SCOPE AND BUDGET Sample Clauses

The "Scope and Budget" clause defines the specific services or deliverables to be provided under the agreement, as well as the financial parameters governing those services. It typically outlines what tasks or work are included, any limitations or exclusions, and the total budget or payment terms associated with the project. By clearly delineating both the extent of work and the associated costs, this clause helps prevent misunderstandings, scope creep, and disputes over payment or deliverables.
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SCOPE AND BUDGET. The Project Scope and Budget are initially described in RECIPIENT’s Grant Application and incorporated by reference into this Agreement. Scope and Budget will be further developed and refined, but not substantially altered during the Design, Bid Authorization and Construction Phases. Any material alterations to the original Project Scope or Budget as initially described in the Grant Application must be authorized by TIB in advance by written amendment.
SCOPE AND BUDGET. Under United States law, Grant Funds may be expended only for charitable, scientific, literary or educational purposes. This Grant is made only for the purposes stated in this Agreement and the Schedules attached hereto, and Grant Funds shall be used for such purposes in accordance with the Project Budget described in Section 3(b). Any Grant Funds not expended or committed for the purposes of the Grant, or within the period stated above, must be returned to the Foundation, unless otherwise authorized in writing by the Foundation.
SCOPE AND BUDGET. By October 1st of each Year during the Redetermination Period, Gatherer will develop and deliver to Producers a projected Scope and budget (the “Budget”) for the following Year to meet System Requirements. The Budget will be broken down into five general categories: well connect capital expenditure, infrastructure capital expenditure, facilities capital expenditure, operations support and other capital expenditure, and Operating Expense. Gatherer will reasonably consider and incorporate the suggestions and input of Producers into the preparation of the Scope and Budget. The Scope and Budget also will include projects that Gatherer reasonably believes are necessary for the System to be in compliance with applicable laws, rules, and regulations of any governmental authority and any other projects that Gatherer reasonably believes are necessary to meet applicable health, safety, and environmental requirements or standards (“Compliance Projects”). With respect to a single project or a series of related projects with Capital Expenditures in excess of ** (“Material Project”), Gatherer will provide project level detail for such projects as part of the Budget, along with key assumptions and design basis by Budget category.
SCOPE AND BUDGET. Before August 1, 2020, the IPC shall provide to the Governing Bodies a proposed scope of services and budget to complete the Strategy, making a good faith effort for an efficient process and affordable budget relative to the financial capabilities of the Parties. The IPC shall refer to the outline in Chapter 5 of the Vision and Directions volume of the Comprehensive Plan, but is not bound by such outline when developing the proposed scope and budget for the Strategy. The IPC shall identify potential outside funding sources and a potential distribution of funding from the Parties and other potential sources. In the completion of these scoping and budgeting assignments, the IPC shall confer with the staff and Economic Development Committee of the Sauk Prairie Chamber of Commerce (“the Chamber”), the staff of the Sauk County Economic Development Corporation, and the staff of the Parties.
SCOPE AND BUDGET. (1) The total budget, scope, and specific financial contributions to joint LOFAR2.0 Development and joint rollout processes have been agreed upon earlier by the ILT, as summarised in Table 3 in the Appendix; these budgets and scopes may be updated by decisions of the ILT Board. The value of FTEs provided in-kind to the execution of the LOFAR2.0 Development has been agreed by the ILT Board in accordance with the Financial Plan prepared for ▇▇▇▇▇ ▇▇▇▇. The specific contribution by INAF is set in proportion to its number of LOFAR stations existing or to be constructed (<one> stations as of September 2022). (2) <partner-acronym> agrees to participate in and reimburse the ILT to the full extent of its financial contribution in the cost of the LOFAR2.0 Development and joint rollout processes, as set by the ILT Board; current amounts are detailed in the Financial Plan of ▇▇▇▇▇ ▇▇▇▇ and given in Table 3 of the Appendix. (3) The total costs of LOFAR2.0 Hardware items as of the date of signing of this Agreement are stated in Table 1 in the Appendix. Item costs based on binding quotes resulting from a call for tender are considered fixed in the context of this Agreement. Other items are considered current best estimates and may still vary based on market conditions. (4) Following any update from ASTRON, the ILT will inform INAF on its contribution share in the purchase cost of the LOFAR2.0 Hardware. (5) In case of cost increases that are larger than 5% for any individual item, or if the total cost exceeds the budgeted contingency of 15%, the ILT Board will decide on a course of action under the recommendation of ASTRON, before any commitments to suppliers are made. (6) The scope of the consolidated LOFAR2.0 Hardware procurement is identified in Table 2 in the Appendix, which lists explicitly the hardware for INAF. Table 2 is based on the item costs in Table 1, and is drawn up according to the specific hardware and quantities committed by INAF through this agreement for its existing stations that are to be upgraded or its station(s) to be constructed, as well as the costs of its resultant share in the stock of spares to be procured for joint ILT use. (7) Specific further roll-out costs for LOFAR2.0 Hardware roll-out costs, separately listed in Table 1, related to individual stations, are current best estimates and subject to change according to local conditions. (8) INAF agrees to reimburse the ILT for the full cost of procured LOFAR2.0 Hardware and its rollout at its...
SCOPE AND BUDGET. This Agreement is limited to the “Description of Services” set forth in Appendix A, attached hereto and incorporated by reference as though fully set forth. The breakdown of total project costs associated with this Agreement appears in Appendix B, “Project Budget, FY 2017/18 – FY 2018/19”. In no event shall the amount of this Agreement exceed three million dollars ($3,000,000).
SCOPE AND BUDGET. Participant shall commit to a project scope and budget (“Project Scope and Budget”) that plans to transition gas-fired equipment to electric alternatives at selected Participant sites within three years from the initial project launch meeting with CPA and Contractor, substantially in the form of Exhibit B, Form of Project Scope and Budget, attached to the Agreement. Participant acknowledges and agrees that it shall not be eligible to receive Technical Services or Project Funding (as such terms are defined below) until CPA and Participant mutually agree upon the Project Scope and Budget.

