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<br />application to post- '99 joint cost expenditures are set fonh on Attachment land. 4 Inol <br /> <br />. llllllChft.llo the linn Il!IIII hereto. The methodology discussed m this pa~r. and the <br /> <br />computed Cap Com'ersion Factor. are applicable until the aClUal jomt cost expenditures <br /> <br />exceed ~H6,399.000. (Ihe tolal joint costs included in the 5500,000.000 Project Cost <br /> <br />estImate from July. 1003). Once actual joint cost expenditures exceed 5346.399,000. an <br /> <br />adjusted Cap Com"ersion Factor will be developed as discussed in Section C.2. <br /> <br />.... Quancrly billings through December 200-' rel1ected Ihe allocable ~rcentages for each <br /> <br />sponsor as applied [0 the TClmbursable ponion of the $500 million COSI estimate. As a <br /> <br />result of the passage of the Section 207 language in December 2004. subsequent quanerly <br /> <br />billings have been adjusted It) renect the S"'3 million reimbursement cap and all previous <br /> <br />payments. Previous payments in excess of the required amount as recalculated pursuant <br /> <br />[0 Sec[ion 207 are being applied as credits to fu[ure quanerly billings for allocable <br /> <br />reimbursable costs, joint and specific. unlil the allocable reimbursable costs. joint and <br /> <br />. <br /> <br />specific. reqUIre additional payments by the sponsors. <br /> <br />C. Other. <br /> <br />I. Estimate of Intlat\.>o Reimbursem\.'n[ Cap' -'-b~laraglla!;,t,:_9J~\.-cINI1 207 m effrtl <br /> <br />prQ\ldes thaI repaymcnt \\'1111101 be n:Qlllrcd fllT S 16J ~hlhl,)n In 'Qstllu:rca~~ IIldudlxl <br /> <br />!!l..1hc S500 .\lillton t\11aLe.[Q1!=cl Cost c;~t_m~tc;J---'rr-RI,.'('lamatlon nUJID". 2003 ba..q\ nn <br /> <br />Jam~!!1...JQQlrqce le\CJi..-bll!~.Lmlerrn:led b_J::J:Lrtlam.lllo!'dcctlon 10'" ~l~ualLIQr <br /> <br />lli~ ..J_! \l.!lIwn r~lm~ur~_l:Jk'Il_U;::ljLWJ:!1.'. suI:1Jrtlll,Untl.llltJn-,-A simple ra[io and proportion <br /> <br />. <br /> <br />""~.... <br /> <br />~ed:.Dd""<>J<<I(""'ll'To/<<_ <br />rorbu....rl"""lII\l- <br /> <br />r~ed:~ <br /> <br />l <br />