Common use of Project Cost Clause in Contracts

Project Cost. a. The estimated cost of the Project is $4,879,384.00 (Four Million Eight Hundred Seventy-Nine Thousand Three Hundred Eighty-Four Dollars and No/100). This amount is based upon the Schedule of Financial Assistance in Exhibit "B", Schedule of Financial Assistance, attached and incorporated in this Agreement. The Schedule of Financial Assistance may be modified by execution of an amendment of the Agreement by the Parties. b. The Department agrees to participate in the Project cost up to the maximum amount of $1,218,600.00 (One Million Two Hundred Eighteen Thousand Six Hundred Dollars and No/100) and, additionally the Department’s participation in the Project shall not exceed N/A% of the total cost of the Project, and as more fully described in Exhibit “B". The Department’s participation may be increased or reduced upon a determination of the actual bid amounts of the Project by the execution of an amendment. The Recipient agrees to bear all expenses in excess of the amount of the Department’s participation and any cost overruns or deficits incurred in connection with completion of the Project. c. The Department’s participation in eligible Project costs is subject to, but not limited to: i. Legislative approval of the Department's appropriation request in the work program year that the Project is scheduled to be committed; ii. Approval of all plans, specifications, contracts or other obligating documents and all other terms of this Agreement; and iii. Department approval of the Project scope and budget at the time appropriation authority becomes available.

Appears in 3 contracts

Sources: Grant Agreement, Grant Agreement, Grant Agreement

Project Cost. a. The estimated cost of the Project is $4,879,384.00 1,218,215.00 (Four One Million Eight Two Hundred Seventy-Nine Eighteen Thousand Three Two Hundred Eighty-Four Fifteen Dollars and No/100). This amount is based upon the Schedule of Financial Assistance in Exhibit "B", Schedule of Financial Assistance, attached and incorporated in this Agreement. The Schedule of Financial Assistance may be modified by execution of an amendment of the Agreement by the Parties. b. The Department agrees to participate in the Project cost up to the maximum amount of $1,218,600.00 400,000.00 (One Million Two Four Hundred Eighteen Thousand Six Hundred Dollars and No/100) in Small County Road Assistance Program funding and $613,662.00 (Six Hundred Thirteen Thousand Six Hundred Sixty Two Dollars and No/100) in Small County Outreach Program funding and, additionally the Department’s participation in the Project shall not exceed N/A% of the total cost of the Project, and as more fully described in Exhibit “B", Schedule of Financial Assistance. The Department’s participation may be increased or reduced upon a determination of the actual bid amounts of the Project by the execution of an amendment. The Recipient agrees to bear all expenses in excess of the amount of the Department’s participation and any cost overruns or deficits incurred in connection with completion of the Project. c. The Department’s participation in eligible Project costs is subject to, but not limited to: i. Legislative approval of the Department's appropriation request in the work program year that the Project is scheduled to be committed; ; STATE-FUNDED GRANT AGREEMENT ii. Approval of all plans, specifications, contracts or other obligating documents and all other terms of this Agreement; and iii. Department approval of the Project scope and budget at the time appropriation authority becomes available.

Appears in 2 contracts

Sources: State Funded Grant Agreement, State Funded Grant Agreement

Project Cost. a. The estimated cost of the Project is $4,879,384.00 1,345,694.00 (Four One Million Eight Hundred Seventy-Nine Thousand Three Hundred EightyForty-Five Thousand Six Hundred Ninety-Four Dollars and No/100). This amount is based upon the Schedule of Financial Assistance in Exhibit "B", Schedule of Financial Assistance, attached and incorporated in this Agreement. The Schedule of Financial Assistance may be modified by execution of an amendment of the Agreement by the Parties.Parties.‌‌ b. The Department agrees to participate in the Project cost up to the maximum amount of $1,218,600.00 537,967.00 (One Million Two Five Hundred Eighteen Thirty-Seven Thousand Six Nine Hundred Sixty-Seven Dollars and No/100) and, additionally the Department’s participation in the Project shall not exceed N/A% of the total cost of the Project, and as more fully described in Exhibit “B". The Department’s participation may be increased or reduced upon a determination of the actual bid amounts of the Project by the execution of an amendment. The Recipient agrees to bear all expenses in excess of the amount of the Department’s participation and any cost overruns or deficits incurred in connection with completion of the Project.Project.‌‌ c. The Department’s participation in eligible Project costs is subject to, but not limited to:to:‌‌ i. Legislative approval of the Department's appropriation request in the work program year that the Project is scheduled to be committed;committed;‌‌ ii. Approval of all plans, specifications, contracts or other obligating documents and all other terms of this Agreement; andand‌‌ iii. Department approval of the Project scope and budget at the time appropriation authority becomes available.available.‌‌

