantial Completion Outside Date will not be obtainable.
Sample 1

Related to Project Cost Budget

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Project Cost means the costs incurred in connection with the

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • Approved Budget means an annual budget-

  • Development Budget means the cost categories listed on Pages 8 - 11 in Form 3 that are directly related to the proposed Project as submitted in the Application. Indirect or off-site costs not directly related to the development of the project are not valid or eligible costs.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Qualified Project Costs means costs paid with respect to the Project that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be a so chargeable with a proper election by the Borrower or but for a proper election by the Borrower to deduct such costs) in accordance with general Federal income tax principles and in accordance with United States Treasury Regulations §1.103-8(a)(1), provided, however, that only such portion of the interest accrued during construction of the Project shall be eligible to be a Qualified Project Cost as bears the same ratio to all such interest as the Qualified Project Costs bear to all costs of the construction of the Project; and provided further that interest accruing after the date of completion of the Project shall not be a Qualified Project Cost; and provided still further that if any portion of the Project is being constructed by an Affiliate (whether as general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out-of- pocket costs incurred by such affiliate in constructing the Project (or any portion thereof), (B) any reasonable fees for supervisory services actually rendered by such affiliate, and (C) any overhead expenses incurred by such affiliate which are directly attributable to the work performed on the Project, and shall not include, for example, intercompany profits resulting from members of an affiliated group (within the meaning of Section 1504 of the Code) participating in the construction of the Project or payments received by such affiliate due to early completion of the Project (or any portion there); (ii) the costs are paid with respect to a qualified residential rental project or projects within the meaning of Section 142(d) of the Code, (iii) the costs are paid after the earlier of 60 days prior to the date of a declaration of “official intent” to reimburse costs paid with respect to the Project (within the meaning of §1.150-2 of the United States Treasury Regulations) or the date of issue of the Bonds, and (iv) if the costs of the construction of the Project were previously paid and are to be reimbursed with proceeds of the Bonds such costs were (A) costs of issuance of the Bonds, (B) preliminary capital expenditures (within the meaning of United States Treasury Regulations §1.150-2 (F) (2)) with respect to the Project (such architectural, engineering and soil testing services) incurred before commencement of construction of the Project that do not exceed twenty percent (20%) of the issue price of the Bonds (as defined in United States Treasury Regulations §1.148-1), or (C) were capital expenditures with respect to the Project that are reimbursed no later than eighteen (18) months after the later of the date the expenditure was paid or the date the Project is placed in service (but no later than three (3) years after the expenditures is paid).

  • Project area budget means a multiyear projection of annual or cumulative

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Capital Budget has the meaning given in Section 3.11(a).

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Total Project Costs means the total amount of money required to complete the Project.

  • Operating Budget has the meaning given in Section 3.11(a).

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Total Project Cost means all the funds to complete the effort proposed by the Applicant, including DOE funds (including direct funding of any FFRDC) plus all other funds that will be committed by the Applicant as Cost Sharing.

  • The Contract Price/ Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.