These results are expected given the current status of the climate models; however, the thing worth noting is that the model data can be used for the projection period, an important point for climate change impact studies in understanding changes in wet and dry spells in the future relative to the model
base period.
O'Donoghue said that the TIMI study group was brought in by Merck for a "second perspective," to add rigor to an examination of events that had not been anticipated in the
base period of the LOFT study.
Novavax and Biomedical Advanced Research and Development Authority have agreed to amend the contract to allow Novavax to continue to evaluate the remainder of the USD97m in
base period funding until September 2014.
As noted in the "Facts and Background" section, many factors had to be considered before selecting the appropriate
base period to project financial operations during the period of restoration.
Their findings revealed that extremely hot summers-those with temperatures three standard deviations greater than the mean temperature in the base period-occurred much more frequently in the past several years than during the
base period, when they were practically absent.
The
base period of CH2M HILL's contract is currently valued at about $3.7 billion, including $1.3 billion in American Recovery and Reinvestment Act funding that DOE provided since 2009.
The maximum dollar value, including the
base period and four option years, for all five contracts combined is $80,000,000.
Truston Technologies Inc., Annapolis, MD (N62583-10-D-0341); GPA Technologies Inc., Ventura, CA (N62583-10-D-0342); Harbor Offshore Inc., Ventura, CA (N62583-10-D-0343); Great Eastern Group Inc., Fort Lauderdale, FL (N62583-10-D-0344); and Hardline-Resolute JV LLC, Brasstown, NC (N62583-10-D-0345) are each being awarded a firm-fixed-price has a one-year
base period, two one-year options and is valued at US$25 million if all options are exercised.
In addition, with exception of psychiatric hospitals, those qualifying hospitals with more than 50 Title XXI admissions in the catastrophic relief payments
base period will receive $1,750,000.
The contract has a one year
base period of performance, three one-year options and a contract value of more than $11 million if all options are exercised.
The contract consists of a five-year
base period worth $6.9 million and five option years worth $8.8 million.
The dividend cannot exceed the excess of all dividends received during the tax year from the controlled foreign company over the annual average for the
base period years of 1) dividends received during each base-period year from the controlled foreign company; 2) amounts included in the U.S.