cost cap

0.01 sec.

cost cap

Usage notes: informal.

a limit on the amount of money that an agency, department, or institution may spend.

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When it was discovered that the size of the planned psychiatric hospital is being scaled back from the recommended design, the lieutenant governor moved to have the administration re-evaluate whether the new hospital, built to replace two aging facilities, needs to remain within the $278 million cost cap.

Murray touch is everywhere by Telegram & Gazette (Worcester, MA)

Congress has placed a $460 million cost cap on future LCS's,

Ship reinforcements: overhauling Navy's fleet a $55 billion dilemma ... by Randolph, Ned / San Diego Business Journal

The Navy in May requested that the cost cap on the LCS be raised to $460 million, from $220 million.

Stormbound: Littoral combat ship could slip behind schedule as price ... by Jean, Grace / National Defense

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