Related to SCOPE AND BUDGET

  • Business Plan and Budget As soon as available, but in any event within sixty (60) days after the end of each fiscal year of the Borrower, an annual business plan and budget of the Borrower and its Subsidiaries on a Consolidated basis, including forecasts prepared by management of the Borrower, in form reasonably satisfactory to the Lender, of Consolidated balance sheets and statements of income or operations and cash flows of the Borrower and its Subsidiaries on a fiscal year basis and, in the case of such forecasted statements of income, on a fiscal quarterly basis for the immediately following fiscal year. As to any information contained in materials furnished pursuant to Section 6.02(f), the Borrower shall not be separately required to furnish such information under Section 6.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 6.01(a) and (b) above at the times specified therein.

  • Development Budget Attached hereto as Exhibit "B" and incorporated herein by this reference is the Development Budget in an amount equal to $_____________. Owner acknowledges and represents that the attached Development Budget includes the total costs and expenses to acquire, develop, renovate and construct the Real Property and the Apartment Housing.

  • Budget 1. The Grantee budget for grant activities for the 2022 Summer Program and State fiscal year 2023 is $579,403. Any funds received under this grant will not be used to supplant funds normally budgeted for programs or service of the same or similar type. 2. The Grantee may transfer funds among its administrative budget line items as required to carry out the purposes of the grant. Transfer of funds within specified budget categories do not require approval from OSHE (i.e. moving funds from one counselor position to pay for another), however, any transfer of funds from one category to another will require prior approval from OSHE and will be treated as a modification to the program’s contract Attachment. 3. Any request for a budget modification must be in writing and must include a revised budget. All budget revisions and modifications must be in accordance with the EOF Regulations, Section N.J.A.C. 9A:11-6.11. The Grantee will be liable for all unapproved debts.

  • Development Plan document specifying the work program, schedule, and relevant investments required for the Development and the Production of a Discovery or set of Discoveries of Oil and Gas in the Concession Area, including its abandonment.