Not to Exceed


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Not to Exceed

An estimate of the cost of a project that a potential contractor gives to the firm negotiating a contract. An NTE includes additional funds that might be needed in case something goes wrong. It is important to note than an NTE assumes that the scope of the project does not change; it may be revised if this occurs.
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The second issue, pertaining to the issuance of capital improvement bonds, not to exceed $21 million, passed with a 79 percent majority, 1,867 votes, while 21 percent, 496 votes, was in opposition.
Pursuant to the agreement, the company has access to a line of credit in the maximum principal amount not to exceed USD1m.
The airport operator said Reynolds Buick Inc will provide ten CNG pick-up trucks at a cost not to exceed USD581,415 and Maurice J.
Loan guarantees cover up to 50 percent of a project's cost, not to exceed $10 million.
02(2) permits a taxpayer to claim a deduction not to exceed the vehicle's FMV if the charity intends to make "significant intervening use of or material improvement to" the vehicle.
Homeowners may also get a tax credit (up to 30% of the cost, not to exceed $500 per kW of capacity) for installing a "qualified" fuel cell unit.
Manitoba Hydro had agreed not to exceed a certain level of height of water but they've exceeded it," he said.
Although traditional IRAs and Roth IRAs are granted limited protection under BAPCPA (generally not to exceed $1,000,000), qualified plans and certain other retirement arrangements such as 403(b) arrangements and 457 plans are granted unlimited protection under the act.
R01 type) grant, an applicant may request a project period of up to three years and a budget for total costs (direct and indirect) not to exceed $400,000 total for a three-year period.
The only limitation in this case is given by the size of the raw material to be fed not to exceed the flight depth dimension of 3.
Municipalities sharing a center may combine their awards for a total not to exceed $5,000 for improvements toward their used oil collection programs.
This competition is open to musicians of all nations born between 1976 and 1987, with the average age not to exceed 30 and total age not to exceed 120.