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Budget
Budget contract clause examples
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Any approved Work Program and Budget may be revised by the Operating Committee from time to time. To the extent such revisions are approved by the Operating Committee, the Work Program and Budget shall be amended accordingly. Operator shall prepare and submit a corresponding work program and budget amendment to the Management Committee or the Government, as applicable, if required by the PSC.

Exhibit # Work Program and Budget

6.2Initial Work Program and Budget

Final Development Cost Budget..................................................................................... Exhibit B

Final TI Cost Budget....................................................................................................... Exhibit B

6.10Multi-Year Work Program and Budget

prepare the operating budget and submit it to the Parties before the realization of the Project and, from time to time or upon request by the Parties, prepare and submit a revised budget while in progress;

other than as contained in the Work Program and Budget, approve any work program, budget, expenditure or capital commitment relating to the Farmee Interest involving expenditure in excess of Five Hundred Thousand U.S. Dollars (U.S. $500,000);

be reflected in each annual Work Program and Budget.

Subject to paragraph # below, the aggregate Capital Expenditure of the Group in respect of any Financial Year shall not exceed 115% of the amount approved by the Agent in the Budget (or in any updated or changed Budget) for that Financial Year.

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