Appears in 1 contract

Sources: Grant Agreement

Project Cost. a. The estimated cost of the Project is $4,879,384.00 2,351,422.00 (Four Two Million Eight Hundred Seventy-Nine Thousand Three Hundred EightyFifty-One Thousand Four Hundred Twenty-Two Dollars and No/100). This amount is based upon the Schedule of Financial Assistance in Exhibit "B", Schedule of Financial Assistance, attached and incorporated in this Agreement. The Schedule of Financial Assistance may be modified by execution of an amendment of the Agreement by the Parties. b. The Department agrees to participate in the Project cost up to the maximum amount of $1,218,600.00 1,750,000.00 (One Million Two Seven Hundred Eighteen Fifty Thousand Six Hundred Dollars and No/100) and, additionally the Department’s participation in the Project shall not exceed N/A% of the total cost of the Project, and as more fully described in Exhibit “B", Schedule of Financial Assistance. The Department’s participation may be increased or reduced upon a determination of the actual bid amounts of the Project by the execution of an amendment. The Recipient agrees to bear all expenses in excess of the amount of the Department’s participation and any cost overruns or deficits incurred in connection with completion of the Project. c. The Department’s participation in eligible Project costs is subject to, but not limited to: i. Legislative approval of the Department's appropriation request in the work program year that the Project is scheduled to be committed; ii. Approval of all plans, specifications, contracts or other obligating documents and all other terms of this Agreement; and iii. Department approval of the Project scope and budget at the time appropriation authority becomes available.

Appears in 1 contract

Sources: Grant Agreement

Project Cost. a. The estimated cost of the Project is $4,879,384.00 (Four Million Eight Hundred Seventy-Nine Thousand Three Hundred Eighty-Four Dollars and No/100). This amount is based upon the Schedule of Financial Assistance in Exhibit "B", Schedule of Financial Assistance, attached and incorporated in this Agreement. The Schedule of Financial Assistance may be modified by execution of an amendment of the Agreement by the Parties.Parties.‌ b. The Department agrees to participate in the Project cost up to the maximum amount of $1,218,600.00 (One Million Two Hundred Eighteen Thousand Six Hundred Dollars and No/100) and, additionally the Department’s participation in the Project shall not exceed N/A% of the total cost of the Project, and as more fully described in Exhibit “B". The Department’s participation may be increased or reduced upon a determination of the actual bid amounts of the Project by the execution of an amendment. The Recipient agrees to bear all expenses in excess of the amount of the Department’s participation and any cost overruns or deficits incurred in connection with completion of the Project.Project.‌‌‌‌ c. The Department’s participation in eligible Project costs is subject to, but not limited to: i. Legislative approval of the Department's appropriation request in the work program year that the Project is scheduled to be committed; ii. Approval of all plans, specifications, contracts or other obligating documents and all other terms of this Agreement; andand‌‌ iii. Department approval of the Project scope and budget at the time appropriation authority becomes available.

Appears in 1 contract

Sources: Grant Agreement

Project Cost. a. The estimated cost of the Project is $4,879,384.00 1,345,694.00 (Four One Million Eight Hundred Seventy-Nine Thousand Three Hundred EightyForty-Five Thousand Six Hundred Ninety-Four Dollars and No/100). This amount is based upon the Schedule of Financial Assistance in Exhibit "B", Schedule of Financial Assistance, attached and incorporated in this Agreement. The Schedule of Financial Assistance may be modified by execution of an amendment of the Agreement by the Parties. b. The Department agrees to participate in the Project cost up to the maximum amount of $1,218,600.00 537,967.00 (One Million Two Five Hundred Eighteen Thirty-Seven Thousand Six Nine Hundred Sixty-Seven Dollars and No/100) and, additionally the Department’s participation in the Project shall not exceed N/A% of the total cost of the Project, and as more fully described in Exhibit “B". The Department’s participation may be increased or reduced upon a determination of the actual bid amounts of the Project by the execution of an amendment. The Recipient agrees to bear all expenses in excess of the amount of the Department’s participation and any cost overruns or deficits incurred in connection with completion of the Project. c. The Department’s participation in eligible Project costs is subject to, but not limited to: i. Legislative approval of the Department's appropriation request in the work program year that the Project is scheduled to be committed; ii. Approval of all plans, specifications, contracts or other obligating documents and all other terms of this Agreement; and iii. Department approval of the Project scope and budget at the time appropriation authority becomes available.

Appears in 1 contract

Sources: Grant Agreement