project budget

project budget

The sum established by the owner as available for the entire project, including the construction budget, land costs, equipment costs, financing costs, compensation for professional services, contingency allowance, and other similar established or estimated costs.
References in periodicals archive ?
9 billion will serve as capital and project budget.
6 million metric tons per annum steady state capacity alumina refinery has approved an extension and increase to an interim project budget of USD30.
For example, if inflation is underestimated or not built into the project budget, an estimate that was made a year or more before the project actually begins will be insufficient from the start.
Funding for this is included in the project budget, the report said.
We estimate that the firmware and host API that we provide customers royalty- and license-free is worth approximately $750,000 in OEM project budget savings.
Cost trends to date indicate that the project is likely to be completed well below the project budget of $860m.
4 trillion yen public works project budget for fiscal 2001 to information technology (IT) fields, including the establishment of a fiber-optic network, the LDP's top policy planner said Tuesday.
A delay of two or three months can have a detrimental effect on a proposed project budget,'' he wrote in his report.
One of the biggest construction challenges was the effect of inflation on the project budget.
With careful documentation of design objectives, design calculations and cost estimates for items that qualify as personal property, the architect can present the project budget to the owner and the accountants at the end of the project.
The grant panel members will evaluate: architectural and historic significance of the building, landscape or area; the need for the project and for financial support at this time; the applicant group's ability to carry out the project within a stated schedule; the applicant group's ability to raise sufficient funds to complete the project; the appropriateness of the project budget and consultant(s); extent of local support for the project; and the likelihood that significant restoration or planning work will result.
About $10,000 of the project budget will be spent to improve access to and from Victory Boulevard, where traffic has increased since the opening of the Empire Center in 2001.